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Finom review

Updated September 28, 2026 · VaultCue Editorial Team · Facts checked September 26, 2026

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.

Our verdict

Finom suits freelancers and small businesses that want a euro cash account with a set rate and instant access. A minimum deposit of €0 and local IBAN details make it easy to open, though the fixed rate will not follow the market and support runs on email, chat and help centre only.

Key facts

Best for
A euro working balance for freelancers and small businesses that want a set rate and money they can move the same day.
Headline rate
5%↗
Rate type
Fixed↗
Minimum deposit
€0↗
Deposit protection
EU DGS up to EUR 100,000↗
Access terms
Instant access, withdraw at any time with no withdrawal penalties↗
Monthly fee
€0↗
Account kind
Cash management↗
Legal entity
PNL Fintech B.V.↗
Headquarters
Netherlands↗
Founded
2019↗
Support channels
Email, Chat, Help-centre, Community↗
Pricing model
No monthly fee, Fixed rate
Official website
finom.co

Everyday accounts

Currency conversion fee
1%↗
Currencies
17↗
Local account details
IBAN↗
Free ATM withdrawals
€10,000↗
Transfer fee
Free outgoing SEPA transfers up to EUR 2,500 per month (Solo plan); outgoing international payments 1% (Solo) to 0.20% (Pro)↗
Audience
Business, Freelancers
Features
Free ATM withdrawals

Facts checked September 26, 2026, 7 sources

Apps and profiles

Get the app
App StoreGoogle Play
Elsewhere
WikidataWikipediaLinkedInappgallery.huawei.com

Pros and cons

Pros

  • The minimum deposit is €0, so an account can be opened without a large opening balance.
  • The transfer fee leaves outgoing SEPA transfers free on the Solo plan within a monthly limit.
  • Local IBAN details sit alongside 17 currencies, so one account can take payments in several currencies.
  • The account is aimed at business and freelancer, so the pricing and features are built around money that moves for work.
  • Free ATM withdrawals are included (free atm), a feature shared by 52.9% of the brands in this group.

Cons

  • The interest rate is fixed, so it will not rise with the market while most savings accounts here are variable (79%).
  • The transfer fee for outgoing international payments is higher on the Solo plan than on the Pro plan.
  • Deposit protection is EU DGS up to EUR 100,000, so any balance above that cap sits outside the scheme.
  • Support runs on email, chat and help centre only, with no phone line, while 79.5% of the brands here have one.
Finom

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Scored 8.9 / 10 by VaultCue.

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Who it suits

  • Freelancers and sole traders who need local IBAN details and can move money the same day it arrives.
  • Small businesses paid in euros by clients abroad who want several currencies in one place.
  • Readers who want a set rate on working money rather than the highest variable rate on the table.

Who should look elsewhere

  • Anyone ranking purely on the headline figure, since Plazo ES lists 24.19% and AXI Card Tarjeta y Credito 21.59%.
  • Variable rate savers, since 79% of the brands in this group pay a variable rate and the Finom rate is fixed.
  • Readers happy with a wallet and a smaller return, since PayPal Colombia lists 3.3%.

Fees and currency costs

Running the account is straightforward. The monthly fee is €0 and the minimum deposit is €0, so there is no charge for holding a balance and no reason to wait for a large first payment. That leaves currency conversion as the running cost: 1% applies when money is exchanged. Transfers are priced separately. Outgoing SEPA transfers are free on the Solo plan within a monthly limit, while outgoing international payments cost more on the Solo plan than on the Pro plan, so a business paying abroad often has a reason to compare plans before it commits. For context, monthly fees across the site run €0 to €449, and the typical conversion fee sits at 0.5%.

Access to your money

Money stays liquid here. Access is instant, you can withdraw at any time and there are no withdrawal penalties, so a balance can be moved the same day it lands without giving up the interest earned on it. The rate type is fixed, and that is the trade-off to weigh: the interest is set rather than floating, so a rise in rates elsewhere leaves this account behind while a fall does not cut into it. Most savings accounts listed here are variable (79%), so Finom suits a reader who wants a predictable number on working money rather than the highest possible number at any moment.

Regulation and registers

The business is entered on national registers in each country where it is supervised. In the Netherlands it appears with De Nederlandsche Bank as R180074, and in Cyprus with the Cyprus Securities and Exchange Commission as 456/25. Each entry is public, so a reader can match the numbers against the official registers rather than take them on trust. Registration in more than one country also means the account sits under more than one supervisor, which counts for something when the money is business income. In the cash management group most listed brands fall under a payment institution licence (100%), so the register type is worth checking against the sector you are comparing in.

Safety of your money

Balances sit under the EU deposit guarantee scheme. The stated protection is EU DGS up to EUR 100,000, so eligible deposits up to that cap fall inside the scheme and anything above it does not. The registrations behind the account, R180074 with De Nederlandsche Bank and 456/25 with the Cyprus Securities and Exchange Commission, are where the responsible entity can be traced. For a business account the practical question is how much of the balance sits with one provider at a time, and the stated cap is the limit to plan around.

Where it sits among rivals

On headline rate, Finom sits 92 of 473 brands, so the rate it advertises is competitive for a cash account, though plenty of brands in the list quote more. On minimum deposit the ranking is 1 of 370, which is the stronger of the two positions and means opening the account does not depend on a large first payment. Read together, the two columns describe an account that is easy to open and reasonably paid rather than one that leads on price. Readers shopping only by the headline figure will find larger numbers elsewhere, and readers shopping by the cost of holding funds will find little to argue with here.

Who runs it

Finom is run by PNL Fintech B.V., headquartered in the Netherlands and founded in 2019. Oversight sits with De Nederlandsche Bank in the Netherlands under R180074 and with the Cyprus Securities and Exchange Commission under 456/25. Support runs on email, chat and help centre, which is email, chat, a help centre and a community, with no phone line among them. For a business account that mix is workable, since most questions about transfers, invoices or currency are easier to settle with a written record, and the help centre carries the process answers a phone line would otherwise handle.

How Finom compares

Where Finom is available

Available
Austria, Belgium, Cyprus, France, Germany, Ireland, Italy, Netherlands, Poland, Portugal, Spain
Licence in Netherlands
De Nederlandsche Bank (DNB) (R180074), checked September 26, 2026
Licence in Cyprus
Cyprus Securities and Exchange Commission (456/25), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What does it cost to keep a Finom account?+

The monthly fee is €0 and the minimum deposit is €0, so there is no cost to holding a balance and no need for a large opening payment. The charge that matters is currency conversion at 1%, plus outgoing international payments, which cost more on the Solo plan than on the Pro plan.

Is my money protected if something goes wrong?+

Balances sit under the EU deposit guarantee scheme, with protection stated as EU DGS up to EUR 100,000. Finom is entered on the Dutch register as R180074 and on the Cypriot register as 456/25, so more than one supervisor is watching the business.

Can I get my money out when I want it?+

Yes. Access is instant, you can withdraw at any time and there are no withdrawal penalties, so no notice period and no early exit charge stand in the way. The rate is fixed, so the interest is steady rather than something you have to reinvest to keep.

How many currencies can I hold, and can clients pay me locally?+

The account supports 17 currencies and gives you a local IBAN (iban), so a euro account can take payments without a conversion step. The conversion cost of 1% applies when you exchange between currencies held in the account.

Is Finom a bank account or something else?+

The account kind is cash management, and the business behind it is PNL Fintech B.V., based in the Netherlands and founded in 2019. It answers to De Nederlandsche Bank in the Netherlands and to the Cyprus Securities and Exchange Commission, so the public registers are the place to check the details.

Who is the account built for?+

The account is aimed at business and freelancer, so the pricing and features are designed around money that moves for work rather than a long term savings plan. Businesses and freelancers paying or receiving in several currencies are the group this design serves.

Can I reach someone if a payment goes wrong?+

Support runs on email, chat and help centre, so questions go by email, chat, the help centre or the community rather than by phone. For a business account a written trail suits most disputes, though anyone who wants a voice on the line will not find one here.

How does it compare with the other accounts here?+

On headline rate, Finom ranks 92 of 473 brands, while on minimum deposit it ranks 1 of 370. The alternatives listed alongside it, 21.59% for AXI Card Tarjeta y Credito and 24.19% for Plazo ES, quote higher numbers.

Sources

  • finom.co checked September 26, 2026

    Backs: Free ATM withdrawals, Features, Local account details

    “This allows you to withdraw up to EUR 10,000 per month free of charge (up to EUR 2,000 per month in France depending on plan)”

  • finom.co/en-de/international-payments checked September 26, 2026

    Backs: Currencies

    “Send money in 17+ currencies to 150+ countries”

  • finom.co/en-de/pricing checked September 26, 2026

    Backs: Audience, Currency conversion fee, Transfer fee

    “Solo: For freelancers who need simple, essential features; Smart: For small to medium-sized businesses”

  • finom.co/en-nl/contacts checked September 26, 2026

    Backs: Support channels

    “Get in touch with Finom 7 days a week by chat or email ... Join our community on Facebook ... There is no official Finom support team phone number”

  • finom.co/en-nl/interest-wallet checked September 26, 2026

    Backs: Access terms, Account kind, Deposit protection, Headline rate, Headquarters, Legal entity, Minimum deposit, Rate type, Licences

    “Withdraw your funds anytime with no penalties - you can initiate a transfer back to your main account at any time with no fees”

  • finom.co/en-nl/partnership checked September 26, 2026

    Backs: Founded

    “Finom is a go-to financial platform born in the Netherlands and supporting European businesses in achieving their goals since 2019”

  • finom.co/en-nl/pricing checked September 26, 2026

    Backs: Pricing model, Monthly fee

    “Solo plan for freelancers: EUR 0 / month; Interest account: promo rate for 5 months 5%”

Compiled from 7 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Term.

Finom

Finom

A euro working balance for freelancers and small businesses that want a set rate and money they can move the same day.

8.9/10Visit