I recently asked a question regarding the IBAN of online banks - since I needed recommendations for online banks that have German IBAN.
I found out that online banks have a specific requirement for the Business owners, such as they have to be living in Germany to be able to open a bank account.
Personally I think this has no logic. Anyway I tried Qonto and now I am trying Holvi.
Our company is registered in Germany since 2011 and we have non-EU residential owners from Kosovo (South East of Europe). We do have legal representatives in Germany but the banks don’t allow them to open a bank for our company.
So, my question is… did anyone else had the same issue? If so what did you do?
In addition if you would recommend another Online Banking service with German IBAN, please let me know about it.