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by jonp888
1548 days ago
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It is however, as they state quite clearly on their website, not a bank, but an e-payments provider which 'does things differently', including as mentioned on the thread, giving it's users bank accounts numbers based in a different country to where they actually live. In theory this shouldn't lead to problems, but in practice it often does. So I suspect a lot people, seeing this, will roll their eyes and say "whatever, get a real bank account and try again". |
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This is actually not meaningfully different: the 2 countries in question are both EU countries, and as long as you're an EU resident, you can register for a bank account in another country without problems (I know because I've done it with another provider... With a real bank account, btw which provides me the 100000€ guarantee in case that they'd go bust)
Of course, that's not saying that things are always perfectly smooth (I know that some Italian banks have issues to set up standing orders to other EU bank accounts, and the Italian bureaucracy itself expect you to declare and pay taxes just for the privilege of having a bank account elsewhere in the EU)