Bunq launches ‘Local Currencies’
source link: https://fintechranking.com/2021/10/26/bunq-launches-local-currencies/
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Bunq launches ‘Local Currencies’
Dutch neobank Bunq is today launching ‘local currencies’, a new account feature that lets users receive, convert, hold and spend multiple currencies.
While multi-currency accounts are nothing new, Bunq’s unique take is to offer multiple local IBANs along with those accounts, regardless of where a user is based.
So starting today users can store US dollars, British pounds, Swiss francs, Bulgarian Lev and Polish złotys regardless of where in Europe they live—with more currencies coming later this year.
Read more: AltFi
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