Has anyone tried N26?
Yes you have to go to Germany, but seems good based on what I've read.
Thoughts?
Yes you have to go to Germany, but seems good based on what I've read.
Thoughts?
Aug 16th, 2018 8:18 pm
Aug 17th, 2018 12:00 am
If you’re HSBC premier you can do it with Jersey. It’s secured to a good bit of amount GBP 60000 equivalent.snowhite445 wrote: ↑ Hi,
How can I open a Euro bank account in Germany, UK, France or somewhere where money is relatively safe?
I would also like to know if they have some insurance like CDIC ($100,000 insured by goverment) that we have here in Canada.
Thanks,
Aug 17th, 2018 12:02 am
Aug 17th, 2018 1:37 pm
Transferwise has very competitive fees, and they don't hide anything in a poor exchange rate. They do charge additional fees for using a debit or credit card, because they get charged an additional fee for those sources.
Aug 17th, 2018 3:46 pm
Aug 17th, 2018 4:08 pm
Aug 17th, 2018 10:23 pm
porticoman wrote: ↑ the trick is finding a safe/secure offshore banking system where your money is safe, high interest as well as low FX, either daily interest to term deposits
https://www.deposits.org/world-deposit-rates.html
India being one of the best places that has good annualized rates ranging from the 12 mth term deposits in the 7.75% range, or 6% for 30 days & with an FX average of 50 rupee to one Cdn dollar
https://india.deposits.org/deposits/
what about borrowing at a low rate from one country, use that to get a high rate savings account in another country?
seems simple enough ... right?
Aug 17th, 2018 10:42 pm
Nov 28th, 2019 11:52 am
SEPA transfers is an important tool that will be lacking from a TD Euro account...torcraw2014 wrote: ↑ TD does have Euro currency bank accounts you can open although they don't really advertise them.
Nov 28th, 2019 12:38 pm
I have an N26 account. I opened it using just my phone and while in Canada. I have an EU passport and address but it should be possible with a Canadian passport and an address in one of the supported countries. See https://nomadgate.com/open-n26-account/.IceBlueShoes wrote: ↑ Has anyone tried N26?
Yes you have to go to Germany, but seems good based on what I've read.
Thoughts?
May 8th, 2020 9:34 pm
Don't they require tax information like an ID at sign up? if so, how can a Canadian fill that?rhw123 wrote: ↑ I have an N26 account. I opened it using just my phone and while in Canada. I have an EU passport and address but it should be possible with a Canadian passport and an address in one of the supported countries. See https://nomadgate.com/open-n26-account/.
The account itself is OK. It's a real bank account with German IBAN and deposit protection. Free SEPA transfers and free debit Mastercard with 0% FX fee. Up to 5 free ATM withdrawals within the EEA. Their app is OK too, it's clean and simple. It also integrates with Transferwise for transfers outside SEPA (e.g. to Canada).
May 8th, 2020 11:04 pm
Yes, you have to specify your tax residency and provide a TIN. So a Canadian would enter "Canada" and their SIN.snowhite445 wrote: ↑ Don't they require tax information like an ID at sign up? if so, how can a Canadian fill that?
May 10th, 2020 12:13 am
May 10th, 2020 12:37 am
Correct! But in order to do that, you need to have a HSBC account first. Afterwards you can open the Europe account (UK, France, etc) via the International Banking Center (IBC), free if you have Premier, $100 if you have Advance. The IBC will then do an interview with you for the account opening.ProductGuy wrote: ↑ You might be able to open an HSBC account in Europe from a Canadian branch. Google it or go talk to someone in a branch. They are known for letting their customers bank with them across multiple countries.
May 10th, 2020 1:56 am
I think you probably called N26 US (1-888 number) because N26 EU doesn't even have a phone number AFAIK, they only do support via chat.snowhite445 wrote: ↑ I called they said Canadian residents not qualified. Maybe a system glitch allows it which can be troublesome in future.
There is currently 1 user viewing this thread. (0 members and 1 guest)