Is Bunq crypto friendly?
Yes for retail through the Kraken-powered bunq Crypto tab, and for licensed CASPs on a fiat-only business account. Coins cannot leave the app.
CBL Score: 12 of 16
| Criterion | Score | Source |
|---|---|---|
| Accepts exchange transfers | partial (1) | source · checked 8 September 2026 |
| Stablecoin off-ramp | partial (1) | unverified |
| Business accounts for Web3 | partial (1) | source · checked 8 September 2026 |
| Custody | partial (1) | source · checked 8 September 2026 |
| Staking and yield | yes (2) | source · checked 8 September 2026 |
| Card | yes (2) | source · checked 8 September 2026 |
| Multiple jurisdictions | yes (2) | source · checked 8 September 2026 |
| Open to retail | yes (2) | source · checked 8 September 2026 |
Total 12 of 16. Yes scores 2, partial 1, no 0. A secondary source is press or a third party rather than the bank or its regulator. Unverified means no source could be found; the score stands until one is.
Score history
Scores are revised when a bank's documents change. Each revision is dated and sourced.
| 8 September 2026 | Staking and yield | no to yes | source |
Standing
| Jurisdiction | Netherlands |
| Type | Neobank |
| Health tag | Watch Repeat AML fines from the Dutch central bank. The 2025 fine is under appeal. · checked 26 August 2026 |
| P2P tolerance | Mixed Freeze reports cluster around 2021 and EMI-to-EMI transfer chains; since the 2025 Kraken integration its own crypto cash-outs are the intended use. Third-party P2P inbound remains the risk. · community-reported, separate from the score |
| Last verified | 14 September 2026 |
If they close your account
Closure policy: Partial
| Notice | Aims for at least two months' notice where possible; immediate closure is possible. |
| Reasons given | By category only (terms breach, security risk, missing documents). Terms violation or security risk. |
| Access to funds | For terms violations the remaining balance can be withdrawn immediately in the app. For security-risk closures a 30-day hold applies, extendable by 30 days if third parties make claims, and the final amount can be lower than the balance at closure. Crypto holdings are sold by bunq's trading partners, usually within 14 working days, and the proceeds follow the same rules. |
| Appeal | Not stated. |
| Names crypto as a ground for closure | no |
Sources: bunq help, Why was my account permanently closed? · official, checked 23 September 2026
A closure usually starts as a freeze. The Frozen Account Survival Kit covers the first 48 hours. Every bank side by side: which banks tell you why they closed your account.
What Bunq allows and blocks
Allowed
- Buy, sell and swap more than 300 coins inside the bunq app from EUR 1, with Kraken handling trading and custody
- bunq Crypto is open to verified personal account holders aged 18 or over in 30 EEA countries, from Austria to Sweden, including Iceland, Liechtenstein and Norway
- Flexible staking on 20 coins (ETH, SOL, ADA, DOT, TRX and others) with no lock-up, launched 25 September 2025
- Auto Round Up can sweep spare change from card payments into a chosen coin, settled to Kraken every Friday
- Sending euros by SEPA to a crypto exchange account in your own name is not on the prohibited activities list in the personal terms
- Business accounts for crypto companies authorised as CASPs under MiCAR: a Standard account for operating funds and an Omnibus account for holding client fiat
- Accepted CASP activities include fiat-to-crypto exchange, crypto-to-crypto exchange, licensed custody wallets, proprietary investing, payments, advisory, portfolio management and crypto funds
- bunq-as-a-Service, a banking-as-a-service platform on bunq's own licence, open to businesses across the EU since 23 June 2026, with crypto named among the target industries and Dutch Bitcoin platform Blockrise as the anchor partner
Blocked or restricted
- Coins bought through bunq Crypto cannot be withdrawn to an external wallet, and no inbound crypto deposits are offered
- bunq Crypto is personal-only: the pricing sheet lists the crypto transaction fee as n/a on every business plan
- Ordinary business accounts exclude crypto activities other than crypto consultancy, and 'unsupported cryptocurrency activities' is a listed reason for refusal
- Under the crypto business terms bunq rejects unlicensed fiat-crypto exchanges, mining and mining pools, ICOs and token issuance, and mixers or tumblers
- Only crypto companies registered with an EU supervisor (AFM for Dutch entities) are onboarded; a business account is refused if any UBO or non-executive lives outside the EEA
- bunq does not hold, safeguard or custody crypto for business clients; the crypto business account is fiat only
- Payments the risk engine flags as high-risk can be blocked, and the personal terms list actively trading or investing in unregulated investments as a prohibited use
- Any crypto still held when an account is terminated is liquidated by bunq
- No US or UK accounts yet: the OCC denied bunq's US bank charter application on 4 August 2026 (disclosed 7 August), and the UK EMI application is still pending
The Fine Print
- Banking for crypto companies, fiat only: bunq never holds or touches crypto itself, your account is the money side of a licensed crypto business.
- Licensed players only: MiCAR-authorised CASPs exclusively, and losing the licence is immediate grounds for termination.
- Serious fees: EUR 2,499 onboarding, EUR 499 to 4,999 monthly compliance, and the monthly fee is higher when your balance is below EUR 2M, not above.
- Movement is supervised: EUR 1M daily payment limit by default, paid limit increases capped at four weeks, and EUR 10M+ moves need a day's notice.
- Bad press is a termination ground, liability is capped at 12 months of fees, and mining, ICO issuers and mixers are refused outright.
Crypto business terms (1 Sep 2025) · checked 8 Sep 2026 · source
Opening an account
- Personal accounts open in the app in under five minutes for residents of the EEA countries bunq serves; bunq Crypto then needs a verified account, a verified residential address and age 18 or over
- Accepted ID is a passport, a plastic national ID card, a plastic EU driving licence or a valid EU residence permit card; photocopies and scans are refused, and non-EU nationals must use a passport from a listed set of countries
- Business accounts are for companies registered in the Netherlands, Belgium, France, Germany, Austria, Spain, Italy, Ireland or Portugal, with all UBOs resident in the EEA; expect to supply the registry extract, articles, UBO ID, proof of residence and financial reports on request
- Crypto companies must show MiCAR CASP authorisation (or a valid transitional regime), complete a questionnaire on the company, directors and users, and go through the Crypto Desk (cryptodesk@bunq.com); a EUR 2,499 onboarding fee applies
- No minimum balance is published. The Free plan costs nothing, and the typical rejection is a crypto firm without a licence or a company with a non-EEA owner
Fees that matter
- Plans (pricing sheet dated 27 August 2026): personal Free EUR 0, Core EUR 3.99, Pro EUR 9.99, Elite EUR 18.99 a month; business Free EUR 0, Core EUR 7.99, Pro EUR 13.99, Elite EUR 23.99
- Crypto trades cost 1.99% on Free, 0.99% on Core, 0.49% on Pro and 0.25% on Elite, plus the market spread; bunq keeps 25% of staking rewards as commission
- Card spending in foreign currency uses the Mastercard rate plus a 0.5% currency fluctuation charge; incoming SWIFT or Fedwire payments cost EUR 5 (EUR 10 if the beneficiary pays), other non-SEPA inbound payments EUR 0.70 personal or EUR 0.99 business
- Crypto business accounts pay EUR 2,499 onboarding, a monthly compliance fee of EUR 499 if the prior quarter's average balance exceeds EUR 2 million and EUR 4,999 if not, a EUR 2,499 annual review fee from year two, EUR 250 per payment limit increase, and 0.025% per transaction on Omnibus accounts
Regulatory history
| 2014 | DNB granted bunq B.V. a banking licence on 17 September 2014; the bank is listed in the DNB public register under relation number R127999 with payment services and e-money issuance from the same date. source |
| 2022 | On 18 October 2022 the Trade and Industry Appeals Tribunal (CBb) ruled in bunq's appeal against DNB: it accepted bunq's technology-led transaction monitoring under the Wwft, while upholding DNB's findings on source-of-funds checks and UBO identification. source |
| 2025 | DNB fined bunq EUR 2.6 million on 6 May 2025 for AML failings between January 2021 and May 2022 in four customer files; DNB rejected bunq's objection on 14 October 2025 and bunq lodged an appeal on 24 November 2025. source |
| 2026 | bunq filed a de novo national bank charter application with the OCC on 7 January 2026, its second US attempt after withdrawing a 2023 application. The OCC denied it on 4 August 2026 (disclosed by bunq 7 August), citing supervisory and compliance concerns and a business plan it found unsupported. No penalty was imposed and the decision does not bar a future application. source |
| 2026 | bunq applied to Mexico's banking regulator CNBV on 13 May 2026 for a full banking licence as an Institución de Banca Múltiple, its first move into Latin America. The application is pending. source |
See a mistake? Email hi@cryptobanklist.com. Every factual correction is logged on our corrections page.
Questions about Bunq
Can I buy crypto in the bunq app?
Yes. bunq Crypto lets verified personal customers aged 18 or over buy, sell and swap more than 300 coins from EUR 1. Kraken runs the trading and holds the coins. The fee depends on your plan: 1.99% on Free down to 0.25% on Elite, plus the spread. It is available in 30 EEA countries but not on business accounts.
Can I withdraw my bunq crypto to my own wallet?
No. Coins bought in the app stay in Kraken custody. You can sell them back to euros in your bunq account or swap them for another coin, but there is no transfer to an external wallet and no way to deposit crypto from outside.
Does bunq let me send money to Kraken or Coinbase?
bunq's personal terms do not name exchanges as a prohibited destination, so a SEPA transfer to an exchange account in your own name is not banned on paper. bunq does block payments its risk engine flags as high-risk, and the terms list active trading in unregulated investments as a prohibited use. Treat large or repeated exchange transfers as something that may be paused for questions.
Does bunq open business accounts for crypto companies?
Only for companies authorised as a CASP under MiCAR and registered with an EU supervisor. The account is fiat only, with a EUR 2,499 onboarding fee and a monthly compliance fee of EUR 499 or EUR 4,999 depending on your average balance. Unlicensed exchanges, miners, token issuers and mixers are refused, and ordinary business plans exclude crypto activity altogether.
Closest alternatives
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