Pibank
Local bankDGS €100k protectedBest for: Online-only bankingBest for: No-strings remunerated accountBest for: FGD-covered EUR savings
Pros & Cons
Pros
- Deposit protection: DGS €100k (ES — Fondo de Garantía de Depósitos)
- EBN Banco's online brand
- remunerated account with no vinculación plus a fixed-term deposit
- FGD-covered
Cons
- —
Rating breakdown
Foreigner onboarding33
USD handling20
Transfers50
Value & fees30
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
- IBAN
- ES
- SEPA Instant
- Send & receive
- Verification of Payee (VoP)
- Rolling out
Deposit & savings rates
Compare all deposits →DGS €100k protected DGS €100k (ES — Fondo de Garantía de Depósitos)
| Product | Currency | TAE / APY | Term | Conditions | Source |
|---|---|---|---|---|---|
| Depósito a plazo 12 meses | EUR | 2.37% | 12 mo. | Requiere cuenta Pibank asociada. Cancelación anticipada parcial/total con penalización. Renovación automática. | Sourceas of 2026-06-23 |
| Cuenta Remunerada | EUR | 1.76% | On demand | Sin vinculación, sin mín./máx., desde el primer euro, nuevos y existentes. Cubierto por FGD. | Sourceas of 2026-06-23 |
Editorial review
Pibank 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 online-only banking, no-strings remunerated account, fgd-covered eur savings.
Fees & terms
- Exchange rate
- EUR-only
- Card cost
- Free
- Currencies
- EUR
- Cards
- Global Physical, Global Virtual
- Transfers
- SEPA in/out, SEPA Instant in/out
- Payments
- Apple Pay, Google Pay
- 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; fully remote
- English support
- No
- Remote opening
- Yes
- Headquarters
- Spain
Also consider
FAQ
- Is my money protected?
- Yes. Pibank 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?
- Pibank 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; 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.
Updated: Dataset compiled: