Your company or organization is eligible to open an account if:
You're headquartered within the European Economic Area
Your business has one of these legal forms: eenmanszaak (sole proprietorship, including freelancers and self-employed), BV, VOF, maatschap, CV or VvE (homeowners’ association).
We also look at what your business does. Our payment partner Swan has to follow the rules of regulators, banks and payment networks. That’s why we don’t accept businesses in certain industries.
Which industries don’t we accept?
Adult entertainment and sexual services
Adult entertainment
Prostitution and escort services
Crypto and digital value
Crypto-asset service providers, such as trading, exchanging, storing or managing crypto
Crypto ATMs
Crypto mixing
NFTs
Video games with an in-game currency, including metaverse activities
Financial and payment services
Unlicensed payment and money service providers
Money remittance
Currency exchange and foreign exchange trading (FOREX)
Crowdfunding and crowdlending
Microfinance
Issuing or reselling e-money vouchers, prepaid cards or gift cards
Online escrow and online money pot services
Debt collection agencies
Cheque cashing
Pawn shops
Proprietary trading
Unlicensed financial advice
Shell banks
Trust and offshore company service providers
Company domiciliation services
High-value goods and trade
Wholesale of uncut gemstones or unrefined precious metals
Counterfeit goods
Freeports and bonded warehouses
Extractive, chemical and high-impact industries
Oil and gas extraction, refining, transport and distribution
Coal mining and coal-fired power generation
Mining and other extractive industries
Nuclear and radioactive material
Polluting chemicals
Palm oil production
Pulp and paper production
Scrap metal dealing
Tobacco production and wholesale
Cultivation, production and distribution of cannabis and raw CBD
Illegal or unapproved drugs and medicines
Commodity inspection
Gambling and other business models
Gambling, including casinos, sports betting and prediction markets
Multi-level marketing and pyramid schemes
Get-rich-quick schemes
Door-to-door sales
Call shops and internet cafés
Sects and esoteric activities
Organisations known as sects
Psychic readings, hypnosis, astrology, tarot and other esoteric activities
Weapons, defence and military activities
Weapons production and sale
Defence contractors
Armament research, development and procurement
Military technology and equipment
Military activities
⚠️ This list isn’t exhaustive and may change. Even if your organisation is eligible, we assess every application individually, so eligibility doesn’t guarantee your account will be approved.
Got questions?
Feel free to reach out, we’re happy to help!
Email: [email protected]
Phone: +31 20 80 88 020