Bunq business account review

Find out everything you need to know about business accounts from Bunq to see whether they meet your company’s requirements.

No reviews yet. Write a review

Dutch owned challenger bank Bunq was founded in 2012 when its CEO, Ali Niknam, set out to create “the bank of the Free”. In 2014, Bunq received its official banking licence from the Dutch Central Bank and a year later, it launched Bunq Business. Here, we look at Bunq’s business offerings in detail.

What types of business accounts are on offer?

Bunq offers 3 different types of business account:

  • Easy Money business account
  • Business Easy Green account
  • Easy Bank business account

All have monthly fees, but these vary depending on which option you go for (more on this below).

The Easy Bank account is the most basic and offers 1 free physical card. The Easy Money and Easy Green accounts offer more features, but are also more expensive, and include 3 free cards.

Both the Easy Green and Easy Money accounts offer the option of a Metal card which is made from stainless steel and has a 50% longer life than a regular plastic card. With the Easy Green account, for every €100 you spend on the Metal card, Bunq will plant a new tree.

Some of the other features business users can benefit from include:

  • Cheap international transfers. Bunq has partnered with money transfer service Wise, enabling you to send money in 39 currencies at low cost.
  • Bookkeeping support. Connect your account and bookkeeping software so that you’ll have a real-time overview of your accounts.
  • Sub-accounts. Open as many sub-accounts as you need to give you a clear overview of your finances. Each comes with its own International Bank Account Number (IBAN) so you can use them for direct debits, online payments and your cards too.
  • Invoice payments. Scan invoices and the Bunq app will fill in all payment details for you. Or copy email invoices to the Bunq app directly from your phone.
  • Instant employee access. Add or remove a director with ease, simply by using the app.
  • Earn interest. Interest is paid at a rate of 0.09%. Payouts are monthly.
  • Flexible banking. Manage your accounts from the app, your desktop and your Apple Watch.

Easy Green and Easy Money business account holders that use Google Ads can also receive up to €120 of Google Ads credit.

What fees are there?

The table below outlines the main fees for the 3 business accounts.

Easy Bank BusinessEasy Money BusinessEasy Green Business
Monthly fee€4.99€10.99€20.99
Extra sub-accounts (per 25)n/a€19 per month (25 included)€19 per month (25 included)
Add extra directorsOnly one director possibleFirst 3 are free, then €2.99 per director per monthFirst 3 are free, then €2.99 per director per month
Sending/receiving instant payments or sending instant requests€0.11 per payment per request€0.11 per payment per request€0.11 per payment per request
Sending requests paid instantly via debit or credit card2.5% + €0.22 per payment2.5% + €0.22 per payment2.5% + €0.22 per payment
Receiving bunq.me payments with debit or credit card2.5% + €0.22 per payment2.5% + €0.22 per payment2.5% + €0.22 per payment
Top up with debit or credit card0.5% for EEA cards or 2.5% for non-EEA cards (first €500 free per month)0.5% for EEA cards or 2.5% for non-EEA cards (first €500 free per month)0.5% for EEA cards or 2.5% for non-EEA cards (first €500 free per month)
Sending payments using Wise€0.11 per payment plus the real exchange rate€0.11 per payment plus the real exchange rate€0.11 per payment plus the real exchange rate
Receiving SWIFT payments€5 to €25 depending on the amount€5 to €25 depending on the amount€5 to €25 depending on the amount
Direct debit€0.11 per payment€0.11 per payment€0.11 per payment
Cash withdrawalFirst 5 withdrawals per month are €0.99 each, and the remainder are €2.99First 4 withdrawals per month are free, the next 5 are €0.99, and the remainder are €2.99First 4 withdrawals per month are free, the next 5 are €0.99, and the remainder are €2.99

How to apply

As a result of Brexit, opening new Bunq accounts from the UK has been temporarily paused.
However, if you live in any of the following countries, you can simply enter your phone number on the Bunq website and you’ll be sent an invitation to download the app and open a business account:

  • Austria
  • Belgium
  • France
  • Germany
  • Ireland
  • Italy
  • Netherlands
  • Portugal
  • Spain
  • To be eligible, you will also need to have a personal account with Bunq and be permanently residing in the country where your business is registered.

    Is it safe?

    Bunq has a Dutch banking licence which means that up to €100,000 of your funds are protected thanks to the Dutch Guarantee Scheme of the Dutch National Bank (DNB). This means that should Bunq cease trading, you’d still get your money back.

    Pros and cons


    • Cheap international money transfers, thanks to its partnership with Wise.
    • Three different pricing options to choose from.
    • Bookkeeping, budgeting and invoicing support.
    • Quick and easy sign-up.
    • Sub-accounts to make budgeting easier.


    • Accounts cannot currently be opened in the UK.
    • Transaction and account fees can quickly stack up.
    • Limited free ATM withdrawals.
    • You’ll need a Bunq personal account to qualify for a business account.

    Our verdict

    If you live in any of the European countries listed above and you’re looking for a business account that offers features such as bookkeeping and budgeting support, as well as cheap international transfers, Bunq could be right for you.

    However, for those based in the UK, or even for those who would prefer not to pay such high monthly fees, seeking out a more competitive business account is likely to be the better option.

    Get started by visiting Bunq’s website and sign up for an account. If you have read this review and decided that Bunq’s account is not for you, you can also compare other business accounts on the market.

    Frequently asked questions

    We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you.

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site