Opening a bank account with a quick debit card in Europe
I would spend a long summer vacation across Europe. For a long trip around different countries, it is not wise to carry cash. On the other hand, my credit card is in US dollar. In practice, the charge for exchange and foreign card is quite expensive. Moreover, if I lose my card, I cannot get a replacement quickly.
Therefore, I wish to open a bank account in Europe to deposit cash in it. Then, I can get a local debit card in Euro, as I can use it without additional charges. In this case, if losing my card, I can visit a local branch for the replacement.
Do European banks open bank account for travelers (non-residents without local address)?
I found that Latvian banks open bank account for foreigners and everything is in English; but I prefer to use a major bank with a better continent-wide service. Of course, language is also an issue, as I expect to receive a service in English.
Best Answer
In case of an American, until very recently it was problematic because of FATCA, however by now all EU countries have signed agreements. So you're in luck.
The Dutch bank I'm using, ABN-AMRO, offers services for exapats, as well as for non-residents.
ABN AMRO International Clients: your Non-Residents and US-persons Banking Specialist. Please contact us for all your financial matters including day to day banking, savings, Internet Banking in English, Investments (does not apply to US-persons) and more.
There is also a legalese disclaimer for "US-persons", which I don't pretend to fully understand, but it seems mainly related to investments, rather than current accounts.
So in my opinion the best thing if you contact them directly and ask.
An account comes with Maestro debit card.
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What is the easiest bank account to open online?
The 8 Easiest Banks To Join- Chime. Chime1 is probably the easiest to join. ...
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How do I open an instant bank account?
The list of documents required for instant online account opening includes:Can I open a bank account in any EU country?
If you are legally resident in an EU country you are entitled to open a "basic payment account". Banks cannot refuse your application for a basic payment account just because you don't live in the country where the bank is established.Why is N26 closing?
Customers shared their distress online after N26 shut their accounts on April 14 as part of anti-fraud measures that went wrong. Insider interviewed 12 customers, including a Ukrainian refugee who immediately lost access to up to $15,900 (\u20ac15,000) after receiving an email.More answers regarding opening a bank account with a quick debit card in Europe
Answer 2
My experience with Belgian Banks whilst trying to get an account for an Italian:
Despite a banking union thas has been in vigor since years, you have to apply for specific non-residents services.
When I looked for an account for an Italian, ING was the only one to offer these services. More info
I would thus recommend contacting ING's non-resident service above.
Language is no issue, ofcourse.
I am not claming ING is better in any way than ABN AMRO. This is just an extra option. You might check a bank of your choice and look for non-resident services.
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