Who can open a bunq Business account in Germany 🇩🇪

Hey bunqers 🌈

We have a straightforward acceptance policy designed to protect you and your business. Check out the requirements for opening a Business Account in France below.

Who can open an account?

Here are the basic conditions you need to meet in order to open a bunq business account:

You need to have a verified personal account with bunq.
You as a director cannot be a minor.
Your business needs to be legitimate and registered in Germany.
You must live permanently in the European Economic Area.
Your business should operate under one of the legal forms currently accepted by bunq. Find the full list here.
Your company’s corporate structure and activities should comply with bunq’s requirements. More details on this below.
Your business entity cannot have more than one account with bunq.
If your company has multiple trade names (under the same registration on the Chamber of Commerce) - you can effortlessly open a Bank Account with the different names like we explain here.
If the various layers of your company are registered as separate legal entities with the Chamber of Commerce (Handelskammer), each one would need its own Business accounts.
You cannot open a Business account if any UBOs or non-executives reside outside of the EEA.

Once we confirm the above-mentioned conditions are met, we need to determine whether your business entity is registered with the local Chamber of Commerce or, in specific situations, you are operating on a freelance basis. Depending on that, we require different documents in order to approve your account.

Please also keep in mind that as a bank, we are legally required to store all of our user’s personal information in a secure and protected way. If there is more than one director, we create personal accounts for each director of the business accounts. It allows us to keep your information and your company’s information safe while complying with regulations. Check out this topic for more information.

Legal forms and documents

In order to open a business account with bunq, you need to provide a legal form together with a few documents. We accept the following legal forms.

Eingetragener Kaufmann
Gesellschaft mit beschränkter Haftung
UG (haftungsbeschränkt)
Freiberufler
Gewerbetreibender
Gesellschaft Bürgerlichen Rechts
Einzelunternehmen
Teilrechtsfähiger Verband

Note: bunq Free is only available for the Eingetragener Kaufmann, Freiberufler, Gewerbetreibender, and Einzelunternehmen legal forms.

Based on the legal form of your business, we necessitate the following documentation:

Eingetragener Kaufmann
- Gewerbeanmeldung
Gesellschaft mit beschränkter Haftung
- Articles of Association (Gesellschaftsvertrag or Satzung)
- Joint Authorisation if the company has more than one director
- Chamber of Commerce (CoC) excerpt (in German: Handelsregisterauszug)
- Shareholders register (in German: Handelsregisterauszug)
- IDs of all directors and Ultimate Beneficial Owners (UBOs)
UG (haftungsbeschränkt)
- Articles of association
- Gewerbeanmeldung
- Joint Authorisation if the company has more than one director
- CoC excerpt
- Shareholders register (in German: Handelsregisterauszug)
- IDs of all directors and UBOs
Freiberufler
- Einkommensteuererklärung (alternatively, a Gewerbeanmeldung)
Gewerbetreibender
- Gewerbeanmeldung
Gesellschaft Bürgerlichen Rechts
- Partnership agreement
- Joint Authorisations
- IDs for all directors and UBOs
Einzelunternehmen
- Gewerbeanmeldung
Teilrechtsfähiger Verband
- Current Grundbuch (land register)
- Teilungserklärung (notarised deed defining division of the property)
- Appointment decision naming the Verwalter or, where applicable, the chair of the Verwaltungsbeirat
- Where the Verwalter is acting as the authorised representative, the Verwaltervertrag confirming their authority to manage and operate a bank account on behalf of the association

Please find more information on legal documents here.

Company activities

In accordance with our acceptance policy, we do not support all types of businesses and activities. You can find more information on activities and check whether your business activity meets the requirements here.

What IBAN will I get?

If you open an account in Germany with us, you will get a DE IBAN.

However, bunq also provides bunq Pro and bunq Elite users the option to open Local IBAN Bank Accounts, allowing you to obtain a French, Dutch, Irish, or Spanish one. Further information on how to open one can be found here.