Yes! We’re a digital bank with a full German banking license and millions of customers across 24 countries.
By law, the funds in your account are protected up to €100,000 through the German Deposit Protection Scheme. We’re fully hosted in the cloud and use artificial intelligence to fight financial crime and card fraud. We also secure every transaction with passcodes and FaceID or TouchID technology, as well as confirm every customer’s identity when opening an account. Learn more about our security here.
You’ll need government-issued ID, for example, a passport. You'll also need a smartphone to use your account, and must be a resident of a country we operate in.
The N26 Standard bank account is free and there are no opening or maintenance fees. N26 Smart costs €4.90 per month. No deposit or minimum income is required to open an account.
Yes, the currency of your bank account from N26 is in euros. But we don’t charge any fees for payments in foreign currencies.
Sending money abroad with N26 is simple and intuitive. You can choose from a variety of different transfer types — from bank transfers and SWIFT payments to debit or credit card transfers, and much more — for a low, transparent fee. To send money internationally, simply open your N26 app, tap ‘Send money’ on the Home tab, and select ‘Foreign currency transfer’. You’ll be guided through the steps to complete your transfer the quick and easy way.
You don’t need a Wise account to send money internationally, as we’ve has partnered with Wise so you can make foreign currency transfers directly in the N26 app.
Some payments will be processed instantly, and most will be completed in one business day. However, this can vary depending on the currency. When you enter your transfer details, we’ll give you a quote and estimated arrival for different transfer options.
