Something to know is that YOU have to pay taxes, here. They don't pay taxes for you. I get an interest rate on my local IBAN at bunq. Normally this kind of tax is deducted automatically by the banks by law. However, there is no Information of tax statement in my accounts, I noticed. So I found out and asked on reddits, and turns out, I have to be the one paying taxes on my income from bunq. Earnings are very good, but this is a bit inconvenient. Still, for the higher interest percentage, its worth the inconvenience for me. But I wish bunq did this automatically, or had a setting.