OCC Denies Dutch Neobank Bunq a U.S. National Bank Charter

The OCC denied Amsterdam-based neobank Bunq's application for a U.S. national bank charter on August 4, 2026, citing "significant supervisory and compliance concerns" and Bunq's lack of U.S. operating experience. The rejection follows OCC approvals of other fintech charter bids over the past year, indicating that nontraditional applicants still face a substantive supervisory threshold.