My N26 account was mistakenly cancelled and terminated on 29 April 2026. They’ve cited “irregularities” as the reason. I’ve filed a complaint and I’m waiting to see what happens. Can anyone explain this?
For clarification, my account was opened on 15 April 2026 and €200 was deposited that same day. It had one bank transaction to another my bank of €20 and twelve purchases/card transactions: in Lidl/Dunnes, Ireland and Notino (online store based in Italy). My current balance is €41.56
The last recorded activity was registering N26 card on eBay on 27 April 2026.
It must be clear non of these transactions could possibly be identified ‘irregular’.
Considering further enquiry to the German and the EU Central Bank, German Federal Financial Supervisory Authority (BaFin), European Consumer Centre (ECC).
There’s a real dilemma: the traditional bank’s red tape and slow processes versus digital banking’s over-reliance on bots and AI