Bank N26 is an online bank based in Germany that provides convenience for users all around the world. It’s actively being used in 23 countries. Business people and travelers have found it quite useful. Compared to its spread, N26 doesn’t have any physical buildings or branches. Users carry out their transactions fully online.
In 2013, it started to work as a startup and two years later, it became a bank. N26 offers many advantages to its users including free transactions across many currencies.
In this N26 review, you’ll find out more benefits of having an N26 account below.
Main Benefits of Holding a Bank N26 Account
- You can sign up for an N26 account for free. Furthermore, it takes only minutes to do this. Also, you don’t need to deal with paperwork for this
- N26 offers a few account types, and the Free Standard Account is completely free
- In any EU country, you can withdraw money from an ATM up to five times a month for free
- Currency conversions or international purchases do not require fees
- It offers a transparent service from the beginning to the end
- N26 account is especially useful for freelancers, travelers, and expats
- You can carry out various transactions through your N26 account. These include transfers, payments and deposits, and currency exchange
- N26 app provides transfers into 19 currencies
- It offers contactless payments. I?n this way, you can pay through the app without swiping your card.
How Does It Work?
You can conduct all actions completely online through N26. You can use the website or the app for this. You can also reach the support team 24/7. N26 services are available in the following languages: English, French, German, Italian, and Spanish.
N26 Review: How To Open an N26 Account
Note that to be able to open an N26 account:
- You need to be older than 18 years of age, and
- You need to have an address in one of the countries N26 operates. These countries are Austria, Belgium, Denmark, Estonia, Finland, France, Germany, Greece, Iceland, Ireland, Italy, Liechtenstein, Luxembourg, the Netherlands, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden, Switzerland, the USA
You may not be a European or American citizen but located in Europe or the US. In this case, you’ll also need a residence card while applying for the N26 account. The residence card must have at least one year of validity. A valid passport is also necessary.
If you’re a European citizen, only a passport is sufficient for proof of identity.
Note that both N26 France and N26 Portugal are very popular among the young generation.
N26 Review: Steps
On this section of our N26 review, you can find the steps to opening an N26 account below:
- As a first step, you can download the N26 app or go to its website. Then, click on the
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