All Novel accounts are real bank accounts issued by our banking partner Blue Ridge Bank, Member FDIC.

You can review your receiving account details on your dashboard

All wires are free on the Plus plan. ACH and International transfers are Free. Domestic Wires have a $5 fee on the Standard plan.

We support over 130 countries around the world except for the following: Belarus, Burundi, Central African Republic, Cuba, Democratic Republic of the Congo, Iran, Iraq, Lebanon, Libya, Nicaragua, North Korea, Somalia, South Sudan, Sudan, Syria, Ukraine, Venezuela, Yemen, and Zimbabwe

We support 130+ currencies. You can find more details about on the following link :

You can connect your Novel account as a bank account using the information under your Novel dashboard For more info check the following link :

Yes, all deposits are FDIC insured up to $250,000. Novel works with FDIC insured banks including Blue Ridge Bank, Member FDIC, to store your deposits.