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Topic: [LIST] Free EU bank accounts that you can be opened directly online - page 37. (Read 64736 times)

copper member
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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
staff
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@HI-TEC99
I've added this info.
legendary
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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/

Quote
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.
staff
Activity: 4256
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I support freedom of choice
Update about Revolut

Now they are giving a personal UK account.
staff
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I support freedom of choice
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.
hero member
Activity: 756
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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?
legendary
Activity: 2772
Merit: 2846
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/

Quote
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
staff
Activity: 4256
Merit: 1208
I support freedom of choice
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?
copper member
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Good. Anyway this isn't free, it costs 29.90 eur every year.

https://www.sogexia.com  Personal IBAN GB
I'm asking them some other informations ...

Yeah but the card is free, unlike others where it has a cost

Could you possibly add some information on the safety and soundness of these banks? In the US, banks are insured by the FDIC (up to $250,000), which is backed by the US government and depositors rarely lose money due to bank failures, however I understand this not to be the case with some banks in the EU(?).

Some of them, i didn't checked all but Sogexia is an exemple. They are not considered as a bank and don't have any banking licence.They are in partnership with banks (BNP Paribas for exemple about Sogexia). They use escrow services  let's say  Grin... So in case the company goes bankrupt the funds are still protected by the banks, and will be released to the customers. And in case the bank fail, you know, the gov cover the lost...
By not having a banking licence it is also a good point for us. Less power for the gov on our money. Some of us use those as bank only for this advantage
legendary
Activity: 2772
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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/
staff
Activity: 4256
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I support freedom of choice
No, the main goal of this list is finding bank services that are monthly/annually free and that can be opened completely online.

Finding more detailed information is something that every user must do on their own.

Anyway, if someone finds something useful and want to share it with the community, I'll probably add it to the list.
copper member
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Do you have any information about any of the banks' capital in relation to their total deposits and total assets? Or do you know if this information is fairly easily obtainable from a reliable source somewhere?
staff
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The only one insured is N26 (currently) for 100000 eur per account.
copper member
Activity: 2996
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Could you possibly add some information on the safety and soundness of these banks? In the US, banks are insured by the FDIC (up to $250,000), which is backed by the US government and depositors rarely lose money due to bank failures, however I understand this not to be the case with some banks in the EU(?).
staff
Activity: 4256
Merit: 1208
I support freedom of choice
Good. Anyway this isn't free, it costs 29.90 eur every year.

https://www.sogexia.com  Personal IBAN GB
I'm asking them some other informations ...
legendary
Activity: 3220
Merit: 1374
Slava Ukraini!
As a user of Paysera I want to add some information. They have list of restricted countries (I think other banks also have) which include Iraq, Cuba, Libya, Liberia, North Korea, Myanmar, Syria, Sudan, Zimbabwe. Other countries marked with * applies with strict identifications and monitoring of business relationships: https://www.paysera.com/v2/en/faq/where-paysera-works
And be careful why using it with bitcoin related transactions, especially if your country marked with *.
From personal experience, I'm using Paysera for almost year and I'm happy with their service.
staff
Activity: 4256
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Yes, it is now possible to open accounts on N26 and Revolut is going to give a full personal IBAN (not shared as now) in the coming days.
copper member
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N26 reopened the registrations ? Because some months ago they closed any new sign up due to too much people
Revolut doesn't let you receive money from a bank account not in your name, it's stopped me to use.
Thanks for the list btw, specially for those with a perso. IBAN

http://veritascard.com/ Perso. IBAN
hero member
Activity: 742
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staff
Activity: 4256
Merit: 1208
I support freedom of choice
Send a SEPA transfer to Kraken, Therocktrading, Bitstamp or any other exchange that support SEPA transfer.
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