BUNQ B.V.

bunq B.V. is a Dutch mobile bank operating under a full banking license issued by De Nederlandsche Bank and subject to European Central Bank and Dutch supervision, with eligible deposits protected up to €100,000 per person under the Dutch Deposit Guarantee Scheme. The bank focuses on app-based current and savings accounts primarily in euros for residents of the European Economic Area, with onboarding and know-your-customer checks completed digitally. Services include personal and business accounts, multiple sub-accounts/IBANs, SEPA credit transfers (including instant payments where supported), virtual and physical Mastercard debit cards, and wallet support such as Apple Pay and Google Pay. International transfers to non-SEPA destinations are available via partner arrangements; fees and exchange rates depend on the method used. Pricing follows a subscription model with several tiers that differ by features, card allowances, and usage limits, and certain activities (for example ATM withdrawals, extra cards, or specific international services) may incur additional charges. Business users can open accounts subject to standard UBO and company verification and can connect to accounting tools through the bank’s API or third-party integrations. The app provides budgeting and payment tools, shared accounts, card controls, and security features such as biometrics and configurable limits; there is no branch network, and customer support is primarily through in-app chat with limited phone options for emergencies. bunq has introduced local IBANs in selected markets, including the Netherlands, Germany, France, Spain, and Ireland, which can help reduce IBAN acceptance issues domestically. As with other regulated institutions, transactions are monitored for compliance, and accounts may be reviewed or restricted during checks. The product set is geared toward payments and savings rather than comprehensive lending, so users seeking mortgages or extensive credit products may need additional providers. Users should review the latest fee schedule, plan terms, country availability, and interest rates before opening an account.