EU Banks Open to Non-Residents

[Silvio]

Was thinking of starting this thread about banks in the EU that are open towards non-residents. As some of us here don't like\trust EMIs and want to spread our risk over multiple insured banks...

Preferably with:
* Low account maintenance fees (1-10 EUR per month max)
* Low min deposit (up to 10k)

Few I know that open are:
* MILLENNIUM BANK in Poland (open to EU residents but also non-EU)
* STANDARD BANK in Isle of Man
* In Czech Republic some banks may be open to non residents.
* ING in LUXEMBOURG

Anybody tried in other EU countries? How about Hungary\Finland\Denmark\Sweden\etc?

 

[Marie Manila]

I think it will be hard with ING in Luxembourg.

You may take a look‌ at the Baltic countries.
They quite often deal with non-residents. But they are more expensive‍ and quite often involved in money laundering, like Versobank, ABLV or Danske Bank.

If you⁠ go for Hungary, then try to get an Euro account. There was a high inflation⁤ of HUF in the past years.

 

[Martin Everson]

If posting a bank please mention whether they support remote opening or in person opening...thx.‌

 

[Andrew Gooden]

Remote opening or in person opening

 

[John Spectre]

Person opening only.
For non residents, those countries are available for banking: latvia, cyprus, spain,‌ poland, romania, czech republic, slovakia.
Mb some other, but i don't have banking with other‍ countries🙂

 

[lrotter]

Spain probably requires getting local national tax ID?⁠

 

[JohnLocke]

@maxmmm it's a great idea to start a thread like that, thanks. However, did you‌ tried any of the banks you have mentioned in your initial post?

 

[Silvio]

Most of these banks are regular retail banks so I doubt any of them allow‌ remote opening. That's also the beauty of these banks - because they are retail banks‍ they are a lot cheaper and their minimums much smaller...

I assume with local lawyer⁠ it may be possible to open remotely but I think they will find it very⁤ strange and it may trigger a rejection.

Regarding the question if I personally tried- A⁣ friend of a friend of my neighbor tried and confirmed they opened successfully 😉
Btw ING⁢ Luxembourg requires minimum deposit of 100K EUR.

 

[Silvio]

In Spain‌ you just need to register with the police, they give you some ID number and‍ that's it - you can open accounts as non-resident. Especially in cities with lots of⁠ expats like Barcelona etc... they are used to foreigners (Brits etc) coming to open accounts⁤ as they prepare to move to Spain.

 

[Andrew Gooden]

Information found on the site therefore, It may be possible to open Standard Bank account‌ remotely, according to the information I located. See below!

HOW TO GET IT

• You will‍ need to complete the online registration form available via the international online website
  
• Choose your⁠ password and memorable date
  
• Once the registration is complete you will be provided with a⁤ 6 digit reference number and can call the Personal Banking Team to complete it or⁣ the Internet Banking Team will call you within 1 business day.
  

 

[Silvio]

Ah yes Andrew Gooden, you're right- Standard Bank opens remotely.

 

[lrotter]

It’s for personal accounts only or business are available as well?

 

[cybertrack]

What verification steps do they asks? Does it work with darks?

 

[Martin Everson]

Barclays International Jersey/UK opens remotely online. £25,000 minimum deposit. They open for Nigerians, Egyptians etc‌ but list shrinks each week...lol.

https://international.barclays.com/banking/international-bank-account/

 

[Andrew Gooden]

You could be‍ right about that then again it could depend on the amount of money one plans⁠ to deposit and meeting certain requirements. Yes! even if the list is shrinking some advantage⁤ can overcome such procedure. Cheers!

 

[Silvio]

Seems like OTP Bank in Hungary and K&H bank in Hungary open accounts for non-residents‌ but their foreign currency accounts slightly expensive (they charge some 0.6% or so on payments‍ also with debit card)

 

[happyjohn]

and you are sure they allow⁠ remote account opening?
sounds not to bad. I would consider them as some of the reliable banks or⁢ not?

 

[Tax Cow]

Bank Austria - Private Customers .

Non-resident individuals welcome to apply as long as they‌ have an economic connection to Austria. For example, if you own property and collect rent,‍ you have a sufficient justification for the account. Remote opening not possible. Non-resident corporate accounts⁠ generally not available, but EUEA companies with EUEA directors (or Russian directors) have a chance,⁤ if they have reputable clients in Austria.

 

[Martin Everson]

You mean is Barclays Bank International reliable or not?‍

 

[Silvio]

Interesting, where did⁣ you find it?