Banking In the Greenery of Europe
Lately, more and more people are realizing that it is rather fruitful to open bank accounts in multiple countries. The implication being that bank accounts in multiple countries allow you to reap benefits provided by the laws of the respective country. People often look for the countries whose laws are lenient or relaxing, or whose laws are supportive of their type of business, among such places, is the vast continent of Europe. Most European countries have merged together to form a faction known as the “European Union” or the “EU”. The reason why Europe is the preferred destination for these people is because the laws of banking in the EU support advancement and growth, and are very customer friendly as well as safe.
There are two ways of opening a secure bank account in Europe if you do not belong to the continent;
From the comfort of your home
One of the most prolific benefits of “Internet” is the ability to do wonders from the comfort of your home. Opening a bank account in Europe from the comfort of your home if you are not a member of any European country is not exactly a wonder, but it sure is very advantageous. Most European countries have similar procedures for similar activities, some exceptions obviously occur, but we consider the majority.
Revolut is a new app available at the “Play Store” as well as “App store” that allows users to open and manage bank accounts in European countries from the comfort of their homes. It also provides the added features of currency conversion, which is a big plus.
By actually visiting the bank
Another way to open a bank account in Europe is the most conventional way. It requires you to go to the bank personally and pass through all procedures manually. It may sound like a lot of labor, but actually visiting the bank allows you more flexibility and options on how you want to manage your account and what you want to do with it.