N26 Bank Free Current Account in Germany Is it actually the best Bank for Expats in Germany 

Glad it was helpful!

Unfortunately Its quite common with banks which offer free accounts. They declare general terms and conditions. I made a video on this topic which you can find on my channel. Regarding the comparison, i will definitely make a video on it , thanks for the recommendation 🙏

N26 IS A ROGUE BANK, YOU WOULD BE WELL ADVISED TO STEER CLEAR I had an account with N26 Bank whilst living in Spain for four years and was extremely pleased, with everything going well with my every day transactions. I arranged for my lawyer in Spain to sell my property, acting officially as my Power of Attorney. This transaction was conducted through the normal channels and verified by the European Bank at The Hague. Could you possibly doubt that my finds were other than honest and true? - N26 COULD!!! :-( I applied to transfer my funds to my account in the UK, which they originally confirmed and then subsequently blocked the transaction and also blocked my account, denying me access to my funds on the pretext that they has found irregularities in the account. I sent them a copy of the sales transaction, as endorsed by The European Court, within days, expecting them to release my funds at this time. They acknowledged receipt of this evidence, but it took them until 1st August 2023 (ten months) of correspondence and the reinstatement was, I am sure, only due to the fact that I had posted on Trustpilot and also posted comments on their advertisements with RU-vid. HOWEVER Because the amount of money that they had denied me access to amounted to more than €60,000 they are due to pay me compensation for the difference in the exchange rate, along with interest in line with the amounts that they have paid other clients who had experienced the same problem, but with lesser amounts. The basic amount that I have calculated that I am down to date is €3472, but this is not taking into account any damages that you have caused to my health with all the worry, stress and lack of sleep that I suffered throughout all those months. N26, in public appear so concerned and eager to help but, when it gets down to one on one, they are crass and ignorant and just want to go over basics over and over again, no doubt handled by their AI bot! I could say so much more, as things don't seem to have changed much from when I was young during WWII. They are the same arrogant people! The bank now wants to start again, right from scratch and have now requested me to prove to them who I am with submitting a copy of my passport etc,, etc. as if they haven't been in contact with me at all over this time. They obviously have no intention of paying me anything. I am 85 years of age in a few months and it seems that they feel that I am fair game just as the German race did with old people in my youth, during WWII !!! So, if you have an account with them and everything is going fine, well, my problems with this bank are the same that hundreds of people who have suffered the same awful experience as myself. THEY ARE NOT TO BE TRUSTED !!! They are still blocking accounts to this day !!!

I have news for you, They are still blocking accounts!! I am 84 years of age, having retired from my career in the finance industry, and can assure you from personal experience that this bank is unreliable and your money is at risk with them. My account ran for four years with no problem with normal amounts going in and out to maintain my property in Spain. My lawyer, acting as my Power of Attorney sold my property there and deposited the procedes into my account with N26. I instructed them to transfer the money to my account in the UK which was initially acknowledged by N26 but then stopped with the subsequent notification that they had stopped my account and I then had no access to my account. I spent ten months thinking that I would never see my money again. They had told me that they had found discrepancies in my account even though the transaction carried out by my lawyer had been endorsed by The European Bank at The Hague. I gave them a copy of the accounts, which they acknowledged. but they still did not release my funds. They kept prevaricating with the requirement for information which had nothing to do with the situation. I submitted four claims to BaFin, the regulatory authorities and also Bundesbank over the course of ten months but had no reply from either of them, I was totally ignored. The claims that I submitted were made in the German language, as instructed. I pressured N26 bank in every way that I could and eventually received my initial balance after they had held it for ten months. During this time the exchange rate that I would have received, had the original instruction gone through, had fallen so that it was almost €1500 short, that, in addition to the interest rate that they had paid to other clients, who had suffered the same fate would have brought the sum up to €3475, so this was as at 01/08/2023 and so there is interest on that amount up to the present time, as they are still refusing to acknowledge this. There are a couple of groups on Facebook and 'Business Insider' wrote a piece on them back in October 2022 saying that hundreds of people had been refused access to their funds, these, in addition to reports on Trustpilot, Linkedin and other portals.

They are still closing accounts, see two Facebook groups I am 84 years of age, having retired from my career in the finance industry, and can assure you from personal experience that this bank is unreliable and your money is at risk with them. My account ran for four years with no problem with normal amounts going in and out to maintain my property in Spain. My lawyer, acting as my Power of Attorney sold my property there and deposited the procedes into my account with N26. I instructed them to transfer the money to my account in the UK which was initially acknowledged by N26 but then stopped with the subsequent notification that they had stopped my account and I then had no access to my account. I spent ten months thinking that I would never see my money again. They had told me that they had found discrepancies in my account even though the transaction carried out by my lawyer had been endorsed by The European Bank at The Hague. I gave them a copy of the accounts, which they acknowledged. but they still did not release my funds. They kept prevaricating with the requirement for information which had nothing to do with the situation. I submitted four claims to BaFin, the regulatory authorities and also Bundesbank over the course of ten months but had no reply from either of them, I was totally ignored. The claims that I submitted were made in the German language, as instructed. I pressured N26 bank in every way that I could and eventually received my initial balance after they had held it for ten months. During this time the exchange rate that I would have received, had the original instruction gone through, had fallen so that it was almost €1500 short, that, in addition to the interest rate that they had paid to other clients, who had suffered the same fate would have brought the sum up to €3475, so this was as at 01/08/2023 and so there is interest on that amount up to the present time, as they are still refusing to acknowledge this. There are a couple of groups on Facebook and 'Business Insider' wrote a piece on them back in October 2022 saying that hundreds of people had been refused access to their funds, these, in addition to reports on Trustpilot, Linkedin and other portals.

Honestly speaking , I have not researched the Investment option from N26. Ill have a deeper dive and make a video on it soon.

Maybe you should look into c24, ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-lXdm9F8Vrg8.html

C24 also rejects the request if you do not have RP card. Hence, they do not create accounts for those who have Fiktionsbescheinigung. And many ABHs issue only Fiktions 😕

I don't think any online bank would accept Fiktionsbescheinigungs. In that case its better to go to Physical bank branches .

The standard plan is free, you have to look carefully

May i ask how soon are you going to apply for a loan?

@@ahsanfinance I will apply in 2 months

Then I recommend getting your schufa report and checking how it is first.

Wise is also ok, but some employers only accept German IBAN numbers

May i ask what reason did they give for a rejection?

@@ahsanfinance no reason given.

Hmm, thats odd. Perhaps it would be good if you checked your SCHUFA Score and see if it is LOW. I have a video on that topic if you want to learn more.

Unfortunately all online banks and some branch banks will also ask for it

Students can use their German id card it is acceptable.

Unfortunately, I am not aware of what is available in Spain

@@ahsanfinance thanks sir

N26 IS A ROGUE BANK, YOU WOULD BE WELL ADVISED TO STEER CLEAR I had an account with N26 Bank whilst living in Spain for four years and was extremely pleased, with everything going well with my every day transactions. I arranged for my lawyer in Spain to sell my property, acting officially as my Power of Attorney. This transaction was conducted through the normal channels and verified by the European Bank at The Hague. Could you possibly doubt that my finds were other than honest and true? - N26 COULD!!! :-( I applied to transfer my funds to my account in the UK, which they originally confirmed and then subsequently blocked the transaction and also blocked my account, denying me access to my funds on the pretext that they has found irregularities in the account. I sent them a copy of the sales transaction, as endorsed by The European Court, within days, expecting them to release my funds at this time. They acknowledged receipt of this evidence, but it took them until 1st August 2023 (ten months) of correspondence and the reinstatement was, I am sure, only due to the fact that I had posted on Trustpilot and also posted comments on their advertisements with RU-vid. HOWEVER Because the amount of money that they had denied me access to amounted to more than €60,000 they are due to pay me compensation for the difference in the exchange rate, along with interest in line with the amounts that they have paid other clients who had experienced the same problem, but with lesser amounts. The basic amount that I have calculated that I am down to date is €3472, but this is not taking into account any damages that you have caused to my health with all the worry, stress and lack of sleep that I suffered throughout all those months. N26, in public appear so concerned and eager to help but, when it gets down to one on one, they are crass and ignorant and just want to go over basics over and over again, no doubt handled by their AI bot! I could say so much more, as things don't seem to have changed much from when I was young during WWII. They are the same arrogant people! The bank now wants to start again, right from scratch and have now requested me to prove to them who I am with submitting a copy of my passport etc,, etc. as if they haven't been in contact with me at all over this time. They obviously have no intention of paying me anything. I am 85 years of age in a few months and it seems that they feel that I am fair game just as the German race did with old people in my youth, during WWII !!! So, if you have an account with them and everything is going fine, well, my problems with this bank are the same that hundreds of people who have suffered the same awful experience as myself. THEY ARE NOT TO BE TRUSTED !!! They are still blocking accounts to this day !!!

You can use this link to signup: ahsanfinance.com/n26

@@ahsanfinancei tried with this one but they ask me for a code

You can try: 46184 or 1469841038 if neither works then probably ignore it 😊