Digital-only bank platform N26 announced earlier this week its products, N26 You, Metal and Business You accounts, are now available for residents in Greece and Slovenia. According to N26, the premium memberships come with features to help “make everyday life as easy as possible.” The banking platform stated:
“While You and Business You are perfect for everyday work and travel, N26 Metal offers the ultimate in premium banking. Choose from one of the exclusively designed metal card colors: Charcoal Black, Rose Quartz or Slate Grey, and experience a host of additional premium benefits such as dedicated customer phone support, mobile phone insurance up to €1,000 and vehicle hire abroad cover up to €20,000.”
The launch of the N26 Metal, You and Business You in Greece and Slovenia just after N26 announced it is departing from the UK after country left the European Union (Brexit). As previously reported, N26 reported that with the UK now having left the European Union, it will in due course be unable to operate in the UK with its European banking license. The banking startup revealed in a blog post:
“We want to take this opportunity to thank all our UK customers for believing in our vision to build the bank the world loves to use. Our determination to transform the global banking industry for the better remains stronger than ever. We started our journey with the goal to redefine standards in an industry that was consistently failing customers. For many, banking still continues to be slow, tedious, and full of paperwork. Our promise is simple. A 100% digital banking experience that’s fair, transparent and centered around you.”
N26 will notably be closing all UK customer accounts on April 15th. The banking group noted that customers will still be able to access their money, and it’ll stay protected up to €100,000 under the German deposit guarantee scheme.
“We will close all accounts on 15 April 2020, in line with our terms and conditions. Customers will shortly receive a formal termination notice. In the meantime, all account and app functionality will continue to work as normal, so customers can still spend or withdraw the money in their account.”