I am traveling around Europe for a few months and wondering if this is possible and if anyone had done it. EU or Eastern Europe maybe would be ok too.
Open a bank account in Europe as non resident
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Where do you live? What's your nationality? What do you need the account for? How much money can/do you plan to deposit in the account?
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This is the probably the answer to your question.
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This is the probably the answer to your question.
Paraguay residency, latam passport. Just to have it maybe send less than 10k a month some months maybe nothing.
I supposed it but wanted to ask anyways. Maybe I will open a company in Romania, not sure yet tho
There are definitely banks who open personal accounts for non-citizens/residents, as long as you provide your country's tax ID. I'm not sure if Paraguay is on their whitelist though, you just need to shop around and ask (ask the banks, not the forum). They have lists of countries that are low and high risk and I'm sure where Paraguay stands.
I don't think your chances of success are very high unfortunately. It doesn't sound very attractive to the bank. Even if you manage to open an account, keeping it open would be another challenge.
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This is the probably the answer to your question.
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This is the probably the answer to your question.
Try Verifo (a Lithuanian EMI). I guess it can work. Or maybe Paysera (also LT EMI) but there I'm not sure.
IMO ”“ generally, banks will be more reluctant than (some) EMIs. Maybe some bank in Montenegro but their fees are horrible. Or perhaps in Serbia. Nevertheless, an EMI will serve you well ”“ if you success to onboard.
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I am just a simple countryman. Anything I say is only a personal opinion, not a certified advice 🙂
If you think it makes sense, you can like it; if opposite, please, tell me, why I am wrong...
You have come to the right place! 😉
Yes, you can! I'm going to go out on a limb here and "assume" you speak Spanish fluently, right? If affirmative, keep reading:
Santander, is your first link: ¿Puede un extranjero no residente en España abrir una cuenta bancaria?
Cuenta Mundo para no residentes
is your next link: Cuenta Mundo para No ResidentesThis can be done with other banks in Spain, especially if your Spanish is fluent. Make sure you keep in touch with your account executive. Grab their business card and email. If they have a mobile number, grab that too. Stay in touch with your bank contacts at least once per month with one "¡Buen dÃa! Te deseo una maravillosa semana libre de estrés." on a European Monday morning before the bank opens 😉
Try to deposit at least €1000 cash with each account opening. If you want a debit card, you must have an address in Spain. Preferably, a friend's address. If you want to be fancy, you can get an address here: Home
Do NOT! I repeat, do NOT have the bank ship your debit card to Paraguay! The Aduana at Aeropuerto Internacional Silvio Pettirossi will go ape sh1t if a debit card or credit card arrives for a resident in Paraguay! stupi#21
Good luck and success!
PS. No. I'm NOT Spanish or even from the South of Europe. Moreover, Spanish is NOT even close to my native language. I learned Spanish through "immersion" i.e., I dated a LOT of Latinas in the 80s, 90s, and 2000s.
Santander is the friendlier with foreigners, BBVA and Bankinter also opens to foreigners but they will make more questions once you visit one of their branches. I suggest trying in branches located in well defined banking zones, don't try with branches on small towns because they won't accept it mostly by not being aware it's possible
Try CIM Banque, it's fully online so you will never need to visit them, and their minimum balance is only 5K. The main disadvantage of this bank is that it has lots of fees that add up to around $600-$800 a year.
Good point. It does not depend on whether you are in Europe or not, in fact. So you can try Dukascopy, too ”“ for balances under 50k it's OK.
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I am just a simple countryman. Anything I say is only a personal opinion, not a certified advice 🙂
If you think it makes sense, you can like it; if opposite, please, tell me, why I am wrong...
EMIs and neobanks are only available to the residents of certain countries. For example, Revolut: What countries are supported? | Revolut.
Wise accepts legal residents of a wider array of countries, but some countries have restrictions, such as an inability to have a card (this restriction applies to residents of all Latin American countries, except for Brazil: Can I get the Wise card in my country? | Wise Help Centre).
yeah... dont do this lol
I lived in Spain for years, this is turbo cringe for them lol
It might work in LATAM but Spaniards are not hispanic.
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