The Local IBAN system is nice. It's a feature a lot of people are waiting for, including me, and it would solve the IBAN Discrimination issue. Well, you won't fix the cause with this, but it makes it easier for the user.
However, it is not well thought through. The Local IBAN is based on your address, and not on the actual IBANS you are using. I live in Germany, but never switched to German IBAN's, due not wanting to lose the option to create Dutch IBAN's. Now if I want to create a German IBAN, I can't. It's not existent in the list of Local IBAN's. Only Dutch, French and Spanish.
Bunq should base the Local IBAN options on the actual IBAN's you are currently using, and not your address. I will not switch to German IBAN's. I only need one, which is still impossible.