Can a German Business create a Spanish sub-account?

Jens-Azure-Shark

Hi 👋,

if I create a German bunq Business account, can my business create sub-accounts with an IBAN for a different country like you can do with a personal account?

Thank you for your help :)

Gianguig

Jens
Hi 🙌 Jens,
I do not think, if you business is not based in Spain, you can open a loca Spanish bank sub account.
These two knowledge base article are quite extensive:

https://together.bunq.com/d/45249-spanish-ibans-hola-espana/2

https://together.bunq.com/d/45253-local-ibans

I see 👀 that only "Personal" plans are mentioned.
I checked also on the T&Cs for both Personal and Business accounts, and for Personal I see mention for Local IBAN but no mention on the Business one:

T&C Personal 🙋🏻‍♂️
T&C Business 🏭

Maybe, if someone from bunq sees these postings can either comment and maybe get clarifications added to the FAQ documents and T&Cs for future ease of reference ✅

I hope 🙏 this helps 🛟
Have a great day 🌈
GG