[tixocloud]

The big risk for banks is that they need to know who you are and to a certain extent how to reach you if there ever was an investigation into your activities.

That being said, is there a way for a bank to always contact you? A bank designed for digital nomads would be a very interesting proposition for me given I'm in banking and am looking to discover new models.

[weddpros]

Yes, I think KYC is a problem with digital nomadism. All things administrative become a huge burden when you're travelling full-time, rent a furnished house in a tourist location without utility bills, etc.

Some banks are already trying to address such needs, like Monese (which I'm also using).

[tixocloud]

Thanks for the reference to Monese. What did you have to provide as part of KYC?

[weddpros]

Skype-like conversation in front of my passport + a european postal address... Their customer service has been very good.