Bank(not EMI) for EU company

[moneyrequired]

I'm lookin for real business bank account from BANK who accepts online verification process without sending phisical documents.
Not EMI (e-money institusions). I need Institutions with full bank licence.

I know handelsbank.com . I'm not sure if they require to send phisical documents.

Anyone could help?

 

[speedster]

moneyrequired said:
I'm lookin for real business bank account from BANK who accepts online verification process without sending phisical documents.
Not EMI (e-money institusions). I need Institutions with full bank licence.

I know handelsbank.com . I'm not sure if they require to send phisical documents.

Anyone could help?
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This depends where you are based? Fidor opens accounts online, but only for DE registred companies. N26 works with a broader list of countries and Revolut also has a business offering.

 

[traveller79]

As far as I know,

1) N26 opens only "business accounts" for self-employed people, account is on personal name but it is meant for business spending - it is not a corporate account on the name of a business entity

2) Revolut is not yet offering real bank accounts - yes they got the licence but they are still operating as an EMI

 

[speedster]

traveller79 said:
As far as I know,

1) N26 opens only "business accounts" for self-employed people, account is on personal name but it is meant for business spending - it is not a corporate account on the name of a business entity

2) Revolut is not yet offering real bank accounts - yes they got the licence but they are still operating as an EMI
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What is the difference between a real bank account and an EMI?

 

[JohnSeed]

You have more securities with a bank compared to an EMI - Fidor will require German company if it is a corporate account you look for. N26 may be an option but other than that you will be required to make a complete setup somewhere with office, staff and so forth to get a bank account.

 

[speedster]

moneynetwork said:
You have more securities with a bank compared to an EMI - Fidor will require German company if it is a corporate account you look for. N26 may be an option but other than that you will be required to make a complete setup somewhere with office, staff and so forth to get a bank account.
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I agree about the greater security for a bank. My question was referring to the Revolut accounts specifically - if they have a bank license, what would make their accounts "real bank" accounts and no longer EMI?

 

[JohnSeed]

The license and the regulations they have to comply to including the 100,000 euro account security.

 

[speedster]

moneynetwork said:
The license and the regulations they have to comply to including the 100,000 euro account security.
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Would that mean Revolut deposits are not currently guaranteed?

 

[Sols]

speedster said:
I agree about the greater security for a bank. My question was referring to the Revolut accounts specifically - if they have a bank license, what would make their accounts "real bank" accounts and no longer EMI?
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Right now, all contracts and arrangements with Revolut are made with their EMI-licensed company. No one is currently being offered services by the Revolut company which has the banking license. As such, funds held with Revolut are not under any deposit guarantee (just like with all EMIs).

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This is the probably the answer to your question.

 

[moneyrequired]

anyone know more real banks with online verification and setup process?