Overview
bunq Business, at a glance.
bunq Business is a bank headquartered in the Netherlands, regulated by DNB. Business accounts cost from €7.99 a month. Opening an account takes 3–5 days.
Euro accounts are covered by the Dutch Deposit Guarantee Scheme up to €100,000. Accounts in other currencies are held through a partner and are not covered.
Why businesses pick bunq Business
- A licensed bank, with euro deposits protected up to €100,000
- From €7.99 a month, with no opening fee
- Accounts in 21 currencies and local IBANs
- Open to freelancers and sole proprietors
- Most applications take minutes; up to two and a half working days when more checks are needed
Watch out for
- Only for businesses registered in nine countries: the Netherlands, Belgium, France, Germany, Austria, Spain, Italy, Ireland and Portugal
- Owners and directors must live in the EEA
- Financial services, gambling, weapons, tobacco, mining and pharmaceuticals are not accepted
- Currency exchange and card spending abroad add 0.5%
- SWIFT payments cost €5 to €10, incoming too
Business fit
Will bunq Business accept your business?
Four quick answers. Where your company is registered and what it does rule a provider in or out faster than anything else.
Based on bunq Business's published rules
Likely no
bunq Business does not list United Kingdom among the countries where it accepts companies.
bunq Business does not publish a minimum company age or turnover, so those two answers are not checked here.
This is one provider. Your profile checks all of them.
- Every provider that fits your business
- The reason behind each match
- Company age and turnover checked too
Who it works with
Accepted and not accepted.
What bunq Business publishes about the businesses it takes on.
Who bunq Business serves
- Freelancers
- Startups and SMEs
- Professional services
- E-commerce
All 6 industries on bunq Business's accepted list
- Small and mid-sized businesses
- Freelancers and sole proprietors where the country/legal form is accepted
- Professional services
- Retail and trading businesses
- Companies needing multi-currency/local-IBAN banking
- Businesses managing employee/company cards
Not supported
Industries and countries bunq Business does not accept, from its own published lists.
Industries
- Manufacture/wholesale of pharmaceuticals
- Tobacco manufacture, wholesale and tobacco businesses
- Weapons, ammunition and military fighting vehicles
- Precious metals/minerals, mining/quarrying, oil and gas
- Insurance, pensions, reinsurance and other financial institutions/financial services
- Banks, credit/mortgage/finance brokers, investment funds, market makers and stockbrokers
- Casinos, lotteries, betting and gambling
- Political, ideological and religious organisations
- Trust offices, trust companies and related entities
- Real-estate investing/development and specified real-estate management/rental
- Adult entertainment or pornographic material
- Soft drugs
- Biotechnical R&D in specified pharmaceutical, medical, food and agricultural fields
- Uranium refining, gas manufacture and specified non-ferrous-metal production/wholesale
Countries
- Not published
Coverage
Where can you use bunq Business?
Coverage is a starting point. It does not confirm that every business in these markets is eligible.
Supported currencies
21 currencies
- EUR
- USD
- GBP
- CHF
- CAD
- AUD
- JPY
- AED
- CNY
- CZK
- DKK
- HUF
- MXN
- NOK
- PLN
- RON
- SEK
- SGD
- THB
- TRY
- ZAR
Payment reach
Not published
Who can apply
Company incorporation countries9 countries · show list
- Netherlands
- Belgium
- France
- Germany
- Austria
- Spain
- Italy
- Ireland
- Portugal
Owner nationality
Not publishedOwner residency
Not publishedCompany types
Limited companies, Freelancers and sole proprietors
Pricing
What does bunq Business cost?
Look beyond the monthly fee. Your total cost depends on how many transfers you make, where they go and how much you convert.
Account cost
Opening fee
Free
Monthly fee
€7.99–23.99
depends on plan
Core Business
Lowest cost€7.99 per month
€0 setup · €95.88 in year one
Pro Business
€13.99 per month
€0 setup · €167.88 in year one
Elite Business
€23.99 per month
€0 setup · €287.88 in year one
Transaction fees
| Cost | Listed amount | How it is charged |
|---|---|---|
| Incoming | ||
| SWIFT / international | €5–10 | Fixed fee; varies by plan |
| Outgoing | ||
| SWIFT / international | €5–10 | Fixed fee; varies by plan · €5 when the recipient pays the costs |
Ranges span the plans; higher plans pay the lower end.
Other fees
Currency exchange (FX)
| Cost | Listed amount | How it is charged |
|---|---|---|
| FX markup | 0.5% | Percentage of the amount |
Cards
| Cost | Listed amount | How it is charged |
|---|---|---|
| Physical card issue | Free | No charge · One card on Core, three on Pro and Elite; express delivery €29.99 |
| Card FX | 0.5% | Percentage of the amount |
Onboarding
From application to live account.
Opening an account typically takes three to five business days.
- 1
Apply
Start the application online or through the sales team.
- 2
Company and people
Give the company's registration details, directors and owners.
- 3
Checks
Upload the documents requested and complete identity verification.
- 4
Account live
Once approved, the account is opened and you receive its details.
Documents you need
Not published
FAQ
Your questions, answered.
Is bunq a bank?
Yes. bunq B.V. holds a banking licence from the Dutch central bank. Euro accounts are covered by the Dutch Deposit Guarantee Scheme up to €100,000.
How much does bunq Business cost?
Core Business costs €7.99 a month, Pro €13.99 and Elite €23.99, with no opening fee. A SWIFT payment costs €5 to €10, and currency exchange adds 0.5%.
Who can open a bunq Business account?
Businesses registered in the Netherlands, Belgium, France, Germany, Austria, Spain, Italy, Ireland or Portugal, including freelancers. Owners and directors must live in the EEA.
Which businesses does bunq not accept?
Its list includes financial institutions and brokers, casinos and betting, weapons, tobacco, pharmaceuticals manufacture, and mining, oil and gas.
Alternatives
How bunq Business compares.
If bunq Business is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.
| Provider | Licensed in | Known for |
|---|---|---|
| bunq BusinessThis pageBank |  | Deposit protectionFreelancers |
 FinomE-money institution | | Freelancers and small companiesInvoicing |
 Revolut BusinessBank |   | Cards and spend controlsStartups and SMEs |
 WamoE-money institution |  | Free planSole traders |
 iCardE-money institution |  | Low feesFree Mastercard |
Not sure which one fits? Your profile ranks them for your business, with the reason behind each.