Is your child not 18 years old yet, but still wants to open a bunq account? That’s possible! 😄
Minors can easily open their own account as long as they have the approval of their parent or legal guardian. Why? As a bank we need to comply with the laws and regulations, and following these guidelines the legal guardian is responsible for the minor's account.
We are working to make sure that our accounts are available for any minor in Europe but for now, this is not available in Germany, France, and Spain due to a different signup process that we have in these countries. More information about it can be found here.
We will make sure to let y’all know when this changes! 🚀
What do you need to open an account?
First of all, we need an ID document from the child itself. Secondly, the parent or legal guardian has to have a bunq personal account.
From now you can invite your child by following this simple process:
- Open the bunq app
- Head to the Community tab
- Select “Invite a Friend - Get 10 trees by introducing your friend to bunq”
- Click Invite Friends
- Share your link!
When signing up and providing personal info, your child will be asked to mention their parent. You'll need to confirm you're allowing them to have the account. Once reviewed and approved by the bunq team, your child can enjoy their personal account.
If you want to keep an overview on your child’s transactions and expenses, you can always connect their account to yours. To learn how, check this topic.
If you instead don’t want your child to have their own account, you can always open a monetary account for them within your user account.
What documents do we accept as a proof of relation with your guardian?
Currently, we accept the following types of documents:
- Birth certificate
- Adoption documents
- Court order establishing custody
- Court order establishing guardianship
- Official document issued by Government or Embassy that clearly states name of the guardian, name of the minor and their relation
Dutch residents 🇳🇱 can request a birth certificate here for free and also find more information on this page.