Euro account with debit card and IBAN

Deec

Hi everybody. I need to open a Euro account which has a debit card and will allow me to send and receive money in Euros with a European IBAN. Starling says "they are not accepting new applications." They say they will be "soon" but they've been saying that since for months and months. So any other suggestions? Thank you.
DC

PRAISETHESUN

Wise is my usual recommendation for foreign currency handling. I wouldn't use them to hold large amounts of money for long periods but for sending/receiving payments in foreign currencies they are fairly competitive. Also an option for a debit card, albeit you need to pay an additional one-off fee to order it. The HSBC Global money account is also a good choice I believe, but I haven't used them personally.

Hazzanet

With Wise, you get a Belgian IBAN. 

Olenna

Deec said:

Hi everybody. I need to open a Euro account which has a debit card and will allow me to send and receive money in Euros with a European IBAN. Starling says "they are not accepting new applications." They say they will be "soon" but they've been saying that since for months and months. So any other suggestions? Thank you.
DC

Both Starling and HSBC UK give a GB IBAN which as non-EEA IBANs may incur incoming charges.
As @Hazzanet advises Wise will provide an EEA IBAN from Belgium so safer for receiving Euro credits. 

DullGreyGuy

Deec said:

Hi everybody. I need to open a Euro account which has a debit card and will allow me to send and receive money in Euros with a European IBAN. Starling says "they are not accepting new applications." They say they will be "soon" but they've been saying that since for months and months. So any other suggestions? Thank you.
DC

Starling were recently fined £29m for not doing proper identity checks and screening against sanctions, you'd imagine they've a lot of work to do to get their processes up to standard as getting caught a second time gets vastly. more expensive. 

Wise is the normal option and will give you an EU IBAN if you want to avoid fees. Obviously not legally a bank 

penners324

Wise is a regulated emoney company by the FCA. But doesn't have a full bank (FSCS) registration.

Revolut also the service you want and that does have restricted FSCS bank licence 

grumpy_codger

I don't want to start a new thread for this...
Wise vs HSBC Global Money - what is better and easier to open/operate for one-off €30K transfer to Italy? Asking on behalf of my friend that already has a long-standing account with HSBC.

WastedWords

If only sending EUR both use SEPA so will be free. If converting from GBP first, Wise will probably better for exchange. 

Would be worth checking with a currency broker like Currencies Direct or Spartan FX as well. They will generally lock in a rate in advance so you don’t get caught out by last minute changes. 

Deec

Do any of these companies suggested provide a euro debit card?

WastedWords

I mentioned the currency brokers in regard to the one-off payment query.

Wise or HSBC would be more suited to day-to-day use.

PRAISETHESUN

Deec said:

Do any of these companies suggested provide a euro debit card?

Wise and HSBC GM both have an option for debit cards