Post
Topic
Board Service Discussion
Re: [LIST] Free EU bank accounts that you can be opened directly online
by
freespirit
on 26/05/2018, 11:52:20 UTC
Hi,

Does anyone know if any of these online banks can accept big amounts of fiat currency, like 1 million dollars?
I have an account with IBAN at Monese but I heard they had problems with big money transmission...
Thank you!

Monese limits your balance to €40k.

So 1M transfers are out of question. In any case 1M transfers on free online based accounts is crazy talk.

I've receiving regular €5k transfers on Monese and it's working fine so far.

It's the most reliable account I had up to this date. I hope they continue like this.
Bunq. https://together.bunq.com/topic/ingoingoutgoing-transfer-limits
Quote
What you could do in that case (even if it's not ideal) is create 6-10 accounts in your Premium user account. These can all transfer 50.000 per day and this way you can make the 300-500k transfer 👍