[LIST] Free EU bank accounts that you can be opened directly online - page 16.

sampam

jr. member

Activity: 70

Merit: 2

Quote from: Samarkand on August 06, 2018, 06:49:57 AM

Quote from: LTU_btc on August 05, 2018, 06:29:41 PM

.... But there are few disadvantages - if you want to enable crypto deposits/withdrawals you need to use paid membership which costs €4 or €5,
can't remember exactly. And also there is 0.0025 BTC deposit/withdraw fee. If you have more questions feel free to ask.

If you intend to make transfers to cryptocurrency exchanges, you need to use the Personal+ membership, which costs
4.99 € per month. Regarding the BTC transaction fee I can´t believe that MisterTango haven´t lowered it
to a more reasonable level. I understand that they had to implement this fee when the transaction fees
skyrocketed at the end of 2017, but they should have lowered it as soon as high transaction fees stopped
to be a problem.

Quote from: sampam on August 06, 2018, 02:50:05 AM

...So the mastercard is free for EU based customers and charged for others ...

While the card has no yearly fee, there are various other fees that you should be aware of.
E.g. they charge a 2.49 % fee for ATM withdrawals (e.g. if you withdraw 1000 € you pay
24.90 € in fees!). If you make ATM withdrawals on a regular basis, you will pay a ton in
these withdrawal fees and a yearly service fee could have been much cheaper.

(ATM withdrawals are actually free if you withdraw less than 200 € a month, but
obviously this limit should be too low for most people)

Do you have any better suggestions that would work in this context then?

sampam

jr. member

Activity: 70

Merit: 2

Quote from: LTU_btc on August 06, 2018, 05:45:39 AM

Quote from: sampam on August 06, 2018, 02:50:05 AM

Quote from: LTU_btc on August 05, 2018, 06:29:41 PM

Quote from: sampam on August 05, 2018, 03:36:41 PM

Any options?

For a bit Bunq looked good but apparently you need to be a EU tax resident and they'll want proof of this, which I am not, to apply. N26 looked good and can open with a mailing address but apparently not crypto friendly anymore/wont work with kraken. Monese now apparently closes accounts. MisterTango still ok?

Ideally, would prefer licensed banks and then followed by the most reputable EMI's around that work with Kraken.

I can get an EU mailing address (no EU proof and no EU tax residency).

I will not be doing localbitcoins or tons of small trades. It will be a few here and there and no single transaction over 10k.

Mistertango is still crypto friendly bank, you can try them. It's licensed electronical money institution, their license was issued by Central Bank of Lithuania.
EU based customers can get free MasterCard from this bank. But there are few disadvantages - if you want to enable crypto deposits/withdrawals you need to use paid membership which costs €4 or €5, can't remember exactly. And also there is 0.0025 BTC deposit/withdraw fee. If you have more questions feel free to ask.

Technically they aren't a bank right? More an EMI and no money protection.

I don't really care about a 'small' fee. So the mastercard is free for EU based customers and charged for others or is not available to others (if its not available would a mailing address solve that?) ?

Have you tried BUNQ yourself? Do they really ask for EU tax residency proof (be it EU tax id or some kind of EU ID proof or something)?

It's EMI. I'm not sure about money protection.
Currently their card available only for EU customers. I don't think that mailing address can solve that because you have to pass KYC on Mistertango.
No, I haven't tried BUNQ.
Maybe you also can take a look at N26 or Revolut?

Why is it only available to EU? Does their KYC ask for EU ID or EU tax ID or something to someone confirm your status?

Heard good things about Bunq. They were NL only and more recently all of EU. Wonder when others can join too....

N26 sounds good and something I was going to sign up for but they do not appear to be cryptofriendly recently and closing accounts? Weird for a german bank.

Samarkand

sr. member

Activity: 658

Merit: 282

Quote from: LTU_btc on August 05, 2018, 06:29:41 PM

.... But there are few disadvantages - if you want to enable crypto deposits/withdrawals you need to use paid membership which costs €4 or €5,
can't remember exactly. And also there is 0.0025 BTC deposit/withdraw fee. If you have more questions feel free to ask.

If you intend to make transfers to cryptocurrency exchanges, you need to use the Personal+ membership, which costs
4.99 € per month. Regarding the BTC transaction fee I can´t believe that MisterTango haven´t lowered it
to a more reasonable level. I understand that they had to implement this fee when the transaction fees
skyrocketed at the end of 2017, but they should have lowered it as soon as high transaction fees stopped
to be a problem.

Quote from: sampam on August 06, 2018, 02:50:05 AM

...So the mastercard is free for EU based customers and charged for others ...

While the card has no yearly fee, there are various other fees that you should be aware of.
E.g. they charge a 2.49 % fee for ATM withdrawals (e.g. if you withdraw 1000 € you pay
24.90 € in fees!). If you make ATM withdrawals on a regular basis, you will pay a ton in
these withdrawal fees and a yearly service fee could have been much cheaper.

(ATM withdrawals are actually free if you withdraw less than 200 € a month, but
obviously this limit should be too low for most people)

LTU_btc

legendary

Activity: 3262

Merit: 1376

Slava Ukraini!

Quote from: sampam on August 06, 2018, 02:50:05 AM

Quote from: LTU_btc on August 05, 2018, 06:29:41 PM

Quote from: sampam on August 05, 2018, 03:36:41 PM

Any options?

For a bit Bunq looked good but apparently you need to be a EU tax resident and they'll want proof of this, which I am not, to apply. N26 looked good and can open with a mailing address but apparently not crypto friendly anymore/wont work with kraken. Monese now apparently closes accounts. MisterTango still ok?

Ideally, would prefer licensed banks and then followed by the most reputable EMI's around that work with Kraken.

I can get an EU mailing address (no EU proof and no EU tax residency).

I will not be doing localbitcoins or tons of small trades. It will be a few here and there and no single transaction over 10k.

Mistertango is still crypto friendly bank, you can try them. It's licensed electronical money institution, their license was issued by Central Bank of Lithuania.
EU based customers can get free MasterCard from this bank. But there are few disadvantages - if you want to enable crypto deposits/withdrawals you need to use paid membership which costs €4 or €5, can't remember exactly. And also there is 0.0025 BTC deposit/withdraw fee. If you have more questions feel free to ask.

Technically they aren't a bank right? More an EMI and no money protection.

I don't really care about a 'small' fee. So the mastercard is free for EU based customers and charged for others or is not available to others (if its not available would a mailing address solve that?) ?

Have you tried BUNQ yourself? Do they really ask for EU tax residency proof (be it EU tax id or some kind of EU ID proof or something)?

It's EMI. I'm not sure about money protection.
Currently their card available only for EU customers. I don't think that mailing address can solve that because you have to pass KYC on Mistertango.
No, I haven't tried BUNQ.
Maybe you also can take a look at N26 or Revolut?

sampam

jr. member

Activity: 70

Merit: 2

Quote from: LTU_btc on August 05, 2018, 06:29:41 PM

Quote from: sampam on August 05, 2018, 03:36:41 PM

Any options?

For a bit Bunq looked good but apparently you need to be a EU tax resident and they'll want proof of this, which I am not, to apply. N26 looked good and can open with a mailing address but apparently not crypto friendly anymore/wont work with kraken. Monese now apparently closes accounts. MisterTango still ok?

Ideally, would prefer licensed banks and then followed by the most reputable EMI's around that work with Kraken.

I can get an EU mailing address (no EU proof and no EU tax residency).

I will not be doing localbitcoins or tons of small trades. It will be a few here and there and no single transaction over 10k.

Mistertango is still crypto friendly bank, you can try them. It's licensed electronical money institution, their license was issued by Central Bank of Lithuania.
EU based customers can get free MasterCard from this bank. But there are few disadvantages - if you want to enable crypto deposits/withdrawals you need to use paid membership which costs €4 or €5, can't remember exactly. And also there is 0.0025 BTC deposit/withdraw fee. If you have more questions feel free to ask.

Technically they aren't a bank right? More an EMI and no money protection.

I don't really care about a 'small' fee. So the mastercard is free for EU based customers and charged for others or is not available to others (if its not available would a mailing address solve that?) ?

Have you tried BUNQ yourself? Do they really ask for EU tax residency proof (be it EU tax id or some kind of EU ID proof or something)?

LTU_btc

legendary

Activity: 3262

Merit: 1376

Slava Ukraini!

Quote from: sampam on August 05, 2018, 03:36:41 PM

Any options?

For a bit Bunq looked good but apparently you need to be a EU tax resident and they'll want proof of this, which I am not, to apply. N26 looked good and can open with a mailing address but apparently not crypto friendly anymore/wont work with kraken. Monese now apparently closes accounts. MisterTango still ok?

Ideally, would prefer licensed banks and then followed by the most reputable EMI's around that work with Kraken.

I can get an EU mailing address (no EU proof and no EU tax residency).

I will not be doing localbitcoins or tons of small trades. It will be a few here and there and no single transaction over 10k.

Mistertango is still crypto friendly bank, you can try them. It's licensed electronical money institution, their license was issued by Central Bank of Lithuania.
EU based customers can get free MasterCard from this bank. But there are few disadvantages - if you want to enable crypto deposits/withdrawals you need to use paid membership which costs €4 or €5, can't remember exactly. And also there is 0.0025 BTC deposit/withdraw fee. If you have more questions feel free to ask.

sampam

jr. member

Activity: 70

Merit: 2

Any options?

For a bit Bunq looked good but apparently you need to be a EU tax resident and they'll want proof of this, which I am not, to apply. N26 looked good and can open with a mailing address but apparently not crypto friendly anymore/wont work with kraken. Monese now apparently closes accounts. MisterTango still ok?

Ideally, would prefer licensed banks and then followed by the most reputable EMI's around that work with Kraken.

I can get an EU mailing address (no EU proof and no EU tax residency).

I will not be doing localbitcoins or tons of small trades. It will be a few here and there and no single transaction over 10k.

sampam

jr. member

Activity: 70

Merit: 2

Quote from: Relictus on August 05, 2018, 02:14:46 PM

Quote from: sampam on August 05, 2018, 10:22:23 AM

Quote from: LeGaulois on August 05, 2018, 04:30:08 AM

Quote from: sampam on August 05, 2018, 02:01:41 AM

Quote from: LeGaulois on August 04, 2018, 12:49:11 PM

I suppose that the registration is reserved for German citizens because the site is in German only. If this were the case, the site would be available in several languages. I know that for the English subsidiary (fidorbank.uk) they only accept the citizens from the United Kingdom, so another reason to think that they only accept Germans.

If that is the case, and it appears from their forums that it might be too, then what options work or are available?

Bittrex has recently also come on board with fiat withdrawals but I can't find what their minimum is? Bitfinex is $10,000.....Usually the number required or already above it for the transaction to get flagged and more paperwork/answers needed by your bank...

Since I don't know what you are looking I can't say what options work or not. Are you sure Bitfinex is $10,000? Because using a "," in English mean ten thousand.
I am using Kraken to withdraw fiat to bank it works perfectly if I make a request before 11.00 am I get it the same day at 7.00pm.
With Bittrex you need to first submit a ticket and ask request your account to be added to the USD markets, then you need to get your bank account approved. So maybe you will see the minimum once your account is eligible?

I am looking for EU options that almost anyone can open that will work with Kraken. As you would know, Kraken USD withdrawal has been down for months now and they still working on it. Meantime, their EU withdrawal is active and fine. So would be nice if can find an EU option that works for Kraken EU withdrawals/deposits that I could open as non-eu resident. Eg was looking at N26 since it does not require an ID card for DE/EU anyone can open so long as they have mailing address in EU and provide passport ID.

Yeah Bitfinex is $10,000USD ie 10k. Checked yesterday and was surprising. Bittrex I do not know but had been 'selected' to apply for it but can't find what the minimum limit is and they are asking piles of questions lol.

Moneypolo should work for you. They do have an overreaching aml/kyc demands, though.

They don't inspire confidence.....Their google reviews, the 100k scam on here and their poor looking website...

Relictus

member

Activity: 91

Merit: 10

Quote from: sampam on August 05, 2018, 10:22:23 AM

Quote from: LeGaulois on August 05, 2018, 04:30:08 AM

Quote from: sampam on August 05, 2018, 02:01:41 AM

Quote from: LeGaulois on August 04, 2018, 12:49:11 PM

I suppose that the registration is reserved for German citizens because the site is in German only. If this were the case, the site would be available in several languages. I know that for the English subsidiary (fidorbank.uk) they only accept the citizens from the United Kingdom, so another reason to think that they only accept Germans.

If that is the case, and it appears from their forums that it might be too, then what options work or are available?

Bittrex has recently also come on board with fiat withdrawals but I can't find what their minimum is? Bitfinex is $10,000.....Usually the number required or already above it for the transaction to get flagged and more paperwork/answers needed by your bank...

Since I don't know what you are looking I can't say what options work or not. Are you sure Bitfinex is $10,000? Because using a "," in English mean ten thousand.
I am using Kraken to withdraw fiat to bank it works perfectly if I make a request before 11.00 am I get it the same day at 7.00pm.
With Bittrex you need to first submit a ticket and ask request your account to be added to the USD markets, then you need to get your bank account approved. So maybe you will see the minimum once your account is eligible?

I am looking for EU options that almost anyone can open that will work with Kraken. As you would know, Kraken USD withdrawal has been down for months now and they still working on it. Meantime, their EU withdrawal is active and fine. So would be nice if can find an EU option that works for Kraken EU withdrawals/deposits that I could open as non-eu resident. Eg was looking at N26 since it does not require an ID card for DE/EU anyone can open so long as they have mailing address in EU and provide passport ID.

Yeah Bitfinex is $10,000USD ie 10k. Checked yesterday and was surprising. Bittrex I do not know but had been 'selected' to apply for it but can't find what the minimum limit is and they are asking piles of questions lol.

Moneypolo should work for you. They do have an overreaching aml/kyc demands, though.

sampam

jr. member

Activity: 70

Merit: 2

Quote from: LeGaulois on August 05, 2018, 04:30:08 AM

Quote from: sampam on August 05, 2018, 02:01:41 AM

Quote from: LeGaulois on August 04, 2018, 12:49:11 PM

I suppose that the registration is reserved for German citizens because the site is in German only. If this were the case, the site would be available in several languages. I know that for the English subsidiary (fidorbank.uk) they only accept the citizens from the United Kingdom, so another reason to think that they only accept Germans.

If that is the case, and it appears from their forums that it might be too, then what options work or are available?

Bittrex has recently also come on board with fiat withdrawals but I can't find what their minimum is? Bitfinex is $10,000.....Usually the number required or already above it for the transaction to get flagged and more paperwork/answers needed by your bank...

Since I don't know what you are looking I can't say what options work or not. Are you sure Bitfinex is $10,000? Because using a "," in English mean ten thousand.
I am using Kraken to withdraw fiat to bank it works perfectly if I make a request before 11.00 am I get it the same day at 7.00pm.
With Bittrex you need to first submit a ticket and ask request your account to be added to the USD markets, then you need to get your bank account approved. So maybe you will see the minimum once your account is eligible?

I am looking for EU options that almost anyone can open that will work with Kraken. As you would know, Kraken USD withdrawal has been down for months now and they still working on it. Meantime, their EU withdrawal is active and fine. So would be nice if can find an EU option that works for Kraken EU withdrawals/deposits that I could open as non-eu resident. Eg was looking at N26 since it does not require an ID card for DE/EU anyone can open so long as they have mailing address in EU and provide passport ID.

Yeah Bitfinex is $10,000USD ie 10k. Checked yesterday and was surprising. Bittrex I do not know but had been 'selected' to apply for it but can't find what the minimum limit is and they are asking piles of questions lol.

LeGaulois

copper member

Activity: 2940

Merit: 4101

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Quote from: sampam on August 05, 2018, 02:01:41 AM

Quote from: LeGaulois on August 04, 2018, 12:49:11 PM

I suppose that the registration is reserved for German citizens because the site is in German only. If this were the case, the site would be available in several languages. I know that for the English subsidiary (fidorbank.uk) they only accept the citizens from the United Kingdom, so another reason to think that they only accept Germans.

If that is the case, and it appears from their forums that it might be too, then what options work or are available?

Bittrex has recently also come on board with fiat withdrawals but I can't find what their minimum is? Bitfinex is $10,000.....Usually the number required or already above it for the transaction to get flagged and more paperwork/answers needed by your bank...

Since I don't know what you are looking I can't say what options work or not. Are you sure Bitfinex is $10,000? Because using a "," in English mean ten thousand.
I am using Kraken to withdraw fiat to bank it works perfectly if I make a request before 11.00 am I get it the same day at 7.00pm.
With Bittrex you need to first submit a ticket and ask request your account to be added to the USD markets, then you need to get your bank account approved. So maybe you will see the minimum once your account is eligible?

sampam

jr. member

Activity: 70

Merit: 2

Quote from: LeGaulois on August 04, 2018, 12:49:11 PM

I suppose that the registration is reserved for German citizens because the site is in German only. If this were the case, the site would be available in several languages. I know that for the English subsidiary (fidorbank.uk) they only accept the citizens from the United Kingdom, so another reason to think that they only accept Germans.

If that is the case, and it appears from their forums that it might be too, then what options work or are available?

Bittrex has recently also come on board with fiat withdrawals but I can't find what their minimum is? Bitfinex is $10,000.....Usually the number required or already above it for the transaction to get flagged and more paperwork/answers needed by your bank...

LeGaulois

copper member

Activity: 2940

Merit: 4101

Top Crypto Casino

I suppose that the registration is reserved for German citizens because the site is in German only. If this were the case, the site would be available in several languages. I know that for the English subsidiary (fidorbank.uk) they only accept the citizens from the United Kingdom, so another reason to think that they only accept Germans.

sampam

jr. member

Activity: 70

Merit: 2

Does fidor.de Germany open accounts for overseas addresses? Or is it only available for German addresses?

On first glance, it appears to be for Germans only. But, on further inspection appears as though they accept phone numbers from anywhere and they have the videoident system? That might mean anyone can apply? But then do they need a German Address or would overseas addresses suffice and would they then ask proof of this address eg utility bill?

SnowAugustine

jr. member

Activity: 140

Merit: 5

Quote from: Vanquish_PT on July 23, 2018, 04:11:49 AM

Quote from: LeGaulois on July 22, 2018, 02:21:00 PM

Notice the 👍 they added in the message? Cheesy

Sorry but it's funny, locking account and message the customer with 👍
I think generally speaking most of the neobank are not so friendly when you have transactions related with anything from cryptos.
By the way, did you tried N26?

Yes, they are very funny Grin

They have all this positive vibe, "Look at us, we're not a regular bank! We don't wear suits and we embrace crypto, bla bla bla..."

Fuck you! You're exactly like any other bank you phony fucks!

Quote from: LeGaulois on July 22, 2018, 02:21:00 PM

By the way, did you tried N26?

Yes, they blocked me when I tried to transfer from Kraken.

And I wasn't the only one.

Quote from: Vanquish_PT on January 24, 2018, 10:40:04 AM

My experience with this list as a localbitcoins trader.

I sell and buy btc with SEPA transfers. Because I receive from many people and send to many other people banks don't like this pattern and as you know it's impossible to reason with them. They act like fucking robots.

- N26: Used only once for localbitcoins. Blocked when transfering from kraken

- Revolut: Used them for some time. Was able to receive about €20k. Blocked

- Mistertango: https://bitcointalksearch.org/topic/m.28844528 Blocked

- Leupay: Already received 17k and stopped. Only large transfers so less sender. Still working

- Paysera: Low activity so far. Still working

Quote from: hgerson on November 30, 2017, 04:53:59 PM

Apparently N26 is shutting me down because I requested a transfer from kraken.

My conclusion is that you can't use any of these banks to do any kind of trade.

In fact I can't understand what you can use these accounts for since some of them blocked me for sending like 10 outgoing transfers. But I suspect I'm burned and all banks are now sharing information.

I have come to the conclusion that the only way way to go is to open offshore bank accounts to continue my activity.

Thanks for the update. I was about to go and try to open up accounts with whoever would let me but it seems like they're not that reliable. And besides, the EU has tax agreements with nearly every country so they'd be reporting your transfers right back home anyway, so it kind of defeats the purpose (other than free SEPA transfers, but then you'd have to pay to get it out of the EU anyway if you don't live around there)

Can you share some info on offshore accounts? What is involved in opening one of those? Thanks

DevilOper

member

Activity: 280

Merit: 26

Quote from: LeGaulois on July 24, 2018, 12:29:34 PM

Look like N26 has a double standard.

I told they are nazis. They segregate people based on their nationality, not residency, despite of the statement on their site.
(I am far from telling every German is nazi but they definitely are.)

LeGaulois

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LOL, it remembers me Transferwise. After reading a post from HostFat on this topic saying he tried with a Bitcoin exchange, I went to their website to check the FAQ. It was clearly saying they don't allow transfers related to Bitcoin. So I asked in their chat to be sure, thinking their FAQ is outdated. The lady confirmed it's possible when I pointed her to the FAQ, she told she will ask tomorrow to her superior to be sure. The next day she finally told me we can't.

hgerson

full member

Activity: 253

Merit: 100

Quote from: LeGaulois on July 24, 2018, 12:29:34 PM

I see... Look like N26 has a double standard. Because not long ago I was telling to someone that N26 is dead to use for transactions related to cryptos. And one guy told me he is doing fine, using it regularly with exchange platforms, etc...
Noy worth the risk to me, I will stick to the old school or maybe give a try to ViaBuy, Despite some complaints on TrustPilot it seems to work correctly, it's just that people don't read the fees page

They have double or triple standards or whatever.

When they blocked me I contacted them on chat and they told me they allowed transfers from exchanges but he couldn't tell me why my account had been locked.

They don't know what they're doing.

hgerson

full member

Activity: 253

Merit: 100

Quote from: freespirit on July 24, 2018, 04:17:36 AM

Bunq people are pretty reasonable. They want to see some "normal" usage of your account. (payments with their debit card, direct debits, SEPA payments with clear description of purpose etc) If you still have access to the app, try talking to their support and ask them to give you another chance, if that's what you are willing to do - i.e. perform more of activities with your account in the future that they want to see.

LOL

It's us providing a service to the bank, or the bank providing a service to its customers?

I don't want the bank to like me and my activities to let me be their customer.

What is this? The kindergarten? Please be my friend or I'll cry. Cheesy

LeGaulois

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Activity: 2940

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Quote from: Vanquish_PT on July 23, 2018, 04:11:49 AM

Quote from: LeGaulois on July 22, 2018, 02:21:00 PM

Notice the 👍 they added in the message? Cheesy

Sorry but it's funny, locking account and message the customer with 👍
I think generally speaking most of the neobank are not so friendly when you have transactions related with anything from cryptos.
By the way, did you tried N26?

Yes, they are very funny Grin

They have all this positive vibe, "Look at us, we're not a regular bank! We don't wear suits and we embrace crypto, bla bla bla..."

Fuck you! You're exactly like any other bank you phony fucks!

Quote from: LeGaulois on July 22, 2018, 02:21:00 PM

By the way, did you tried N26?

Yes, they blocked me when I tried to transfer from Kraken.

And I wasn't the only one.

Quote from: Vanquish_PT on January 24, 2018, 10:40:04 AM

My experience with this list as a localbitcoins trader.

I sell and buy btc with SEPA transfers. Because I receive from many people and send to many other people banks don't like this pattern and as you know it's impossible to reason with them. They act like fucking robots.

- N26: Used only once for localbitcoins. Blocked when transfering from kraken

- Revolut: Used them for some time. Was able to receive about €20k. Blocked

- Mistertango: https://bitcointalksearch.org/topic/m.28844528 Blocked

- Leupay: Already received 17k and stopped. Only large transfers so less sender. Still working

- Paysera: Low activity so far. Still working

Quote from: hgerson on November 30, 2017, 04:53:59 PM

Apparently N26 is shutting me down because I requested a transfer from kraken.

My conclusion is that you can't use any of these banks to do any kind of trade.

In fact I can't understand what you can use these accounts for since some of them blocked me for sending like 10 outgoing transfers. But I suspect I'm burned and all banks are now sharing information.

I have come to the conclusion that the only way way to go is to open offshore bank accounts to continue my activity.

I see... Look like N26 has a double standard. Because not long ago I was telling to someone that N26 is dead to use for transactions related to cryptos. And one guy told me he is doing fine, using it regularly with exchange platforms, etc...
Noy worth the risk to me, I will stick to the old school or maybe give a try to ViaBuy, Despite some complaints on TrustPilot it seems to work correctly, it's just that people don't read the fees page

Topic: [LIST] Free EU bank accounts that you can be opened directly online - page 16. (Read 64823 times)