nomoneda

EBN Banco

Local bankDGS €100k protectedBest for: Fixed-term depositsBest for: FGD-covered EUR savings
71/100Rated on 5 of 6 dimensions

Pros & Cons

Pros

  • Deposit protection: DGS €100k (ES — Fondo de Garantía de Depósitos)
  • Spanish bank offering competitive fixed-term deposits (Depósito Sinycon Plus) up to 48 months

Cons

Rating breakdown

Foreigner onboarding33
USD handling20
Transfers50
Value & fees30

How the score is calculated

Why this score

Strongest liftFees transparency4.5/5 · 20% of the model
Additional supportReliability4/5 · 20% of the model
Main constraintForeigner onboarding2.5/5 · 25% of the model

Good fit for

  • you want yield on an idle balance (up to 3%)
  • you receive SEPA transfers

May not fit if

  • you need to hold USD
  • you need crypto in or out
  • you need a fully rated profile — this one is rated on 5 of 6 dimensions
Licence & deposit protection
DGS €100k protectedDGS €100k (ES — Fondo de Garantía de Depósitos)

This is a licensed bank, so eligible deposits are protected by the deposit guarantee scheme (DGS) up to €100,000 per customer. That's a key safety factor when choosing.

Licence
Bank · Banco de España
SEPA Instant
Send & receive

Deposit & savings rates

Compare all deposits

DGS €100k protected DGS €100k (ES — Fondo de Garantía de Depósitos)

ProductCurrencyTAE / APYTermSource
Depósito Sinycon Plus 48 mesesEUR3%48 mo.Sourceas of 2026-06-23
Depósito Sinycon Plus 12 mesesEUR2.6%12 mo.Sourceas of 2026-06-23

Editorial review

Data reviewed by Founder and editor, nomonedaUpdated: 2026-08-15

EBN Banco is a licensed bank (Banco de España), so eligible deposits carry DGS €100k (ES — Fondo de Garantía de Depósitos).

It is a local bank licensed in ES supporting EUR. FX model: EUR-only.

It tends to suit fixed-term deposits, fgd-covered eur savings.

Fees & terms

Card cost
Not disclosed
USD withdrawal
Not disclosed
Withdrawal fees
Not disclosed
Limits
Not disclosed
USD yield
Not disclosed
Cashback
Not disclosed
Transfers
SEPA in/out, SEPA Instant in/out
Licence
Bank — Banco de España
IBAN
ES
SEPA Instant
Send & receive
Verification of Payee (VoP)
Rolling out
FX model
EUR-only
Opening requirements
NIE/residency in Spain; checking account required to open a deposit; fully remote
English support
No
Remote opening
Yes
Headquarters
Spain

Transfer routes

One row per direction, rail and currency — with what we hold on fees, speed and limits. A blank fee is not a free transfer; it is a fee we have not collected.

Transfer routes and their published fees
RouteFeeSpeedLimits
SEPAincomingEURNot publishedNot published
SEPAoutgoingEURNot publishedNot published
SEPA InstantincomingEURNot publishedInstant
SEPA InstantoutgoingEURNot publishedInstant

Who holds your money

The name on the app is not always the company holding the balance, and deposit protection follows the licence rather than the brand.

Provider stack: role, organization and what it is answerable for
RoleOrganizationAnswerable forApplies to
Licence holderEBN BancoBanco de EspañaOperating under regulatory permissionAll currenciesDGS €100k (ES — Fondo de Garantía de Depósitos)
Deposit guaranteeDGS €100k (ES — Fondo de Garantía de Depósitos)Banco de EspañaPaying out if the deposit holder failsEURDGS €100k (ES — Fondo de Garantía de Depósitos)

Recent updates

  • 2026-08-15checked10 facts about EBN Banco re-checked against their sources
  • 2026-06-23checked2 deposit rates at EBN Banco re-checked

All updates

3 similar services

Chosen by overlap in what people use them for, not by category — the services that would land in the same shortlist as this one.

3 similar services
ServiceScoreDocumentsHead-to-head
Openbank69/100Needs NIE/residency in supported market; fully remoteCompare
Pibank68/100NIE/residency in Spain; fully remoteCompare
BoursoBank74/100Needs French address; remote opening with French docsCompare

User reviews

User score

No reviews yet.

Editorial score

70.8/ 100
How we score

FAQ

Is my money protected?
Yes. EBN Banco holds a full bank licence (Banco de España), so eligible deposits are protected by DGS €100k (ES — Fondo de Garantía de Depósitos).
What IBAN and transfers?
EBN Banco issues a ES IBAN. SEPA Instant: send + receive.
Can I open remotely, in English?
Opening is remote. Support is mainly local-language. Requirements: NIE/residency in Spain; checking account required to open a deposit; fully remote.

Data provenance & verification

Every fact is checked against an official source and stamped with a date. We re-check fees quarterly and document requirements twice a year. Fields not yet independently verified are labelled honestly.

Fully verified7 sources · 6 official

Independently corroborated, rated on the full model and checked within the year. This service can appear in our ranked picks.

10 of 12 fields independently verifiedUpdated: Dataset compiled:
Report incorrect data

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