Bunq Business

Overview

Bunq Business is a digital business bank operated by bunq B.V., a Dutch credit institution supervised by De Nederlandsche Bank (DNB) and passported across the EU. Bunq is available to businesses registered and resident in Ireland and issues Irish (IE) IBANs to Irish business customers via its local-IBAN architecture, alongside the option of NL, DE, FR, or ES IBANs on the same account. Each business account supports up to 25 separate sub-accounts, each with its own unique IBAN - useful for VAT segregation, payroll holding, supplier escrow, and project budgeting without opening multiple banking relationships. Bunq publishes a sustainability programme that plants a tree for every EUR 100 spent on a bunq card, alongside socially-responsible investing exclusions and annual ESG reporting. Deposits are protected up to EUR 100,000 under the Dutch Deposit Guarantee Scheme rather than the Irish Deposit Guarantee Scheme. Bunq advertises 50-plus bookkeeping integrations and provides API plus Zapier access on the Pro and Elite tiers, though direct bank feeds into the dominant Irish accounting platforms are less mature than Revolut Business. Bunq Business is best suited to ESG-conscious Irish SMEs, cross-border operators who need multi-currency and multi-country IBANs in one place, and finance teams that want sub-account architecture for cleaner reconciliation.

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