Openbank
in Spain 🇪🇸
Crypto-Friendliness
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About Openbank in Spain
Openbank is a 100% digital bank and a subsidiary of Grupo Santander, one of the world's largest financial institutions. Founded as Spain's first online bank, Openbank has evolved into Europe's largest digital bank by deposit volume, managing nearly €20 billion in deposits. The bank specializes in providing comprehensive banking services exclusively through digital channels, serving customers across Spain, Germany, Portugal, and the Netherlands within Europe.
As a pure digital bank, Openbank operates without traditional branch networks, focusing on retail banking customers who prefer mobile and online banking experiences. The bank is regulated as a credit institution (CRD_CRE_INS) by the European Central Bank and participates in Spain's deposit guarantee scheme (Fondo de Garantía de Depósitos).