N26 Bank

What is N26 Bank

N26 Bank is a digital bank. It is a German-based fintech start-up company founded in 2013 and launched as a bank in 2015. Financial institutions have no physical branches, and all transactions are conducted entirely through the Internet. It now serves 23 countries/regions, and this number continues to grow. You can open an account at N26 for free. It only takes eight minutes. In addition, N26 account holders can withdraw up to five ATMs for free in any country in the European Union (EU).

N26 how the bank works

N26 Bank is a “new bank”, so it works completely online. All banking transactions are carried out digitally through the N26 website or application. The N26 support team provides advice and assistance 24/7. They provide help in five languages: English, German, French, Italian and Spanish.

How to open a bank account N26

  • You are over 18 years old and
  • Have an address in one of the 23 countries where the bank operates.
  • In Europe, the bank is in Austria, Belgium, Denmark, Estonia, Finland, France, Germany, Greece, Iceland, Ireland, Italy, Liechtenstein, Luxembourg, Netherlands, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden, Switzerland.
  • In 2019, N26 Bank expanded its business in the United States.
  • N26 Bank operates in the UK until January 2020. However, due to Brexit, the German bank ceased operations in that jurisdiction.

notes. Unlike many banks, a monthly income certificate is not required to open an N26 account. All that is needed is proof of address and a valid passport from one of the countries mentioned above. If you are not a European or American citizen but live in Europe or the US, you also need a residence card (EU or US) valid for at least one year. https://alphacoaching.com/

Account type N26 bank

Of course, this is the most common account. Before using a more advanced paid account, it is best to try N26’s digital services. The simple account is called N26. It allows you to use your MasterCard N26 for free ATM withdrawals in any EU country. Any additional withdrawals will incur a fee of € 2 per transaction.

Another option is the N26 You account. It is ideal for those who travel regularly. It offers benefits like Alliance Shopping and Travel Insurance, as well as unlimited international withdrawals and international payments without any additional fees. The N26 fee is 90 9.90 per month to you.

In addition to all the benefits of N26 You, the N26 mineral account will give you VIP customer support and additional exclusive offers. The N26 metal fee is 16.90 per month.

In addition to these three personal accounts, Digital Bank has also created the N26 business account. As the name suggests, this is a business account. It is ideal for freelancers who want to separate their personal and business accounts. This account has a free and paid option.

What can N26 bank do for me

The bank offers N26 clients several transactions, including:

  • payments,
  • remittances,
  • Investments
  • bank card services,
  • ATM withdrawal,
  • Currency exchange services.
  • N26 MasterCard allows you to withdraw euros at any ATM in the world.
  • N26 Bank makes it possible to convert to 19 different currencies through their app. They have partnered with TransferVice to convert currencies; Therefore, you can exchange at very competitive rates.
  • Free international payments. Even better, you do not have to inform the bank in advance, the transfer is in one click.
  • Non-contact payments. Therefore, you do not have to physically swipe your card. You save your payment details in the app and make payments through the app.

Bank N26 is safe and reliable

  • N26 is a licensed bank in Germany, which guarantees up to 100,100,000 deposits under the German Deposit Protection Program.
  • Compliant with N26 SSL protocol; All bank details and user data are encrypted, data is protected,
  • The N26 website adheres to the HTTPS protocol, which provides a secure browsing experience and protects users from online threats.
  • The N26 app sends a push notification with every purchase, deposit, or withdrawal to your account so that you are aware of all the actions,
  • For online purchases, use the MasterCard security code, which allows two-factor authentication,
  • 3D secure online payments,
  • Peter Thiel supports bank N26, which is valued at $ 3.5 billion by 2021.

Related Apps: WorldRemit Wallet

Leave a Reply

Your email address will not be published.