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

[LuanX3]

Got a question about these banks we can open for free. Can I use them to verify any paypal I have. I don't have a bank anywhere but my paypal is asking for one and I would really like to verify mine. Looking at those banks, can I fund them using any online method or do I have to deposit real money in their branches?

[1714180916]

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[1714180916]

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[1714180916]

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[HostFat]

Many of those online banks have NOT branches.

Usually Paypal require a verification from the "card", and almost of all of them are giving cards.

[HostFat]

Update about Revolut

Now they are giving a personal UK account.

[HI-TEC99]

Fidor Bank offers free bank accounts to German citizens and UK citizens that they can open directly online.

https://www.fidor.de/

https://www.fidorbank.uk/

Added.

Do you know if deposit/withdrawal to/form Kraken are instant with these bank accounts?

According to this reddit post deposits/withdrawals are instant because the Kraken has a Fidor bank account.


https://www.reddit.com/r/ethtrader/comments/4tyr95/instant_depositwithdrawal_on_kraken/

For those of you who did not know.. It is possible to deposit and withdraw € instantly and around the clock 7 days a week from/to your debitcard/ EC Card if you have a bank account at Fidor Bank. Fidor Bank is a bank 2.0 from Germany and has partnered with Bitcoin.de and Kraken.

I am Tier 3 customer on Kraken and the first Fiat Deposit took 3 days. Since the bank account was verified my Fiat transfers are realtime. I deposited Fiat at 01:00 in the morning on Sunday and immediately purchased Ether. When i sell Ether i have Fiat on my Mastercard/ EC Card combo immediately.

I did not see this info on Kraken or in reddit so maybe it is helpful to some of you, especially those from Germany who can not use Coinbase

I asked for confirmation that Fidor to/from Kraken deposit/withdrawal is instant in the Kraken thread. Its spokesman gave the reply below. The first deposit/withdrawal can take a long time, but after that deposits/withdrawals usually take about 5 mins.

If you have a Fidor bank account can you make instant deposits and withdrawals to the Kraken through it? The Kraken has a Fidor bank account, and a reddit post claims deposits/withdrawals between Kraken and Fidor are instant. Can anyone confirm it please?

https://www.reddit.com/r/ethtrader/comments/4tyr95/instant_depositwithdrawal_on_kraken/

yes, you can do Fidor-Fidor transactions to transfer funds between your Fidor account and your Kraken account. It's not quite instant, but usually only takes about 5 mins or so. Also, the first time you do a transfer this way it will take much longer because there are some things we have to check manually in order to whitelist your account for these kind of transfers.

[HostFat]

@HI-TEC99
I've added this info.

[LeGaulois]

Another one i found yesterday is uphold.com. You can receive and transfer money. and They do accept bitcoin. No plastic credit card from what i found, only virtual mastercard. It's a young company 2 years old about. You can hold fiat bitcoin and metals as well. fees look pretty cheap compared to other.
thanks about the Revolut news

[HostFat]

Uphold is only an eWallet, it doesn't offer personal IBAN accounts.

[Clement Kaliyar]

Does the list meant that we could open a offshore bank account to the banks mentioned,if so that would be cool.How about the taxes per se ,how are we going to settle those things.Are those registered banks or private financial centers who provides the facility to open an account.

[HostFat]

Mistertango now offers this card:
http://www.hercuscard.com/files/MisterTango%20CREDITCO_HERCUS%20SUMMARY%20BOX%2028102016.pdf

[Addisonbt]

Mistertango now offers this card:
http://www.hercuscard.com/files/MisterTango%20CREDITCO_HERCUS%20SUMMARY%20BOX%2028102016.pdf

But,
 

[zuggu-1]

www.monese.com UK personal Iban 1st month free then Monthly fee £4.95 

[Addisonbt]

add country list:
.....

Thanks for joining our waiting list!

N26 is currently available in 17 countries across Europe, but we’re not available in your country yet.

We appreciate your interest, and we’ll get in touch with you as soon as N26 comes to your country.

See you soon.

Your N26 Team

[Sosaso75]

First of all,thanks for the helpful list...much appreciated.
Can you open any of these bank accounts without any verification, e.g Postident or Videoident ?

[LTU_btc]

First of all,thanks for the helpful list...much appreciated.
Can you open any of these bank accounts without any verification, e.g Postident or Videoident ?

I don't think that you can open bank account without any verification. Banks need to follow their country laws and they need to ask verification from users. At least you will be asked to send passport or ID scan. Some banks have additional video verification.

[Vaccinus]

First of all,thanks for the helpful list...much appreciated.
Can you open any of these bank accounts without any verification, e.g Postident or Videoident ?

I don't think that you can open bank account without any verification. Banks need to follow their country laws and they need to ask verification from users. At least you will be asked to send passport or ID scan. Some banks have additional video verification.

not all banks account online require verification, i think many have a certain threshold and under this threshold you have not to declare your personal informations, what you say is true when they ask verification in the case you move more than $1k because of money laundering

[Sosaso75]

First of all,thanks for the helpful list...much appreciated.
Can you open any of these bank accounts without any verification, e.g Postident or Videoident ?

I don't think that you can open bank account without any verification. Banks need to follow their country laws and they need to ask verification from users. At least you will be asked to send passport or ID scan. Some banks have additional video verification.

not all banks account online require verification, i think many have a certain threshold and under this threshold you have not to declare your personal informations, what you say is true when they ask verification in the case you move more than $1k because of money laundering

So maybe the only possible and cheap solution is to open e.g 10 or more accounts at several different institutes for gaining higher transaction value. 

[enroberte]

First of all,thanks for the helpful list...much appreciated.
Can you open any of these bank accounts without any verification, e.g Postident or Videoident ?

I don't think that you can open bank account without any verification. Banks need to follow their country laws and they need to ask verification from users. At least you will be asked to send passport or ID scan. Some banks have additional video verification.

And which banks from the list, have this t

First of all,thanks for the helpful list...much appreciated.
Can you open any of these bank accounts without any verification, e.g Postident or Videoident ?

I don't think that you can open bank account without any verification. Banks need to follow their country laws and they need to ask verification from users. At least you will be asked to send passport or ID scan. Some banks have additional video verification.

not all banks account online require verification, i think many have a certain threshold and under this threshold you have not to declare your personal informations, what you say is true when they ask verification in the case you move more than $1k because of money laundering

And do we know which banks from the list, have this threshold?

[Vaccinus]

First of all,thanks for the helpful list...much appreciated.
Can you open any of these bank accounts without any verification, e.g Postident or Videoident ?

I don't think that you can open bank account without any verification. Banks need to follow their country laws and they need to ask verification from users. At least you will be asked to send passport or ID scan. Some banks have additional video verification.

And which banks from the list, have this t

First of all,thanks for the helpful list...much appreciated.
Can you open any of these bank accounts without any verification, e.g Postident or Videoident ?

I don't think that you can open bank account without any verification. Banks need to follow their country laws and they need to ask verification from users. At least you will be asked to send passport or ID scan. Some banks have additional video verification.

not all banks account online require verification, i think many have a certain threshold and under this threshold you have not to declare your personal informations, what you say is true when they ask verification in the case you move more than $1k because of money laundering

And do we know which banks from the list, have this threshold?

i don't know sorry i did not use any of those in the list i just sell on a exchange and use personal bank account of my country, maybe you can ask the thread starter for this?

[hardtime]

I know this may seem like a simple one, but why would you want to open an international account (U.S Citizen here) when you could just go ahead and use your own account from the U.S? Is there something I'm missing here or is this for a certain niche of people who are having an issue?

Thanks guys.

[HI-TEC99]

I know this may seem like a simple one, but why would you want to open an international account (U.S Citizen here) when you could just go ahead and use your own account from the U.S? Is there something I'm missing here or is this for a certain niche of people who are having an issue?

Thanks guys.

One good reason is that banks sometimes close accounts that do wire transfers to Bitcoin exchanges for no other reason than being related to Bitcoin. You can have a free online account from a bank listed in this thread for Bitcoin exchange wires transfers, and also your existing bank account for non-Bitcoin related transactions.

If your free online account gets terminated without explanation for doing wire transfers to Bitcoin exchanges you still have your other account for everyday transactions.

The quote below is from a thread that lists Bitcoin hostile, and friendly banks. I only included the top of the hostile bank list because it's enough to convey how hostile to Bitcoin some banks are. Although that particular list is for banks hostile to Bitcoin businesses, they can be just as hostile to normal customers.

To qualify on the list a bank or payment processor must without explanation terminate or refuse business of legitimate bitcoin busineses.  

Australia:

   Commonwealth Bank of Australia
      

• Commonwealth Bank of Australia Closes Personal Account (Reddit)

   CurrencyFair (Website)
      

• CurrencyFair denies the application for any business having anythinng to do with bitcoin.

   OzForez.com.au
      

• Denids the application of any business having anything to do with bitcoin.

      
      
Canada:

   The Royal Bank of Canada (Link)
      

• Canada Tightens Restrictions on bitcoin trading partner
• LibertyBit News

   
   BMO
      

• CanadaBitcoins was accepting cash deposits here, but accounts closed due to AML/KYC Requirements. Link.
• CanadaBitcoins no longer accepting cash deposits at all to BMO, verified or not. Link.

   CIBC
      

• CanadaBitcoins was accepting cash deposits here, but accounts closed due to AML/KYC Requirements. Link.[url=http://

   Royal Bank of Canada  
      

• Canadian Bitcoins and CadBitcoin Have Accounts Frozen]