Software Comparison
Bunq Business vs N26 Business - Irish business-banking Software Compared
Choosing between Bunq Business and N26 Business is one of the most common decisions Irish businesses face when evaluating business-banking software. This comparison breaks down everything an Irish SME needs to know, from Revenue integration and GDPR data residency to pricing and ease of use.
Last verified: 25 May 2026 data verified to the older of the two vendor profiles Methodology
Quick Verdict
Bunq Business wins for Irish SMEs that need a current account with genuine Irish (IE) IBAN issuance, multi-currency reach across the EU, and the ability to carve up balances across up to 25 sub-accounts each with their own IBAN - useful for VAT holding, payroll, and project segregation without opening separate banking relationships.
Bunq Business vs N26 Business - Feature Comparison
| Feature | Bunq Business | N26 Business |
|---|---|---|
| Irish IBAN Support | Yes - Irish (IE) IBAN issued to Ireland-resident business customers, with optional additional NL, DE, FR, and ES IBANs on the same account. | No - German (DE) IBAN only. No Irish (IE) IBAN issued. |
| Eligible Business Types (Ireland) | Available to registered Irish companies including limited companies, sole traders, and partnerships. | Restricted to sole traders and freelancers in Ireland. Limited companies are generally not supported. |
| Sub-Accounts | Up to 25 sub-accounts each with their own unique IBAN - supports VAT segregation, payroll holding, and project budgeting. | No multi-IBAN sub-account architecture. |
| Irish Bank Feeds | Not available. API and Zapier access on Pro and Elite plans provide a partial workaround. Over 50 bookkeeping integrations published. | Not available. CSV export supported. Irish-focused accounting integrations are limited. |
| SEPA Support | SEPA Credit Transfer and SEPA Direct Debit supported. 100 free transfers on Core, 250 on Pro, 500 on Elite, then EUR 0.13 per transfer. | SEPA Credit Transfer and SEPA Direct Debit supported. Transfer allowances vary by tier. |
| Deposit Protection | Dutch Deposit Guarantee Scheme (DNB) up to EUR 100,000. Not the Irish Deposit Guarantee Scheme. | German Deposit Protection Scheme (BaFin) up to EUR 100,000. Not the Irish Deposit Guarantee Scheme. |
| Revenue and PAYE Modernisation | No Revenue ROS integration. No PAYE Modernisation support. Current account only. | No Revenue ROS integration. No PAYE Modernisation support. Current account only. |
| Pricing | ||
| Starting Price | From €7.99/month | Free tier available |
| Free Trial | ✓ | ✓ |
| Irish Compliance | ||
| Revenue Integration | ✗ | ✗ |
| PAYE Modernisation | ✗ | ✗ |
| Irish Bank Feeds | ✗ | ✗ |
| GDPR Data Residency | EU | EU |
| SEPA Direct Debit | ✓ | ✓ |
| Irish IBAN Support | ✓ | ✗ |
| VAT Handling | ✗ | ✗ |
Irish Compliance Comparison
For Irish businesses, compliance with Revenue, GDPR, and local banking standards is non-negotiable. Here is how Bunq Business and N26 Business compare on the requirements that matter most to Irish SMEs.
Revenue Integration
Neither Bunq Business nor N26 Business offers native Revenue Online Service integration. Irish businesses in business-banking may not need this feature directly, but should ensure their accounting software handles Revenue compliance separately.
Irish Bank Feeds
Bunq Business supports SEPA Credit Transfer, SEPA Direct Debit. N26 Business supports SEPA Credit Transfer, SEPA Direct Debit. Both support the same Irish banks, so bank compatibility is not a deciding factor here.
GDPR Data Residency
Both Bunq Business and N26 Business store data in EU data centres, providing strong GDPR compliance out of the box. Irish businesses can use either platform without worrying about cross-border data transfers to the US or other non-EU jurisdictions.
SEPA and IBAN Support
Both Bunq Business and N26 Business support SEPA Direct Debit and Irish IBAN format. This means you can process euro payments, set up direct debits, and handle bank transfers in the standard European format without any manual workarounds.
VAT Handling
Neither Bunq Business nor N26 Business handles Irish VAT directly. This is expected for business-banking tools - your accounting software should manage VAT compliance.
Pricing Comparison
All prices below are in euro. Pricing can change - we verify vendor pricing monthly, but always confirm on the vendor's website before purchasing.
Bunq Business
€7.99 /mo
- Pricing model: Flat rate
- Free trial: Yes
- EUR pricing guaranteed: Yes
N26 Business
Free
- Pricing model: Flat rate
- Free trial: Yes
- EUR pricing guaranteed: Yes
N26 Business does not publish entry-level pricing - request a quote directly. Total cost of ownership depends on users, plan tier, add-ons and features, so always calculate the full annual cost for your team size before committing.
Who Should Choose Bunq Business
Bunq Business is the better fit if your business matches one or more of these profiles:
- ✓ Those who prioritise user satisfaction - Bunq Business has a higher editorial rating (3.8/5)
- ✓ Those who value: irish (ie) iban available to ireland-resident business customers
- ✓ Those who value: up to 25 sub-accounts with their own ibans for vat, payroll, project segregation
Who Should Choose N26 Business
N26 Business is the better fit if your business matches one or more of these profiles:
- ✓ Those who value: clean mobile-first user experience
- ✓ Those who value: german deposit protection up to eur 100,000
- ✓ Those who value: free standard tier for sole traders
Our Verdict
Bunq Business wins for Irish SMEs that need a current account with genuine Irish (IE) IBAN issuance, multi-currency reach across the EU, and the ability to carve up balances across up to 25 sub-accounts each with their own IBAN - useful for VAT holding, payroll, and project segregation without opening separate banking relationships. N26 Business is limited to sole traders and freelancers in Ireland and issues only a German (DE) IBAN, which can cause friction with Irish counterparties who expect an IE sort code format. Neither vendor offers Revenue ROS integration, PAYE Modernisation support, or direct bank feeds into the main Irish accounting platforms such as Xero, Sage, or BrightBooks, so both require manual CSV export or third-party connectors for Irish compliance workflows.
Bunq's Pro and Elite plans add API and Zapier access that can partially bridge that gap, whereas N26 offers CSV export only. Both are supervised by EU regulators under passporting arrangements rather than by the Central Bank of Ireland directly, and both hold deposits under non-Irish guarantee schemes - Bunq under the Dutch DGS and N26 under the German scheme - each covering up to EUR 100,000. For the typical Irish SME with more than one employee or operating as a limited company, Bunq Business is the clearer choice; N26 remains viable only for sole traders comfortable with a German IBAN and a lightweight, mobile-only setup.
Ultimately, the best choice depends on your specific business needs, team size, and priorities. We recommend taking advantage of free trials from both vendors before making your final decision. If you are working with an Irish accountant or payroll bureau, ask which platform they prefer - their familiarity with the software can save you significant time and hassle during setup and ongoing support.
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