Go Back   English Forum Switzerland > Help & tips > Finance/banking/taxation  
Reply
 
Thread Tools Display Modes
  #1  
Old 21.09.2015, 15:42
Forum Veteran
 
Join Date: Feb 2012
Location: Zürich
Posts: 914
Groaned at 3 Times in 3 Posts
Thanked 520 Times in 315 Posts
ChrisNeedsToKnow has a reputation beyond reputeChrisNeedsToKnow has a reputation beyond reputeChrisNeedsToKnow has a reputation beyond reputeChrisNeedsToKnow has a reputation beyond repute
number26 [German Online banking]

number26.de is a German current account. It can only be opened with a German address, so ask your friends/sister/aunt to use theirs, if possible.

Usually they want an invite code, which you get only after waiting a few days. With below link it's possible to sign up immediately, but not sure how long this will work.

https://number26.de/ (EDIT: This is not an affiliate link, at least I don't earn or get anything through this! I found this on another forum.)

Rgds, Christian

Last edited by mirfield; 21.09.2015 at 16:12. Reason: Removed URL shortner (and affliliate code)
Reply With Quote
  #2  
Old 21.09.2015, 15:48
22 yards's Avatar
Only in moderation
 
Join Date: Jul 2009
Location: Basel-Land
Posts: 8,347
Groaned at 244 Times in 197 Posts
Thanked 15,465 Times in 6,388 Posts
22 yards has a reputation beyond repute22 yards has a reputation beyond repute22 yards has a reputation beyond repute22 yards has a reputation beyond repute22 yards has a reputation beyond repute22 yards has a reputation beyond repute
Re: number26

Is this a good/desirable thing to have? Do we need to have German current accounts?

How is this better than opening an account in the branch of some reputable German bank that people have heard of?
Reply With Quote
  #3  
Old 21.09.2015, 15:57
Forum Veteran
 
Join Date: Feb 2012
Location: Zürich
Posts: 914
Groaned at 3 Times in 3 Posts
Thanked 520 Times in 315 Posts
ChrisNeedsToKnow has a reputation beyond reputeChrisNeedsToKnow has a reputation beyond reputeChrisNeedsToKnow has a reputation beyond reputeChrisNeedsToKnow has a reputation beyond repute
Re: number26

I guess a native EUR-account is sort-of desirable to be able to pay 1:1 throughout the €-zone. For example when shopping in Germany, but also when holidaying Spain, Italy, France or Austria.

Usually DKB is "the next big thing", but they occasionally refuse people. These guys here offer a free MasterCard with the account, which can be used to withdraw and pay, free of charge, worldwide (they advertise to use interbank rates without markup, I didn't test yet). Also they are unlikely to refuse anyone, because it's strictly credit based.

Just wanted to mention the link for immediate account opening. Not sure if these guys are super-desirable, but if all you need is an occasional €-transaction I guess they fit the need quite nicely?
Reply With Quote
  #4  
Old 21.09.2015, 15:58
Dougal's Breakfast's Avatar
Forum Legend
 
Join Date: Nov 2007
Location: Ostschweiz
Posts: 17,846
Groaned at 1,114 Times in 866 Posts
Thanked 48,077 Times in 14,836 Posts
Dougal's Breakfast has a reputation beyond reputeDougal's Breakfast has a reputation beyond reputeDougal's Breakfast has a reputation beyond reputeDougal's Breakfast has a reputation beyond reputeDougal's Breakfast has a reputation beyond reputeDougal's Breakfast has a reputation beyond repute
Re: number26

You'd be better using the Central Acquisition Saving House, which I'm happy to administer for you. Just send me a cheque payable to the recipient above and I'll do the rest. In fact, to save time, you don't even need to write it in full - just write the initials. The bank will know what to do with it.


Cheers,


DB
Reply With Quote
This user would like to thank Dougal's Breakfast for this useful post:
  #5  
Old 21.09.2015, 16:17
Forum Veteran
 
Join Date: Feb 2012
Location: Zürich
Posts: 914
Groaned at 3 Times in 3 Posts
Thanked 520 Times in 315 Posts
ChrisNeedsToKnow has a reputation beyond reputeChrisNeedsToKnow has a reputation beyond reputeChrisNeedsToKnow has a reputation beyond reputeChrisNeedsToKnow has a reputation beyond repute
Re: number26

With the moderator having edited my post, this thread is senseless now.

This was never an affiliate link, the link I posted only allowed to sign up immediately as compared to having to wait for a week.

Obviously I´m not even going to try to change it back. PM me if you want it.
Reply With Quote
  #6  
Old 21.09.2015, 16:19
jacek's Avatar
Forum Legend
 
Join Date: Oct 2007
Location: Aargau
Posts: 8,054
Groaned at 105 Times in 80 Posts
Thanked 5,539 Times in 3,118 Posts
jacek has a reputation beyond reputejacek has a reputation beyond reputejacek has a reputation beyond reputejacek has a reputation beyond reputejacek has a reputation beyond reputejacek has a reputation beyond repute
Re: number26

You certainly almost had me there, until few seconds later an email came in

The wealthiest people in the world
are now the mosted stressed ones...

A 18 year old student has hacked
their private money making software
and is sharing it with the less fortunate

>> View the video he had posted online

Everyone is still trying to figure out who
the 18year old student is, but all we know
now is that he uses the name "Robin Hood"

>> View his system and his website here <<

Perhaps you could still sign up!
But hurry! More and more people
are trying to get in as we speak!

Marcianna Benson
__________________
🎾That's what we do to help English speaking expats community in Switzerland:
General Information About Swiss Tennis
Tennis Lessons Summer Winter Seasons
🎾🎾Our charity organization to help unprivileged kids to realize their dreams:
FMTF Supports Tennis For Children in Southern Africa
Reply With Quote
  #7  
Old 21.09.2015, 16:21
mirfield's Avatar
Moddy McModface
 
Join Date: Apr 2007
Location: North Yorkshire
Posts: 8,715
Groaned at 54 Times in 48 Posts
Thanked 9,531 Times in 3,518 Posts
mirfield has a reputation beyond reputemirfield has a reputation beyond reputemirfield has a reputation beyond reputemirfield has a reputation beyond reputemirfield has a reputation beyond reputemirfield has a reputation beyond repute
Re: number26

Quote:
View Post
With the moderator having edited my post, this thread is senseless now.

This was never an affiliate link, the link I posted only allowed to sign up immediately as compared to having to wait for a week.

Obviously I´m not even going to try to change it back. PM me if you want it.
An affiliate code from a random stranger on the internet is no better than an affiliate code from you. We don't allow them, and we don't allow obfuscated or click-tracking URLs. These rules are for the protection of the forum and its members.

Once you've joined, you can invite whoever you like.
Reply With Quote
This user would like to thank mirfield for this useful post:
  #8  
Old 21.09.2015, 16:23
Ace1's Avatar
A singular modality
 
Join Date: Sep 2011
Location: Morgins, VS
Posts: 7,349
Groaned at 228 Times in 170 Posts
Thanked 11,835 Times in 5,220 Posts
Ace1 has a reputation beyond reputeAce1 has a reputation beyond reputeAce1 has a reputation beyond reputeAce1 has a reputation beyond reputeAce1 has a reputation beyond reputeAce1 has a reputation beyond repute
Re: number26

I don't get it. If you need a German address in what way is it different from a real German Bank account?
Reply With Quote
This user would like to thank Ace1 for this useful post:
  #9  
Old 21.09.2015, 17:06
22 yards's Avatar
Only in moderation
 
Join Date: Jul 2009
Location: Basel-Land
Posts: 8,347
Groaned at 244 Times in 197 Posts
Thanked 15,465 Times in 6,388 Posts
22 yards has a reputation beyond repute22 yards has a reputation beyond repute22 yards has a reputation beyond repute22 yards has a reputation beyond repute22 yards has a reputation beyond repute22 yards has a reputation beyond repute
Re: number26

Quote:
View Post
I don't get it. If you need a German address in what way is it different from a real German Bank account?
'Zackly my point, above. And if you want a Euro account "to be able to pay 1:1 throughout the €-zone. For example when shopping in Germany, but also when holidaying Spain, Italy, France or Austria", why not open one at a Swiss bank? They all offer them.
Reply With Quote
This user would like to thank 22 yards for this useful post:
  #10  
Old 21.09.2015, 17:21
Forum Veteran
 
Join Date: Feb 2012
Location: Zürich
Posts: 914
Groaned at 3 Times in 3 Posts
Thanked 520 Times in 315 Posts
ChrisNeedsToKnow has a reputation beyond reputeChrisNeedsToKnow has a reputation beyond reputeChrisNeedsToKnow has a reputation beyond reputeChrisNeedsToKnow has a reputation beyond repute
Re: number26

OK, sorry, wouldn't have created the thread had I known what happens in here.

It´s just a free account, which the German press has widely covered for being free AND being the first account ever which can be opened completely online within a few minutes of receiving an invite code, which can take up to a week.

I agree, above advantages might not be overwhelming, but that lies in the eye of the beholder.

In other forums I saw people being pretty happy to have the wait shaved off, so I thought it's worth re-posting. Obvisouly I was mistaken. Sorry about that.

May I state that the link I gave definitely wouldn't have given me any advantage. I wouldn't post anything like that.

I do agree it would probably have allowed the bank to track where customers come from, and this would've indicated a totally different forum/website than this one here. I assumed it's still worthwhile because of the no-wait-advantage. But again, I was wrong and sorry about that.

Last edited by ChrisNeedsToKnow; 21.09.2015 at 17:45.
Reply With Quote
  #11  
Old 21.09.2015, 17:42
Ace1's Avatar
A singular modality
 
Join Date: Sep 2011
Location: Morgins, VS
Posts: 7,349
Groaned at 228 Times in 170 Posts
Thanked 11,835 Times in 5,220 Posts
Ace1 has a reputation beyond reputeAce1 has a reputation beyond reputeAce1 has a reputation beyond reputeAce1 has a reputation beyond reputeAce1 has a reputation beyond reputeAce1 has a reputation beyond repute
Re: number26

Quote:
View Post
OK, sorry, wouldn't have created the thread had I known what happens in here.

It´s just a free account, which the German press has widely covered for being free AND being the first account ever which can be opened completely online within a few minutes of receiving an invite code, which can take up to a week.
Well if you'd said that in the first place the reactions might have been slightly different.
Reply With Quote
This user would like to thank Ace1 for this useful post:
  #12  
Old 21.09.2015, 18:43
roegner's Avatar
Forum Legend
 
Join Date: May 2011
Location: Zurich
Posts: 8,343
Groaned at 295 Times in 242 Posts
Thanked 8,980 Times in 4,544 Posts
roegner has a reputation beyond reputeroegner has a reputation beyond reputeroegner has a reputation beyond reputeroegner has a reputation beyond reputeroegner has a reputation beyond reputeroegner has a reputation beyond repute
Re: number26

Is it part of the German Einlagensicherungsfonds? If not, your money could disappear fully when they disappear.

Edit: they are
Reply With Quote
  #13  
Old 28.10.2015, 13:18
Forum Veteran
 
Join Date: Feb 2012
Location: Zürich
Posts: 914
Groaned at 3 Times in 3 Posts
Thanked 520 Times in 315 Posts
ChrisNeedsToKnow has a reputation beyond reputeChrisNeedsToKnow has a reputation beyond reputeChrisNeedsToKnow has a reputation beyond reputeChrisNeedsToKnow has a reputation beyond repute
Re: number26

Number26 has a new feature which I´ve never seen with any bank:
  • You can pay cash into your account at retailer's checkouts (both staffed and unmanned) throughout Germany. Some guy captured the process in a YouTube video (in German):
  • It's also possible to withdraw, but that's the same as "cash back" which is already widely available anyway.
Also, here's an interesting speech by one of the founders of Number26 with WiredUK (in English):
https://www.youtube.com/watch?v=N0jm2nCDgmk
Reply With Quote
This user would like to thank ChrisNeedsToKnow for this useful post:
  #14  
Old 28.10.2015, 13:32
The_Love_Doctor's Avatar
Forum Legend
 
Join Date: Aug 2009
Location: Zugerberg, Zug
Posts: 3,208
Groaned at 71 Times in 55 Posts
Thanked 3,578 Times in 1,690 Posts
The_Love_Doctor has a reputation beyond reputeThe_Love_Doctor has a reputation beyond reputeThe_Love_Doctor has a reputation beyond reputeThe_Love_Doctor has a reputation beyond reputeThe_Love_Doctor has a reputation beyond reputeThe_Love_Doctor has a reputation beyond repute
Re: number26

Also a good video comparing Number26 to DKB. In German with English subtitles.

Reply With Quote
  #15  
Old 07.12.2015, 19:11
soswiss's Avatar
Member
 
Join Date: Jun 2015
Location: Zurich
Posts: 101
Groaned at 0 Times in 0 Posts
Thanked 25 Times in 17 Posts
soswiss has made some interesting contributions
Re: number26

Number26 supports payments in € to SEPA area, no SWIFT. Since Switzerland is a SEPA member country are there any limitations?
Reply With Quote
  #16  
Old 07.12.2015, 20:33
Forum Veteran
 
Join Date: Feb 2012
Location: Zürich
Posts: 914
Groaned at 3 Times in 3 Posts
Thanked 520 Times in 315 Posts
ChrisNeedsToKnow has a reputation beyond reputeChrisNeedsToKnow has a reputation beyond reputeChrisNeedsToKnow has a reputation beyond reputeChrisNeedsToKnow has a reputation beyond repute
Re: number26

I don't have a €-account with a Swiss bank, so I can't test it myself.

If you want to test it and have a Swiss €-account available, let's exchange account numbers and transfer one € to each other.

However, I guess it should work without problems. I already transfered to a UK-based €-account, no problems.
Reply With Quote
  #17  
Old 08.12.2015, 11:12
Natasha's Avatar
Forum Legend
 
Join Date: Aug 2007
Location: St Anton am Arlberg, Austria
Posts: 2,737
Groaned at 61 Times in 57 Posts
Thanked 3,248 Times in 1,167 Posts
Natasha has a reputation beyond reputeNatasha has a reputation beyond reputeNatasha has a reputation beyond reputeNatasha has a reputation beyond reputeNatasha has a reputation beyond reputeNatasha has a reputation beyond repute
Re: number26

I have one of these accounts, and it is amazing. It is basically an app on the phone, and very easily opened: I did it with an Austrian address.

The best parts are that there is not a cent of fees, and you get immediate notification when you make a purchase or withdrawal with great conversion rates.
Reply With Quote
The following 2 users would like to thank Natasha for this useful post:
  #18  
Old 08.12.2015, 11:28
Phil_MCR's Avatar
Forum Legend
 
Join Date: Oct 2009
Location: Basel
Posts: 13,217
Groaned at 268 Times in 174 Posts
Thanked 15,563 Times in 6,608 Posts
Phil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond reputePhil_MCR has a reputation beyond repute
Re: number26

thanks for the link. i'm trying it now since it sounds easier to open than dkb.
Reply With Quote
The following 2 users would like to thank Phil_MCR for this useful post:
  #19  
Old 09.12.2015, 11:11
soswiss's Avatar
Member
 
Join Date: Jun 2015
Location: Zurich
Posts: 101
Groaned at 0 Times in 0 Posts
Thanked 25 Times in 17 Posts
soswiss has made some interesting contributions
Re: number26 [German Online banking]

How can I make a transfer in a foreign currency?

To start with, you can only make transfers within the SEPA region. If you want to make a transfer to an account in a foreign currency within SEPA, this is possible. You simply type in the amount to be transferred in euros.
Transfers in foreign currencies to your NUMBER26 account, however, are not possible yet and will be rejected. Please only transfer Euros to your NUMBER26 account.
Reply With Quote
  #20  
Old 09.12.2015, 17:19
Forum Veteran
 
Join Date: Feb 2012
Location: Zürich
Posts: 914
Groaned at 3 Times in 3 Posts
Thanked 520 Times in 315 Posts
ChrisNeedsToKnow has a reputation beyond reputeChrisNeedsToKnow has a reputation beyond reputeChrisNeedsToKnow has a reputation beyond reputeChrisNeedsToKnow has a reputation beyond repute
Re: number26 [German Online banking]

number26 announced that they are now available to customers residing in France, Greece, Ireland, Italy, Spain and Slovakia, adding to Germany and Austria which was already the case before.

These are all €-countries.

I wonder if Switzerland is on their roadmap, too. However, given negative interest for CHF, I guess that's unlikely.

Furthermore, they just introduced providing overdraw-facilities. They're turning into a real bank.

At the pace they introduce new features, I guess this is a bank we'll be hearing from!
Reply With Quote
This user would like to thank ChrisNeedsToKnow for this useful post:
Reply




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
UBS Online Banking Brianb_ie General off-topic 10 30.12.2018 11:18
New PostFinance online banking interface Village Idiot Finance/banking/taxation 45 20.05.2017 13:49
Credit Suisse - Issues with Online Banking sridhar Finance/banking/taxation 3 28.07.2011 13:48
Online Swiss banking - In the US TheForeignField Finance/banking/taxation 3 12.04.2010 15:10


All times are GMT +2. The time now is 10:59.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0