Opening a bank account in Europe can be a challenge for people who are not residents, but with
MDE, this process becomes far more accessible. We have helped hundreds of clients establish their presence in Europe, giving them access to banking services and other benefits that require a European address.
Wise: An ideal option for non-residents
One of the banks most recommended by our clients is
Wise (formerly TransferWise). This service offers a multi-currency account with a free physical debit card, making it an attractive option for anyone who needs to manage different currencies without complications. Wise is known for its low fees and ease of use, and the debit card lets you make purchases and withdraw cash at ATMs all over the world at very competitive rates.
With MDE you have the chance to get your physical Wise debit card at no cost by clicking here!
Other recommended banks
In addition to Wise, there are other institutions that may be suitable for non-resident Europeans:
- N26: A digital bank that offers free current accounts and debit cards. N26 is popular for its intuitive mobile app and easy sign-up process.
- Revolut: Offers multi-currency accounts and a physical debit card. It is ideal for people who travel frequently or who need to make international transactions.
- Bunq: A digital bank that lets you open bank accounts in Europe with a relatively simple verification process.
How can we help you?
To open a bank account in Europe as a non-resident, you generally need a verifiable European address and, in some cases, a phone line registered in Europe. This is where
MDE can be essential:
- Verifiable European Address: We provide you with a physical address in Europe that you can use to receive official correspondence, such as your debit card and bank statements. This address meets the verification requirements of most European banks.
- Phone Line in Your Own Name: We help you get a European phone line, which is a common requirement for completing the bank account opening process.
- Other Verification Services: We also offer other services that allow you to verify your address in Europe, making it easier to access a wide range of financial platforms and services.
How it works for non-residents
The general process our clients have followed to open a bank account includes the following steps:
- Sign up with MDE: Sign up on our platform to get your European address.
- Choose the Bank: Pick the bank that best fits your needs (for example, Wise for its free debit card).
- Verification Process: Use the address provided and, if needed, the European phone line to complete the verification process.
- Receiving Documents: Receive your debit card and any other documents at your MDE address, from where we forward them to anywhere in the world.
Important disclaimer
This article is based on the experiences of our clients, who have processed hundreds of cards through our services. However, it is important to note that
MDE is not responsible for the decisions banks may make regarding the approval or denial of accounts for their clients. We always recommend reviewing the specific terms and conditions of each bank.
Are you ready to get started?
Sign up today with
MDE and take advantage of the reviews from clients who have placed their trust in us. Plus, we offer a 14-day money-back guarantee so you can try our service risk-free.
Establish your presence in Europe with ease and start enjoying the benefits today!
