Opposition bank Bunq has revamped joint accounts to give you more flexibility. If you’re a premium users (ie not simply a Bunq Travel client), you can create a sub-account with another person who’s not a premium user for EUR2.99 per month. Bunq likewise lets you develop numerous sub-accounts, implying that you can have an account with your partner, another one with your kid, and so on. The feature is called Bunq +1 and is different from conventional Bunq sub-accounts. With Bunq +1, you can welcome someone who isn’t already a Bunq user and share an account with them. They don’t need to pay EUR7.99 for a Bunq Premium membership. The main Bunq account holder pays EUR2.99 monthly for each +1 account. After that, you can both deposit money, view transactions and spend cash. Each user gets their own Bunq card. This function can be particularly useful for moms and dads who wish to manage allowance on Bunq. The moms and dad might immediately transfer cash from their primary account to the +1 account– they can see deals at all time. The kid could spend money with a Bunq card. You can produce a sub-account and share it if you’re attempting to share an account with an existing Bunq Premium user. Each user will have a full-fledged Bunq account with their own personal account. They’ll likewise have a shared sub-account with its own IBAN. Obviously, you both have to pay EUR7.99 each month for a Bunq Premium
membership. Bunq Premium users can produce up to 25 sub-accounts free of charge. Company consumers can also leverage Bunq +1 to distribute business cards to their worker. Each employee could have their own +1 account with their own card. Organisations might then top and handle expenditures up accounts. Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.