In 2025, many digital banks no longer require proof of address.
Opening an account online is now simple, even if you don’t have a utility bill, or even a fixed address.
This guide shows you which platforms accept alternative verification and how to get started from anywhere
Whether you’re in between countries or just starting your move.
Why Banks Require Proof of Address (and When They Don’t)
Traditionally, banks ask for proof of address to comply with anti-money laundering laws and to verify your place of residence.
However, some jurisdictions have adapted regulations to allow eKYC (electronic Know Your Customer), enabling verification through other means like:
- A selfie + government-issued ID
- Mobile phone billing records
- Video calls with onboarding agents
Many fintech companies leverage these alternatives to onboard clients worldwide without physical address verification.
Who Benefits From Address-Free Banking
Not having proof of address is more common than many think. These profiles benefit the most:
- Digital nomads constantly changing countries
- New immigrants without formal lease agreements
- Remote workers living with family or in co-living spaces
- People in countries with poor documentation infrastructure
These users often need fast access to banking without delays or manual paperwork.
Learn How to Create Your Wise Account Without Proof of Address
Top Banks and Fintechs That Don’t Require Proof of Address
Wise (formerly TransferWise)
- Account Type: Multi-currency
- Verification: Passport or national ID, selfie
- Address proof: Not required in most countries
- Extras: Hold and convert 40+ currencies, get local account details for USD, EUR, GBP
- Availability: Worldwide
Payoneer
- Account Type: USD & EUR receiving accounts
- Verification: Government-issued ID
- Address proof: Sometimes required but often skipped based on country
- Use case: Freelancers, affiliate marketers, Amazon sellers
- Availability: 190+ countries
Revolut
- Account Type: Personal and business
- Verification: ID + selfie
- Address proof: Not mandatory in many regions
- Use case: Travellers and remote workers
- Limitations: Some features restricted outside EEA/UK
Monese
- Region: UK and Europe
- Strength: Built for expats and new arrivals
- Verification: Photo ID + live video
- Address proof: Not required to open a basic account
- Extras: Debit card, direct debits, SEPA payments
Not living in Europe? See how you can still open a Monese account
What to Expect During Onboarding
Even without address proof, banks still check your identity. Here’s what they usually ask for:
- A valid passport or national ID
- A selfie or short video call
- Email and phone verification
- Sometimes: source of funds or income declaration
Prepare your documents in advance to speed up approval.
Risks and Limitations to Consider
While skipping address proof is convenient, it’s not without trade-offs:
- Limited features: Some banks may limit transfers or deposits until full verification
- Country restrictions: Not all banks operate in every country
- Currency conversion fees: Multi-currency accounts can charge hidden FX margins
- No physical branches: Digital banks offer no in-person support
These aren’t deal-breakers, but they’re worth knowing upfront.
Best Practices to Increase Approval Chances
- Use the same name and details across all documents
- Ensure good lighting and clear images for selfie and ID
- Avoid VPNs or proxies during the application
- Double-check country availability before applying
Examples: How to Open an Online Bank Account Without Proof of Address
Each platform works a little differently, so here’s a quick look at what you can expect.Want help with the full process? Check out these step-by-step guides with tips, and everything you need to get started:
Wise – Quick Setup Guide
- Go to the official Wise site
- Sign up using your email or Google account
- Upload your passport or ID + selfie
- Choose the currencies you want to hold
- Done – account usually verified within 1–2 business days
Full Guide: Set Up Your Payoneer Account (No Address Needed)
Payoneer – Registration Steps
- Start on the Payoneer homepage
- Select account type: individual or business
- Provide ID – passport, driver’s license or national ID
- Wait for confirmation – often completed within 24–48h
- Link your Payoneer account to global marketplaces or clients
Monese – Fast Onboarding
- Download the Monese app
- Register using mobile number
- Submit video ID verification
- Skip address and start using your basic account instantly
What Happens After Verification
Opening a bank account online without proof of address is no longer a rare loophole, it’s becoming standard practice in global banking.
Whether you’re a freelancer, digital nomad, or new immigrant, this flexibility opens doors to financial inclusion and cross-border freedom.
If you’re also exploring other digital banks, you might want to check Revolut’s official eligibility page to confirm whether their requirements match your needs.
