



Withdraw cash free of charge at the Santander Group’s 40,000 ATMs worldwide (free of charge if you register until May 31, 2020)ĥ free cash withdrawals per month across Europe , at any ATM (**)ĥ free cash withdrawals / month worldwide , at any ATM (**) Я42 with additional travel benefits subscription If you register before May 31st, 2020, the subscription remains permanently free and includes all additional services. With the R42 debit card, customers cannot use a monthly credit limit. When paying by credit card, the Openbank current account is debited immediately. With a “real” charge credit card, the bank pays in advance. The Debit Mastercard is available in two versions. The card with an additional subscription (“travel benefits”) costs EUR 7.99 per month, includes additional services such as travel insurance and offers extended options for free cash withdrawals and cheaper payments in foreign currencies. The subscription is active by default and can fairly be canceled monthly. According to the EU-wide directive on statutory deposit insurance, credit balances are therefore to be held through the parent company Banco Santander and the Spanish deposit insurance fund responsible for them up to a max. Protected total of 100,000 euros per customer.Īt the moment these types of cards are available:ġ)R42 Master Debit Card with optional Travel Subscription It should be noted that Openbank is not, like Santander Consumer bank AG, in possession of a German banking license. We transferred from Deutsche bank to the Openbank account without anyproblem and money was deposited the next working day after the transfer.Nevertheless, the Openbank current account is not a German account . Is this accepted in Germany? Yes this is not a problem. As a result, customers have few restrictions. The Spanish IBAN (ES-69XXXXXXXXXXX and BIC / SWIFT-CODE: OPENESMM) represents a special feature. Openbank is the Europe-wide digital bank of the Spanish Santander Group, one of the largest banks in the EU. The Spanish Banco Santander SA includes the German Santander Consumer Bank AG, which is known to many from financing. With the Openbank concept, all banking products and services such as checking accounts, call money and robo-advisors are available on a website or app. The Openbank is a digital bank and an ecobank at the same time, deliberately focuses on social and ecological concepts, for example with the option to round up and donate when paying.
