All N26 accounts in the UK will be closed by 15 April 2020
N26 has announced to exit the UK market due to the fact the United Kingdom has left the EU.
According to the EU Withdrawal Agreement, the company will be unable to operate in the UK with its European banking license.
After N26 quits the UK, the majority of its staff will get new roles within the business as the bank keeps growing its global team.
Until then, accounts will work as normal, including all card payments and direct debits. Customers having money in their N26 accounts are asked to transfer their deposits to an alternative bank account.