What is Shared Access and how to use it?

Marc-Green-Llama

Hey bunqers 🌈,

With Shared Access, bunq Core, Pro, and Elite users can grant others access to their Bank Account without making them account owners. Once the invitee accepts the invitation, they’ll be able to view transactions, make payments, top up the account, and even connect their own card to it.

How does Shared Access work?

Go to the 🏠 Home tab
Select your Bank Account
Tap on ⚙️ Settings
Tap on “Granted Access To”
Choose your buddy 🤝

Important note: To make shared finances clearer and more transparent, anyone you invite (or have invited) to share a Bank Account will see the complete transaction history of that account since the day it was created. You can learn more on the matter here 🙌

What is the difference between a Joint account and Shared Access?

A Joint account is owned by multiple people, meaning the account is legally in all their names.

With Shared Access, you stay the account owner while giving someone access to manage the account. They can use it, but they don’t legally own it.

How can I cancel Shared Access?

Go to Home tab
Select your Bank Account
Tap on ⚙️ Settings
Tap on “Granted Access To”
Select and cancel the Shared Access

Good to know

bunq Free users can accept Shared Access invitations but can’t grant access to their own Bank Accounts.
Invitees must accept a Shared Access request before they can start using the account.
Invitees can link their personal card to the Shared Access account.
The account owner is responsible for the entire balance of the Shared Access account when it comes to tax authorities.
If a card is linked to a Shared Access account, transaction and withdrawal fees are charged to the account owner, not the cardholder.
You can’t share access between two Business Accounts - only Personal to Personal or Business to Personal sharing is allowed.
If the invitee isn’t verified, they may experience issues in the app. It’s best for them to verify first.
iDEAL payments aren’t available for Shared Access users, as they require approval from the account owner.
Invitees can’t schedule payments from a Shared Access account.
Shared Access accounts count toward your Bank Accounts limit, based on
your plan.