Your safety and well-being are our priority. We have an acceptance policy in place to abide by legal regulations and follow some of our own risk standards as a company.
After you complete the sign-up process in 5 minutes, we'll quickly review your application. We assess each application individually to make sure every company is held to the same standard and fulfils all requirements.
bunq Easy Bank, Easy Money and Easy Green let you save time, so you can focus on what's truly important: your business. Wondering if you can sign up for a business account? Check out the requirements for opening an account 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.
- You need to run a legitimate business in Ireland.
- You need to be permanently residing in Ireland.
- 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, as well as the amount of passive income it generates should all 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 sub-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, each one would need its own Business accounts.
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.
- Sole Proprietorship
- Chamber of Commerce excerpt
Please find more information on legal documents here.
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.
We cannot accept your company if 50% or more of its gross income is passive income (includes dividends, interest, rental income, royalties).
Please find more information on this page.
bunq complies with EU and UN sanctions globally. Moreover, we make an individual assessment of each company based on our acceptance policy and risk appetite. For example, we do not accept very complex businesses with (very) high) transaction volumes. Hence, we reserve the right to not open an account or restrict the type of transactions we support.
How to open a new bunq business account?
Opening a new business account is quick and easy! Just follow the steps below:
- Go to the Home tab
- Tap on + Add accounts
- Select Business Account and follow the flow!
Ready to open your bunq Business account?
Sign up in 5 minutes and get one today! 🌈