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

[Relictus]

I have created an account on LeuPay and verified it.
Just got my card few days ago. Till now everything works great. Let's see how the like transfers from exchanges.

Account ban incoming 3..2..1
Have you read their T&C?

[1713532370]

1713532370

[1713532370]

1713532370

[cyvene]

I have created an account on LeuPay and verified it.
Just got my card few days ago. Till now everything works great. Let's see how the like transfers from exchanges.

Account ban incoming 3..2..1
Have you read their T&C?

What do you mean by this? I've transferred a lot to and from Bitstamp for the past couple of months and encountered no problem whatsoever. Haven't used it for other exchanges though so please share your experience.

[deep_thought]

I have created an account on LeuPay and verified it.
Just got my card few days ago. Till now everything works great. Let's see how the like transfers from exchanges.

Account ban incoming 3..2..1
Have you read their T&C?

What do you mean by this? I've transferred a lot to and from Bitstamp for the past couple of months and encountered no problem whatsoever. Haven't used it for other exchanges though so please share your experience.

There were some mentions in the past, that leupay blocked some accounts due to transfers from/to cryptocurrency exchanges.
According to them "this was against their policy" and thus a reason to terminate the accounts.
But i havent found any official claim in their TOS about cryptocurrencies.
Also many users been using leupay for a while without any problem, so i think you ll be fine.

[cyvene]

I have created an account on LeuPay and verified it.
Just got my card few days ago. Till now everything works great. Let's see how the like transfers from exchanges.

Account ban incoming 3..2..1
Have you read their T&C?

What do you mean by this? I've transferred a lot to and from Bitstamp for the past couple of months and encountered no problem whatsoever. Haven't used it for other exchanges though so please share your experience.

There were some mentions in the past, that leupay blocked some accounts due to transfers from/to cryptocurrency exchanges.
According to them "this was against their policy" and thus a reason to terminate the accounts.
But i havent found any official claim in their TOS about cryptocurrencies.
Also many users been using leupay for a while without any problem, so i think you ll be fine.

I've only found one thread that had that sort of result : https://bitcointalk.org/index.php?topic=1810594.0 . It seems that even if they closed the account, they have a good will to return the fund. I'm still on the basic 30K monthly limit but just recently asked for an increase. Let's see if this may result in account closure since if they checked the history, it is blatantly obvious that most fund goes to Bitstamp.

[edgar]

Nice list but an ever-changing scene.

[totom]

Is there a risk that these service providers will follow CRS and report account balances back to our tax agencies? I am looking for a EUR card that I can use for normal living expenses. I would prefer not to be charged with tax evasion 

[Anarchist]

Is there a risk that these service providers will follow CRS and report account balances back to our tax agencies? I am looking for a EUR card that I can use for normal living expenses. I would prefer not to be charged with tax evasion 

No, because legally they are not considered as a bank but rather as a payment system (similar to Paypal)

[LeGaulois]

Is there a risk that these service providers will follow CRS and report account balances back to our tax agencies? I am looking for a EUR card that I can use for normal living expenses. I would prefer not to be charged with tax evasion 

No, because legally they are not considered as a bank but rather as a payment system (similar to Paypal)

Yep, they aren't considered as a bank so the companies don't report anything to the tax agencies, however, if an institution from the government (such as police, tax agency, justice court, and similar) ask to the companies to provide a report needed for their investigations, they will give everything without a question

[totom]

Is there a risk that these service providers will follow CRS and report account balances back to our tax agencies? I am looking for a EUR card that I can use for normal living expenses. I would prefer not to be charged with tax evasion 

No, because legally they are not considered as a bank but rather as a payment system (similar to Paypal)

Yep, they aren't considered as a bank so the companies don't report anything to the tax agencies, however, if an institution from the government (such as police, tax agency, justice court, and similar) ask to the companies to provide a report needed for their investigations, they will give everything without a question

Thanks for the replies. So even N26, Bunq, Mistertango etc. are not legally considered as banks? If they don't report anything then the government institutions shouldn't even know to ask for information from them 

[LTU_btc]

Is there a risk that these service providers will follow CRS and report account balances back to our tax agencies? I am looking for a EUR card that I can use for normal living expenses. I would prefer not to be charged with tax evasion 

No, because legally they are not considered as a bank but rather as a payment system (similar to Paypal)

Yep, they aren't considered as a bank so the companies don't report anything to the tax agencies, however, if an institution from the government (such as police, tax agency, justice court, and similar) ask to the companies to provide a report needed for their investigations, they will give everything without a question

Thanks for the replies. So even N26, Bunq, Mistertango etc. are not legally considered as banks? If they don't report anything then the government institutions shouldn't even know to ask for information from them 

Don't know how about others, but Mistertango have electronic money institution license issued by central bank of Lithuania
https://www.lb.lt/en/frd/view_license?id=412
But it's not a full bank. I'm not sure, they report to government institutions or not, but if they will get request to do that - they will provide all information about you that they have.

[BTC-exchange.com]

Don't know how about others, but Mistertango have electronic money institution license issued by central bank of Lithuania
https://www.lb.lt/en/frd/view_license?id=412
But it's not a full bank. I'm not sure, they report to government institutions or not, but if they will get request to do that - they will provide all information about you that they have.

I'd say EMI is even better than bank, 'cause EMI's licence does not let you lend the money. So, all the money people deposit to their Mistertango account is always there and is supervised by the Bank of Lithuania.

[LeGaulois]

Is there a risk that these service providers will follow CRS and report account balances back to our tax agencies? I am looking for a EUR card that I can use for normal living expenses. I would prefer not to be charged with tax evasion 

No, because legally they are not considered as a bank but rather as a payment system (similar to Paypal)

Yep, they aren't considered as a bank so the companies don't report anything to the tax agencies, however, if an institution from the government (such as police, tax agency, justice court, and similar) ask to the companies to provide a report needed for their investigations, they will give everything without a question

Thanks for the replies. So even N26, Bunq, Mistertango etc. are not legally considered as banks? If they don't report anything then the government institutions shouldn't even know to ask for information from them 

You're welcome.
N26 and Bunq are a pure bank now. Bunq got its banking license with the Dutch Central Bank 2-3 years ago and N26 got it from BaFin during 2016. It was the reason they changed the name to N26 Bank.
Mistertango isn't considered as a bank but as an electronic payment company supervised by the Bank of Lithuania. So they don't a banking license but another one 

[alani123]

Is there a risk that these service providers will follow CRS and report account balances back to our tax agencies? I am looking for a EUR card that I can use for normal living expenses. I would prefer not to be charged with tax evasion 

All banks share information.

http://www.oecd.org/tax/transparency/automatic-exchange-of-information

Seriously, better keep away of non-cash fiat of you want to avoid such a thing... Bitcoin is a good alternative I would say...

[devalmon]

hey guys,can you help me? i will work with belgium company like a freelancer,and they want only IBAN belgium like "BE***-****..." for pay...im not a resident of belgium and cant open bank account in belgium,does someone know how can i get this IBAN? only belgium((

[brobbel]

hey guys,can you help me? i will work with belgium company like a freelancer,and they want only IBAN belgium like "BE***-****..." for pay...im not a resident of belgium and cant open bank account in belgium,does someone know how can i get this IBAN? only belgium((

Belgium is very strict, so I don't think you will be able to do this.

[bitbunnny]

Is there a risk that these service providers will follow CRS and report account balances back to our tax agencies? I am looking for a EUR card that I can use for normal living expenses. I would prefer not to be charged with tax evasion 

All banks share information.

http://www.oecd.org/tax/transparency/automatic-exchange-of-information

Seriously, better keep away of non-cash fiat of you want to avoid such a thing... Bitcoin is a good alternative I would say...

But not all banks are connected. Within some countries yes, but on the general level no and something like this is impossibe to establish.
Also they don't exchange information without reason and automaticly so I think such fear have no ground
But I agree that Bitcoin is solution, although not perfect, if you want to completely avoid personal data exposure. But even with Bitcoin your data and transactions are not completely anonimous, don't forget that.

[HostFat]

I've added
- https://moneypolo.com (United Kingdom)

[f3tus]

I've added
- https://moneypolo.com (United Kingdom)

Ah, so both OKPAY and MoneyPolo now give IBANs belonging to MAYZUS Financial Services Ltd. Does MAYZUS have any other similar services/websites?

[devalmon]

hey guys,can you help me? i will work with belgium company like a freelancer,and they want only IBAN belgium like "BE***-****..." for pay...im not a resident of belgium and cant open bank account in belgium,does someone know how can i get this IBAN? only belgium((

Belgium is very strict, so I don't think you will be able to do this.

i've think maybe these bank accounts gives belgium IBAN..so pity ...thanks a lot for answer

[alani123]

Has anyone here tried to open an account on bil.com? They seem to be accepting application however mine was rejected without them telling me the reason. It seems to have a nice design and services however. The application form is hard to go through though.