Bunq

Bunq is a Dutch mobile bank — and self-proclaimed ‘bank of the Free’ — that has made a name for itself among expats and digital nomads in Germany and across Europe. Unlike traditional banks, bunq is built entirely around the mobile app, offering a refreshingly straightforward experience for those who want banking without the paperwork.

Opening an account takes less than five minutes and requires no German address or Anmeldung, making it one of the most accessible banking options for new arrivals in Germany. bunq supports multiple sub-accounts, automatic saving features, and real-time notifications for every transaction. The app is available in English and several other languages, and customer support is accessible through the in-app chat.

bunq offers a range of subscription plans — from a basic free account to premium tiers with additional perks such as metal cards, travel insurance, and higher limits. The bank is fully licensed by the Dutch Central Bank and operates under EU banking regulations, meaning deposits are protected up to €100,000 under the EU deposit guarantee scheme.

For environmentally conscious expats, bunq also plants a tree for every €100 spent — a small but genuine commitment to sustainability that sets it apart from conventional banks.