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Overview

Description

bunq is a Dutch digital neo-bank offering mobile-first personal and business accounts, high-yield savings, and sustainable banking features across the European Economic Area.

General Info

Address
Naritaweg 131-133, 1043 BS Amsterdam, The Netherlands
Phone number
Identification number
54992060
CEO
Ali Niknam
COB
Ali Niknam
Email
support@bunq.com
Full name
bunq B.V
Name
Bunq
Social Media
SWIFT code
BUNQNL2A
Year of foundation
2012

Overview

Crypto-Friendly

Risk
High risk
Commissions
Low
Mobile App
iOS, Android, Web, Api
Supported languages
Indonesian, Turkish
International Transfers
SEPA / SEPA Instant, CHAPS Transfers
Authorities
FINRA, BaFin
Regulators
MNB, BDL, BCB, ACPR
Country of registration
Syria
Business focus
Student loans, Money transfers, Cryptocurrency exchange
Card/Payment Scheme
Rupay, Visa, Mastercard, Alipay
License type
Mortgage Companies, Payment Institutions (PIs), Brokerage Firms
Account Currency
ANG, HKD, KES, RON
AML Tolerance
Medium-High

Products

Payment Cards - Debit

CBDC

Cryptoprocessing

Investments

Loans - Car loans

Loans - Consumer loans

Loans - Microloans

Loans - Mortgage loans

Loans - Student loans

Payment Cards - CashbackCard

Payment Cards - Credit

Payment Cards - Crypto

Payment Cards - Prepaid

Payment Cards - Travel

SEPA

SWIFT

Savings accounts

Staking

Time Deposits

Trading accounts

Features

ATM support

Acquiring bank

Cryptocurrency exchange

Cryptopayments

Expense Management Tools

Overdrafts

Personal Manager

Servicing of Individuals

Servicing of Legal entities

Area served

Africa
Togo, Algeria
Asia
Israel, Iran
Australia and Oceania
Tuvalu, Vanuatu, Tonga, Australia
Europe
United Kingdom, Turkey, Portugal, North Macedonia
North America
Saint Vincent and the Grenadines, Dominica, Grenada
South America
Colombia, Ecuador, Guyana

Pros & Cons

Pros

  • Remote Account Opening. Ability to open an account entirely online (including video verification) without visiting a branch. Crucial for non-residents

  • Multi-Currency Accounts. Ability to open and conveniently manage accounts in different currencies within a single dashboard

  • Fast International Transfers. Fast processing of international transfers (SWIFT, SEPA, etc.) with minimal delays

  • Zero Account Maintenance Fees. No monthly account maintenance fees (with no hidden conditions)

Cons

  • No Remote Onboarding. Inability to open an account remotely, requiring mandatory personal presence at a bank branch

  • Low Interest Rates on Deposits. Extremely low, near-zero interest rates on deposits and savings accounts

  • High Out-of-Network Fees. High fees for cash withdrawals at out-of-network ATMs or abroad