You don’t necessarily need to reside in the EU to have an account with a European bank. Of course, these rules vary from provider to provider. Some of them allow residents of their permitted list of non-EU countries to open an account. However, be ready to complete the compliance procedures required by the provider to open the account. It may include confirmation of your source of income and a detailed explanation of why you need an account in the EU. For this purpose, you may need to provide an employment contract, work permit, or other documents confirming your request for the account opening. Some providers require a residence permit from their applicants.
In Genome, we offer personal accounts to residents of some non-EU countries (click here to check the full list of countries).
As a user of Genome’s personal wallet, you receive a free EU IBAN account and a digital wallet, where you can make SEPA and other transfers. Transfers between Genome users are instant and free of charge. Apply online from anywhere in the world.