🌍 The Best Bank Accounts in Europe for International Travelers and Expats (2025 Edition)
Finding a reliable, low-fee bank account in Europe can be surprisingly difficult for travelers and expats. Many traditional banks still require local residency, paper documentation, or even in-person appointments.
Luckily, a new generation of digital banks and multi-currency accounts make it easy to open an account online — even before arriving in the EU.
Below are the top European banks and fintechs trusted by expats, freelancers, and frequent travelers in 2025.
💳 1. Wise (formerly TransferWise) — Best for global transfers
Why we like it:
Wise offers a true multi-currency account with local bank details in EUR, GBP, USD, AUD, and more. Perfect for digital nomads or anyone earning money internationally.
Key features:
- Hold and convert 40+ currencies instantly
- Real mid-market exchange rates
- Local bank details in 10 countries
- Free debit card for spending abroad
Fees:
0.35–0.45% per transfer on average. No monthly fees.
👉 Best for: freelancers, remote workers, and travelers moving between EU and non-EU countries.
👉 Open account: Join Wise (affiliate link)
💼 2. Revolut — Best all-round digital bank for lifestyle and travel
Why we like it:
Revolut is Europe’s most popular fintech bank — sleek, fast, and ideal for everyday payments, investments, and travel perks.
Key features:
- Instant virtual cards and Apple Pay / Google Pay
- Free FX exchanges up to €1,000 per month
- Metal card with travel insurance
- Junior accounts for families
Fees:
Free plan available. Premium plans from €7.99/month.
👉 Best for: everyday spending, travel insurance, and cashback perks.
👉 Open account: Join Revolut
🏦 3. N26 (Germany) — Best for EU-based expats
Why we like it:
N26 is a fully licensed German bank with IBAN accounts valid across Europe. It’s a great option for residents or long-term expats.
Key features:
- Free European IBAN
- Real-time notifications and sub-accounts
- Works perfectly for receiving EU salaries
- Strong integration with tax and budgeting tools
Fees:
Free “Standard” account. Smart and Metal plans from €4.90/month.
👉 Best for: EU residents, students, and long-term expats.
👉 Open account: Join N26
💰 4. Bunq (Netherlands) — Best eco-friendly bank
Why we like it:
Bunq calls itself “The Bank of The Free.” It’s a sustainability-focused European neobank offering sub-accounts, instant payments, and travel features.
Key features:
- Up to 25 sub-accounts (each with its own IBAN)
- Instant SEPA and SWIFT transfers
- Carbon offsetting with every transaction
- Travel card usable worldwide
Fees:
From €2.99/month.
👉 Best for: eco-conscious travelers and business owners.
👉 Open account: Join Bunq
🌐 5. Monese (UK) — Best for quick onboarding and simplicity
Why we like it:
Monese is one of the easiest accounts to open — no proof of address, perfect for newcomers to Europe or temporary visitors.
Key features:
- UK and Euro IBANs
- Fast verification (under 10 minutes)
- Simple budgeting app
- Works well with PayPal and Amazon
Fees:
Free plan available. Premium from €5.95/month.
👉 Best for: newcomers and travelers without a permanent address.
👉 Open account: Join Monese
✈️ Bonus Tip: Combine Two Banks
For maximum flexibility:
- Use Wise for holding and sending money internationally.
- Use Revolut or N26 for daily payments, ATM withdrawals, and salary deposits.
This combo covers both currency conversion + daily usability with minimal fees.
⚙️ How to Choose the Right European Bank Account
| Criteria | Why It Matters |
|---|---|
| Residency requirements | Some banks require EU ID, others accept passports. |
| Currencies supported | Ideal if you earn in USD or GBP but live in Europe. |
| Transfer fees | Can vary 0.2–1.5% — check before moving large amounts. |
| ATM withdrawals | Some banks limit free monthly withdrawals. |
| Insurance & perks | Premium plans often include travel insurance. |
✅ Final Thoughts
If you’re an international traveler or expat in Europe, go digital.
Wise and Revolut dominate for global movement of money, while N26 and Bunq shine for residents and professionals.
Start with one free account, test the features, and keep a second as backup — that’s the expat way to stay flexible, safe, and fee-free in 2025.