Personal Accounts with IBAN Offered by E-Money Institutions

Electronic money institutions offer virtual personal accounts with IBAN:

  • Accounts can be opened online; supporting documents are submitted online, authentication is also performed online.
  • Accounts fees depend on an individual's risk level, assigned based on the country of residence.
  • Transfer fees are usually lower than offered by banks.
  • Payment cards can be ordered together with the account.

Product Name
Personal Account Category 1
Customer Group
EU residents
Payment Card
Monthly Fee
50.00 EUR
IBAN
Payment Card
Initial Fee
0.00 EUR
Monthly Fee
50.00 EUR
Closing Fee
n/a
Outgoing SEPA Payment
0.25 EUR
Incoming SEPA Payment
0.00 EUR
Outgoing SWIFT Payment
40.00 EUR
Incoming SWIFT Payment
n/a
Free Transfers Included
n/a
Internal Transfer Fee
0.00 EUR
Product Name
Personal Account Category 2
Customer Group
non-EU residents
Payment Card
Monthly Fee
100.00 EUR
IBAN
Payment Card
Initial Fee
200.00 EUR
Monthly Fee
100.00 EUR
Closing Fee
n/a
Outgoing SEPA Payment
5.00 EUR
Incoming SEPA Payment
5.00 EUR
Outgoing SWIFT Payment
50.00 EUR
Incoming SWIFT Payment
n/a
Free Transfers Included
n/a
Internal Transfer Fee
5.00 EUR
Product Name
Personal Account
Customer Group
all countries
Payment Card
Monthly Fee
2.50 EUR
IBAN
Payment Card
Initial Fee
n/a
Monthly Fee
2.50 EUR
Closing Fee
n/a
Outgoing SEPA Payment
0.50 EUR
Incoming SEPA Payment
0.00 EUR
Outgoing SWIFT Payment
15.00 EUR
Incoming SWIFT Payment
0.00 EUR
Free Transfers Included
n/a
Internal Transfer Fee
0.00 EUR
Product Name
Personal Account
Customer Group
EEA residents
Payment Card
Monthly Fee
0.00 EUR
IBAN
Payment Card
Initial Fee
0.00 EUR
Monthly Fee
0.00 EUR
Closing Fee
n/a
Outgoing SEPA Payment
0.00 EUR
Incoming SEPA Payment
0.00 EUR
Outgoing SWIFT Payment
n/a
Incoming SWIFT Payment
n/a
Free Transfers Included
n/a
Internal Transfer Fee
0.00 EUR
Product Name
Personal Account+
Customer Group
non-EEA residents
Payment Card
Monthly Fee
4.99 EUR
IBAN
Payment Card
Initial Fee
0.00 EUR
Monthly Fee
4.99 EUR
Closing Fee
n/a
Outgoing SEPA Payment
0.00 EUR
Incoming SEPA Payment
0.00 EUR
Outgoing SWIFT Payment
n/a
Incoming SWIFT Payment
n/a
Free Transfers Included
n/a
Internal Transfer Fee
0.00 EUR
Product Name
Personal Account
Customer Group
all countries
Payment Card
Monthly Fee
0.00 EUR
IBAN
Payment Card
Initial Fee
0.00 EUR
Monthly Fee
0.00 EUR
Closing Fee
n/a
Outgoing SEPA Payment
0.00 EUR
Incoming SEPA Payment
n/a
Outgoing SWIFT Payment
7.00 EUR
Incoming SWIFT Payment
n/a
Free Transfers Included
n/a
Internal Transfer Fee
0.00 EUR
Revolut Ltd
United Kingdom
Product Name
Personal Account Standard
Customer Group
all countries
Payment Card
Monthly Fee
0.00 EUR
IBAN
Payment Card
Initial Fee
n/a
Monthly Fee
0.00 EUR
Closing Fee
n/a
Outgoing SEPA Payment
n/a
Incoming SEPA Payment
n/a
Outgoing SWIFT Payment
n/a
Incoming SWIFT Payment
n/a
Free Transfers Included
n/a
Internal Transfer Fee
n/a
Revolut Ltd
United Kingdom
Product Name
Personal Account Premium
Customer Group
all countries
Payment Card
Monthly Fee
7.99 EUR
IBAN
Payment Card
Initial Fee
n/a
Monthly Fee
7.99 EUR
Closing Fee
n/a
Outgoing SEPA Payment
n/a
Incoming SEPA Payment
n/a
Outgoing SWIFT Payment
n/a
Incoming SWIFT Payment
n/a
Free Transfers Included
n/a
Internal Transfer Fee
n/a
Revolut Ltd
United Kingdom
Product Name
Personal Account Metal
Customer Group
all countries
Payment Card
Monthly Fee
13.99 EUR
IBAN
Payment Card
Initial Fee
n/a
Monthly Fee
13.99 EUR
Closing Fee
n/a
Outgoing SEPA Payment
n/a
Incoming SEPA Payment
n/a
Outgoing SWIFT Payment
n/a
Incoming SWIFT Payment
n/a
Free Transfers Included
n/a
Internal Transfer Fee
n/a
Product Name
Personal Account EU
Customer Group
EU residents
Payment Card
Monthly Fee
1.00 EUR
IBAN
Payment Card
Initial Fee
0.00 EUR
Monthly Fee
1.00 EUR
Closing Fee
50.00 EUR
Outgoing SEPA Payment
5.00 EUR
Incoming SEPA Payment
0.00 EUR
Outgoing SWIFT Payment
35.00 EUR
Incoming SWIFT Payment
5.00 EUR
Free Transfers Included
n/a
Internal Transfer Fee
0.00 EUR
Product Name
Personal Account non-EU
Customer Group
non-EU residents
Payment Card
Monthly Fee
35.00 EUR
IBAN
Payment Card
Initial Fee
575.00 EUR
Monthly Fee
35.00 EUR
Closing Fee
150.00 EUR
Outgoing SEPA Payment
5.00 EUR
Incoming SEPA Payment
0.00 EUR
Outgoing SWIFT Payment
45.00 EUR
Incoming SWIFT Payment
10.00 EUR
Free Transfers Included
n/a
Internal Transfer Fee
0.00 EUR
Satispay Ltd
United Kingdom
Product Name
Personal Account
Customer Group
all countries
Payment Card
Monthly Fee
n/a
IBAN
Payment Card
Initial Fee
0.00 EUR
Monthly Fee
n/a
Closing Fee
0.00 EUR
Outgoing SEPA Payment
0.00 EUR
Incoming SEPA Payment
0.00 EUR
Outgoing SWIFT Payment
0.00 EUR
Incoming SWIFT Payment
0.00 EUR
Free Transfers Included
n/a
Internal Transfer Fee
0.00 EUR
Transferwise Ltd
United Kingdom
Product Name
Personal Account
Customer Group
all countries
Payment Card
Monthly Fee
n/a
IBAN
Payment Card
Initial Fee
0.00 EUR
Monthly Fee
n/a
Closing Fee
n/a
Outgoing SEPA Payment
0.60 EUR
Incoming SEPA Payment
0.00 EUR
Outgoing SWIFT Payment
0.60 EUR
Incoming SWIFT Payment
0.00 EUR
Free Transfers Included
n/a
Internal Transfer Fee
n/a
Product Name
Personal Account Basic
Customer Group
all countries
Payment Card
Monthly Fee
5.00 EUR
IBAN
Payment Card
Initial Fee
n/a
Monthly Fee
5.00 EUR
Closing Fee
n/a
Outgoing SEPA Payment
2.00 EUR
Incoming SEPA Payment
n/a
Outgoing SWIFT Payment
2.00 EUR
Incoming SWIFT Payment
n/a
Free Transfers Included
3
Internal Transfer Fee
n/a
Product Name
Personal Account Standard
Customer Group
all countries
Payment Card
Monthly Fee
10.00 EUR
IBAN
Payment Card
Initial Fee
n/a
Monthly Fee
10.00 EUR
Closing Fee
n/a
Outgoing SEPA Payment
2.00 EUR
Incoming SEPA Payment
n/a
Outgoing SWIFT Payment
2.00 EUR
Incoming SWIFT Payment
n/a
Free Transfers Included
7
Internal Transfer Fee
n/a
Product Name
Personal Account Permium
Customer Group
all countries
Payment Card
Monthly Fee
20.00 EUR
IBAN
Payment Card
Initial Fee
n/a
Monthly Fee
20.00 EUR
Closing Fee
n/a
Outgoing SEPA Payment
2.00 EUR
Incoming SEPA Payment
n/a
Outgoing SWIFT Payment
2.00 EUR
Incoming SWIFT Payment
n/a
Free Transfers Included
15
Internal Transfer Fee
n/a

See Also