Bunq is a virtual bank from Europe. Therefore, all you require to handle your funds carefully is your smartphone. No requirement for frequent department trips or lengthy documentation. With Bunq, you’ll almost always save effort, but it all begins with establishing a bank profile which only takes five minutes.
Here are a few easy steps you may take to use the app and quickly create a financial profile with Bunq. Let’s first discover more about the app, though.
What is Bunq?
We should begin by defining it before we can discuss all the specifics and fantastical functions that this quick banking application has to offer. The CEO, Ali Niknam, launched the company in 2015. It is fair to conclude that Bunq is already a significant company given its head office in Amsterdam and its workforce of roughly 100.
Bunq, to sum it up, is a banking tool that gives you complete authority over your finances via your cellphone. You won’t have to walk through a hundred stages and sit in a bank’s reception room for hours. Through this one, straightforward software, you can easily send money, pay bills, order cards, and much more.
Open an account
You can acquire your cards by sitting at home in addition to setting up an online profile through the program and enrolling in all the services.
neither a bother nor prolonged regulatory procedures. The tool will need some basic data at first, like your username and password and your first and last names. The next step is to accept the terms and conditions and enter contact information to which they can send a passcode.
Select a plan after installing the app to begin your free 30-day subscription. Enter the password that was sent to your device after entering your personal information. Select the account category you want to create now. Keep all of the necessary paperwork close at hand, and make sure the area is well-lit and calm. Take pictures of your document from both sides. Finally, Record a brief clip to demonstrate that you are YOU!
Eligibility
Anyone who resides in an EEA country where the app conduct business is eligible to sign up. It also works if you are not a citizen of Europe but reside in one of the nations where the software provides its services.
Documents required for opening the account
Hold onto the original, hard-copy documents so that the procedure can be finished as quickly as feasible.
- Passport;
- Residency permit;
- Identification card; and
- EU plastic driver’s license.
Bunq corporate account
All of your monetary concerns are managed by a single banking app because the system supports both individual and commercial accounts. You are encouraged to open an account, whether you are a freelancer, entrepreneur, or company owner. By doing so, you can start maximizing efficiency so that you can concentrate on trade matters.
Is Bunq safe?
Safety is a key factor that we all take into account when considering where to invest our money. You wouldn’t want to jump out of bed one day and discover that your hard-earned wealth had vanished. Bunq gave this careful consideration and came up with some game-changing ideas.
The platform first transferred the CVC key from its cards to your program. This makes sure that only you could read it. The CVC password can then be set to either change every 5 minutes or stay the same.
It also offers the benefit that none of your funds are invested in dubious ventures. In contrast to other banks, this application doesn’t touch your money to make random investments.
