Estblished in 2020, Lunar Bank is an innovative direct bank delivering its products and services via mobile platforms. Lunar Bank offers an unparalleled overview of spendings and savings with no hidden fees. Lunar Bank is a new bank built from scratch is not tied down by legacy technologies and systems.
Becoming a client of Lunar Bank A/S can be done in a few steps:
Due to regulatory requirements Lunar Bank A/S performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual Lunar Bank A/S will ask him/her to provide the following documents: passport; proof of address. For corporate clients Lunar Bank A/S will ask to provide corporate documentation as well as information about controlling persons. Lunar Bank A/S may request additional documentation or information depending on the case. Account opening procedure is usually completed within a few minutes.
Lunar Bank A/S participates in the deposit guarantee scheme of Denmark. This deposit guarantee scheme applies to cash deposits made by natural persons, legal entities and covers up to up to 100,000 EUR per bank per depositor. Lunar Bank A/S is a member of Finansiel Stabilitet and makes its contributions into it.
Lunar Bank A/S is headquartered in Aarhus C.
Lunar Bank A/S is authorized and supervised by the Danish Financial Supervisory Authority.