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]

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]

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]

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]

Would that mean Revolut deposits are not currently guaranteed?‍

 

[Sols]

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).

 

[moneyrequired]

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