Skip to main content
N26
Select your language
Deutsch
Select your region

Products and features may vary by region.

AustriaBrazilEuropeFranceGermanyItalySpainSwitzerlandUnited KingdomUnited States
  • The N26 virtual card.
    Standard
  • N26 You card, Rhubarb.
    Smart
  • N26 You card, Petrol.
    You
  • N26 Metal - Charcoal Black.
    Metal
  • The N26 virtual card.
    Business
  • N26 You Business Card, Rhubarb.
    Business Smart
  • N26 You Business Card, Ocean.
    Business You
  • Black N26 Business Metal card.
    Business Metal
View plans
  • N26 Insurance
  • Overdraft
  • Spaces
  • Shared Spaces
  • Split Expenses
  • Account Switching
  • Invite friends
  • Mastercard
  • Maestro Card
  • Apple Pay
  • Google Pay
  • Virtual Card
  • CASH26
  • Wise
  • Instant Payments
  • Company
  • Products
  • Technology & Security
  • Banking Basics
  • Lifestyle
  • Students
  • Financial Hub
  • All articles
Online Banking
Open Bank Account
Back to Press Releases
11 February 2020

N26 announces exit from UK banking market

Berlin, February 11, 2020 - With the UK having left the European Union, N26 has today announced that it will be leaving the UK market. The timings and framework outlined in the EU Withdrawal Agreement mean that the company will in due course be unable to operate in the UK with its European banking licence.

Thomas Grosse, Chief Banking Officer at N26 said: “While we fully respect the decision that has been taken, it means that N26 will in due course be unable to serve our customers in the UK and will have to leave the market.” Customers with accounts in other markets will not be affected.

“Although we will be leaving the UK, we will continue our mission to radically transform the global banking industry through innovation and the power of technology. This means growing within the European Union, where we recently crossed the 5 million customer mark, building our presence in the US, one of the most attractive global banking markets, and expanding into new countries.”

Following the closure of the company’s UK operations, the majority of N26’s UK staff will move into new roles within the business as the Mobile Bank continues to grow its global team.

Will Sorby, General Manager, N26 UK added: “We would like to thank all N26 customers for their support. We’ve planned the next steps carefully to ensure this process is as smooth as possible for every customer in the UK.”

All N26 accounts in the UK will be closed on 15 April 2020. Until then, accounts will work as normal, including all card payments and direct debits. Customers with money in their N26 accounts are asked to transfer their deposits to an alternative bank account.

Read more here. More information for UK customers can also be found at n26.com/en-gb.

View as PDF
Accounts
Personal accounts
Bank Account
Smart
You
Metal
Compare Accounts
Business accounts
Business
Business Smart
Business You
Business Metal ● New
Compare Business Accounts
Manage
Spaces
Shared Spaces
Split Expenses
Financial Products
Insurance
Electronics Insurance
Phone Insurance
Travel Insurance
Overdraft
Pay
Mastercard
Maestro Card
Apple Pay
Virtual Card
CASH26
Wise
Instant payments
More
Online banking
Invite Friends
Perks
Switch Account ● New
Social Media
Facebook
Instagram
LinkedIn
Twitter
YouTube
Blog
All articles
Company
Product
Tech & Security
Banking Basics
Lifestyle
Students
Financial Hub
Company
About N26
Leadership team
Careers
Security
Press
Partners
Help
Customer Support

Bank from anywhere, 24/7

Download the N26 app today for a 100% mobile banking experience. Available on iOS and Android.

Download for free on the Play Store.
Download for free on the Play Store
Download for free on the App Store.
Download for free on the App Store
N26 App on smartphone.
© N26 GmbH 2022Legal DocumentsPrivacy Policy (new tab)Imprint (new tab)
Select your language
Deutsch
Select your region

Products and features may vary by region.

AustriaBrazilEuropeFranceGermanyItalySpainSwitzerlandUnited KingdomUnited States