Money & Banking
Banking
bunq
I just arrived in Spain and need a bank account — but I don't have a NIE yet.
bunq is a digital bank that lets you open a Spanish IBAN account without a NIE or TIE for the first 90 days.
Why it rocks
- ✓The only major neobank that doesn't require a NIE or TIE at sign-up
- ✓Three sub-accounts on the free tier for keeping spending, savings, and bills separate
- ✓Bizum supported (on paid plans) — works with the Spanish payment system everyone uses
- ✓Useful from the moment you land, before Spanish bureaucracy has had time to catch up
Heads up
- ✗Bizum requires a paid plan (Core or above) — not available on the free tier
- ✗Free plan caps no-fee foreign spending at €1,000/year
Cost: Free entry tier. Full plans from €4.99/month.