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Home Challanger banks Bunq now offers country-specific IBANs and multi-currency function

Bunq now offers country-specific IBANs and multi-currency function

Dutch challenger bank Bunq offers its customers a new tool with which they can load IBANs from many European countries onto their Bunq app.

The offer is particularly attractive for those who travel internationally, both professionally and privately, and who also want to be flexible financially.

Read also: Comparison of the biggest Banking players in US vs Europe

The announcement coincided with the European launch of Update 18, which introduces functionalities aimed at boosting its conversion “into a true pan-European digital bank, after successfully closing the largest round of Series A financing ever obtained. for a European fintech ”, explains the firm.

From September 9th, Bunq customers in Spain will receive a local IBAN so that they can use their account to the full extent – from Seville in the south to Santander in the north of the country. 

This has been possible in Germany since April 2021 and in France since June 2021.

Another new feature enables all customers with a bank account to add IBANs from several European countries to their app. The Bunq Update 18 is now available in the Google Play Store and the Apple App Store.

Ali Niknam, CEO and Founder of Bunq, says: “At Bunq we are constantly thinking of new ways to make life easier for people. When users tell us something that is important to them, we believe it! More IBANs and more currency rates mean more opportunities to bank as any local user would. “

Jan Cerny
Jan is an innovation enthusiast and Fintech news reporter. He specializes in news distribution, social media, and content analysis.

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