Which bank in Europe accept cryptocurrency and want to work with crypto

NeuroticFish

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Quote from: bitart on November 28, 2021, 05:35:39 PM

If someone needs a bank account only, Revolut is fine.
But I'm also 100% sure that they will go thru the KYC and AML checks for the customers.

From what I know, if the account is on the same name (i.e. yours) on Revolut and Bitstamp, you can withdraw fiat from selling crypto. I don't know though whether there are any limitations.
And while Revolut is not a bank, indeed, they use banks' services and offer account number, maybe numbers - which may be even from different banks, one for EUR and one for local currency.

Danydee

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Quote from: bitart on November 28, 2021, 05:35:39 PM

Quote from: Danydee on November 08, 2021, 07:53:26 AM

You can see for the banks N26, Revolut, Kraken .... (European based) services are dealing with !
Such services that eu based and provide users with eu bank accounts

Revolut has started to let people withdraw and send in BTC directly but only for the UK customers.
They think about widening the list of the countries in the EU, but it need time and some feedback from the UK market.
But this is only valid for direct transfer of BTC to and from Revolut.
If someone needs a bank account only, Revolut is fine.
But I'm also 100% sure that they will go thru the KYC and AML checks for the customers.

What i wanted to point to, is the banks (Banking institutions) the services such Revolut are contracting with to provide the banking services to their customers.

For Revolut (I don't know if it's still there, as I think it has moved to a bank on estonia or something else) is (or was) partnered with " Metropolitan commercial Bank ", ..

bitart

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Quote from: Danydee on November 08, 2021, 07:53:26 AM

You can see for the banks N26, Revolut, Kraken .... (European based) services are dealing with !
Such services that eu based and provide users with eu bank accounts

Revolut has started to let people withdraw and send in BTC directly but only for the UK customers.
They think about widening the list of the countries in the EU, but it need time and some feedback from the UK market.
But this is only valid for direct transfer of BTC to and from Revolut.
If someone needs a bank account only, Revolut is fine.
But I'm also 100% sure that they will go thru the KYC and AML checks for the customers.

LTU_btc

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Quote from: LeGaulois on November 09, 2021, 09:07:52 AM

I don't think so because the website has a version in English and Kraken for example isn't located in Germany. Also, I checked their FAQ and it says nothing more than you just need to be a permanent resident in EU/EEA to open your account.
In different discussions over the years here we talked with people using Fidor while I doubt they were from Germany (a dude at least was from Italy (I think))
When @HostFat posted the list linked above, he didn't add something like "German citizens only". Like he did with some other banks/EMI

Probably you're right. I'm not using Fidor myself, so, my comment was based on one review article that I read somewhere. And seems that they had wrong information

LeGaulois

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Quote from: LTU_btc on November 08, 2021, 07:34:13 PM

@LeGaulois, I think that Fidor is available for German citizens only.

I don't think so because the website has a version in English and Kraken for example isn't located in Germany. Also, I checked their FAQ and it says nothing more than you just need to be a permanent resident in EU/EEA to open your account.
In different discussions over the years here we talked with people using Fidor while I doubt they were from Germany (a dude at least was from Italy (I think))
When @HostFat posted the list linked above, he didn't add something like "German citizens only". Like he did with some other banks/EMI

To add to my first comment about Fidor. People can buy and sell cryptocurrencies with their current account (Fidor uses Bitcoin.de as a partner).
Just showing that at least, they're not Anti-crypto

LTU_btc

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@LeGaulois, I think that Fidor is available for German citizens only. Nuri probably is good option. I would add Revolut too. But when you have crypto related business and dealing with banks, you must be transparent as much as possible.
I'm not sure why someone mentioned Kraken. They don't let you to open IBAN account.

Quote from: YinShuiSiYuan on November 08, 2021, 09:13:01 AM

I think this list can help you find out more about the crypto friendly banks market in Europe:

https://bitcointalksearch.org/topic/list-free-eu-bank-accounts-that-you-can-be-opened-directly-online-1756494

I'm not sure how up-to-date this list is, but I think it's best to verify it yourself.

This list was updated last time in May 2019, so, it was quite long time ago. During this time some of these banks may have changed their views on crypto, mainly because of regulations.

YinShuiSiYuan

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Quote from: alexanderasenov139 on November 08, 2021, 07:04:47 AM

Hello everybody,
I am working on a project hat involves cryptocurrency. I am willing to ask if you are aware the banks in which country are willing to open an IBAN account to a company connected with crypto. I am asking about countries in Europe.
Thank you
Best Regards

I think this list can help you find out more about the crypto friendly banks market in Europe:

https://bitcointalksearch.org/topic/list-free-eu-bank-accounts-that-you-can-be-opened-directly-online-1756494

I'm not sure how up-to-date this list is, but I think it's best to verify it yourself.

Danydee

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Quote from: LeGaulois on November 08, 2021, 08:16:56 AM

Kraken is a bank now? Grin

Forgive my english man Huh

Not correct, need a comma ? Huh

Quote from: Danydee on November 08, 2021, 07:53:26 AM

You can see for the banks ~~N26, Revolut, Kraken .... (European based)~~ "services" are dealing with !
Such services that eu based and provide users with eu bank accounts

LeGaulois

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Hi @alexanderasenov139

You can take a look at Fidor Bank, they have been 'crypto friendly' for years. Check the .de website and not the .uk or .com version.
Kraken (one of the biggest exchange was, and perhaps still, using it). There is also Nuri (aka Bitwala). Both are located in Germany.

Other than that, perhaps ~~Monzo~~ (only for UK IIRC, and since the Brexit...), Agribank and Bank Frick but I know only the name.

Quote from: Danydee on November 08, 2021, 07:53:26 AM

You can see for the banks N26, Revolut, Kraken .... (European based) services are dealing with !
Such services that eu based and provide users with eu bank accounts

Kraken is a bank now? Grin

Danydee

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You can see for the banks N26, Revolut, Kraken .... (European based) services are dealing with !
Such services that eu based and provide users with eu bank accounts

alexanderasenov139

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Hello everybody,
I am working on a project hat involves cryptocurrency. I am willing to ask if you are aware the banks in which country are willing to open an IBAN account to a company connected with crypto. I am asking about countries in Europe.
Thank you
Best Regards

Topic: Which bank in Europe accept cryptocurrency and want to work with crypto (Read 147 times)