[LIST] Free EU bank accounts that you can be opened directly online

[LeGaulois]

Bunq closed my account and asked to provide Iban to transfer my remaining funds there. Does anybody know how long to wait from them to be it done? Support not answering.

They won't answer you. You're not considered as a customer anymore, just a user to 'delete' from the database soon. Your bank account number doesn't exist anymore. I don't know very well Bunq but in the best case, it will take a week, 1 month at max if you forget to give an IBAN or something like that. They don't like to wait for a lot in such case.

[capn_louis]

Bunq closed my account and asked to provide Iban to transfer my remaining funds there. Does anybody know how long to wait from them to be it done? Support not answering.

What do you think caused them to close your account? Were you receiving/sending a lot of large transfers?

[vasdor88]

Well, updating. They answered in support chat that remaining funds will be transferred within few business days. I wouldn't say that there were a lot of big transfers. Rather many small transfers 100-200 Eur and few bigger 1000-2000 Eur.

[poordeveloper]

Well, updating. They answered in support chat that remaining funds will be transferred within few business days. I wouldn't say that there were a lot of big transfers. Rather many small transfers 100-200 Eur and few bigger 1000-2000 Eur.

Take into account most people use (most of) these accounts for small day-to-day payments, so a Bitcoin trader can be spot quite easily.

At the end of the day it's a numbers game. And if you're dealing with over a few thousands it's quite likely your account will be reviewed.

[NoNameXXX]

Thanks, this forum has a lot of very useful information.
I do not dedicate myself to bitcoin.

👉There are two accounts (transferwise and weststein) to which they arrive about 2000 € of the particulars by SEPA transfer (European Union) per month (each person sends about 50-150 €) and sending € 1500.

Can you tell me how much it's possible upload and be calm? it's possible to go up to € 6000 per month?

Can you advise another friendly platform with IBAN DE?

👉another doubt:
Since this week Westestein has stopped sending the money. Information appears on the internet that has remained insolvent. How can it's possible recover the transfers made? (200€).

👉And another doubt.
If platforms ask about these transfers, what information will be accepted by them?

Thanks for any advice.

[LeGaulois]

1) Generally speaking in Europe, after more than 5000€ in transactions the last 30 calendar days, banks (and related services) need to check out if there is nothing unusual. But in fact, it's automated most of the time, and your account(s) aren't even checked if, for example, you send money from your account 1 to your account 2. To make it short, there is no money laundering risk if you send money to yourself.
At worst, they may ask you why you are sending or receiving so much money to this or that person. Or ask you about the source of funds. But you can say a little bit of anything

2) I don't know this service so can't comment about it. But the only way to get your funds back will be after a justice decision, which can take perhaps at least a year or more. Don't you have its prepaid card to try to get $ via ATM?.

3 )It is ambiguous, legally they can ask for the origin, but not necessarily to ask for concrete evidence (such as supporting documents). That's why I was saying that people can talk a little bit of nonsense. It's like you're getting money from your aunt for your birthday, what proof can they ask for? You see.

Can you advise another friendly platform with IBAN DE?

There is no DE, NL or BE Iban, it's a European standard but if you mean a DE company, take a look at Fidor and Bitwala.

[aleou12]

Update: 3 weeks passed since N26 froze my account. 3 days ago they closed it (cannot log in/smartphone unpaired). Money have not been returned and they still dont respond to any communication. FWIW I only transferred to coinbase and back.

Is there ANY bank in europe that I can transfer from crypto exchanges (coinbase) back and forth and have no problems? I opened fidor,bunq and bitwala but in all of 3 of the above I encounter reviews on trustpilot that they do just what N26 did - close account with no reason provided and hope for the best..

What bank do you guys use to trade crypto without having to worry for shit like that?? Any good practices you suggest? I opened a Bl3p.eu (dutch exchange that I read has "good relation" with bunq) but the volume is nonexistant..

[LeGaulois]

Update: 3 weeks passed since N26 froze my account. 3 days ago they closed it (cannot log in/smartphone unpaired). Money have not been returned and they still dont respond to any communication. FWIW I only transferred to coinbase and back.

Is there ANY bank in europe that I can transfer from crypto exchanges (coinbase) back and forth and have no problems? I opened fidor,bunq and bitwala but in all of 3 of the above I encounter reviews on trustpilot that they do just what N26 did - close account with no reason provided and hope for the best..

What bank do you guys use to trade crypto without having to worry for shit like that?? Any good practices you suggest? I opened a Bl3p.eu (dutch exchange that I read has "good relation" with bunq) but the volume is nonexistant..

It's ironic to say it but national banks are still the best to use with crypto exchanges. I have never got a single problem, warning, phone call or whatever. No matter the banks I use. (The day it happens I won't have any problem I will just reply requesting to close my account). And the cards always work at ATM or POS
If you're facing problems with the relation exchange<=>banks account maybe it's time for you to use a decentralized exchange like Bisq

[aleou12]

An update:

N26 returned my money after 4 weeks. I threaten to file a complain with BaFin and "call my lawyer" and gave them a week. Last day of the week I got my money. I dont know if the threat made them hurry up or not just saying..

[poordeveloper]

For some of those banks/e-money issuers NOT accepting anything to do with crypto - maybe seeing the referral URL for the signup (noticing you registered from this thread) will trigger enhanced AML measures?

Would be a really economical way to detect such behavior and with near-zero rate of false positives.

[freenow]

Revolut have block my acc from 22.4.2019.
Have sent them iban to receive the amount and until now still wait. Any help here how to receive my amount??

[poordeveloper]

Revolut have block my acc from 22.4.2019.
Have sent them iban to receive the amount and until now still wait. Any help here how to receive my amount??

What timeframe did they give you for sending you your money?

[freenow]

unfortunately, I am not able to provide an exact arrival time of your funds. I can assure you, that your funds will be sent to you as soon as possible.

3 months still wait

[freenow]

Still wait from revolut to receive my amount. Is big amount 55k.
110 days and now nomore take response at revolut chat or in social media .
Please give your idea here

[LeGaulois]

Still wait from revolut to receive my amount. Is big amount 55k.
110 days and now nomore take response at revolut chat or in social media .
Please give your idea here

110 days is unusual. Not any decent bank or neobank would do that (unless they're waiting for something but it doesn't seem the case).
Unfortunately, if you don't have anymore any communication with them, you should try to get help from "an association of consumers" or something like a "bank mediator" This is something that you will need to search for in their country :/

[hgerson]

Which of these allow you to create unlimited number of virtual credit cards?

[LTU_btc]

Which of these allow you to create unlimited number of virtual credit cards?

I personally haven't tried this, but I doubt that one of these services would allow to make unlimited number of virtual credit cards. Actually, probably none of these aren't issuing credit cards at all, you only can get debit card. I'm curious, why you would need unlimited number of VCC? Can you answer?

[fuski]

Be careful with Bunq, even if you are a premium member and receive / transfer some decent amounts to exchanges, they will close your account

How is bunq verification done. just need to upload id or do they have a call like n26?

[ShopemNL]

Bunq just closed my accounts, they are under extra supervision from the ECB, since one dutch bank got a big fine and another one got warned.

N26 is a pain in the ass, there support is so slow!

Wanted to try revolut but seems they are closing accounts aswell.

[Coincalator]

Anybody have tried their services? https://globitex.com/euro-wallet

It looks that they have a pretty attractive offer for a crypto-friendly dedicated IBAN account and SEPA transfers.