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Woohoo! You can now get your own German IBAN!

April 21, 2021
3 minute read
German flag waving in front of blue sky

Why bunq?🌈

Since day 1, we’ve built a product that empowers you to be free, wherever you are. Your support clearly shows: we’ve just reached €1 billion in user deposits. This beautiful amount has more than doubled for the second year in a row, and we couldn’t be more thankful for your trust.

Growing throughout Europe with such impressive speed made us want to give you the ultimate local banking experience, straight through your phone.

Why are IBANs important?🤷

Technically, they shouldn’t be. All IBANs within the Single Euro Payments Area (SEPA) should be treated equally and accepted universally. In practice, discriminating against foreign IBANs in SEPA countries is commonplace.

The brand new German IBAN empowers you to use your bunq account for all payments, direct debits, or receiving your salary - all hassle-free and without worrying about IBAN discrimination.


P.S.: we also just joined the acceptmyiban.org initiative. If you or someone you know experience IBAN discrimination, that’s illegal. You can easily and safely report it through the link above.

Who can get a German IBAN?🇩🇪

All personal and verified bunq users that reside in Germany can get a German IBAN. Of course, new users can too!

What’s next?🙌

Taking over the world, naturally. But all jokes aside, Germany is just the beginning - we’re looking to continue offering local IBANs in other countries based on feedback gathered from you, the lovely bunq community.

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