A German IBAN that works like a local IBAN
Your Krak virtual IBAN starts with DE and runs on SEPA, the same infrastructure used by employers, landlords and utility providers across Europe. Pay rent, electricity, subscriptions and insurance in Romania, or send money to friends and freelancers. It evolves on the same rails as any large German bank.
EUR transfers arrive the same day via SEPA. No waiting windows, no vague deadlines. And if you split your finances between Romania and the UK, GBP transfers move natively, without forced conversion.
Salary Match: earn up to €3,000 per year just by getting paid
Most accounts don’t give you anything to receive your salary into your account. Krak offers you up to 1% back every month, automatically, with no expiration date.¹
At €3,000/month, that’s €30 off.
At €5,000/month, €50 reimbursed.
At €9,000/month, €90 reimbursed.
The ceiling is €250/month, €3,000/year. A monthly salary of €5,000 can generate up to €1,200 in Salary Match over two years, before a single purchase.
How it works
No request, no approval:
- Check your account details in the app
- Share your IBAN with your employer or payroll provider
- Any salary received during the calendar month is eligible
- Rewards are credited at the beginning of the following month
To find your IBAN: open Krak → tap Receive → tap Bank.
2% cash back on every purchase
The Krak Card earns 2% in EUR or BTC on all spending.²³ No category limits. No rotating structures. No annual fees.
Combined with Salary Match, the numbers add up quickly. With €2,000 in monthly expenses and €5,000 in salary, you are looking at €90/month, or €1,080 over the year without changing the way you live.
Earn up to 8% APY at Vaults
Park your balance in Krak Vaults and earn up to 8% APY on USD.⁴ Rewards accumulate continuously. No minimum, no blocking.
Everything in one account
- German virtual IBAN on SEPA rails
- Same day transfers in EUR, in native GBP
- Compatible with employer payroll and accounting systems
- 1% salary compensation — up to €250/month, €3,000/year
- 2% cashback in EUR or BTC on every purchase
- Vaults earning up to 8% APY
- Free FX at Mastercard rate⁵
Set it up once. Get paid. Let it get worse.
1 Eligible customers in Luxembourg, Germany, Latvia, Greece, Croatia, Hungary and Romania only. Terms and conditions apply. Min. cumulative transfer(s) of €2,500 (max 4 payments) of the employer’s payroll; exclusions apply. Rewards credited monthly as determined by Krak; maximum €250/month. Promotional rate of 1% not guaranteed; applies until 01/05/26, then depends on average assets held with Kraken and Kraken Pro. Kraken may modify, suspend or terminate the promotion. Taxes may apply. The e-money wallet is not a bank account and is not covered by any deposit guarantee scheme. The value of the reward may fluctuate if it is held or converted into other assets.
2 No investment advice. Crypto trading involves risk of loss. The Krak card is issued by UAB Monavate, authorized by the Bank of Lithuania (authorization code: LBO02139). Payward Ireland Limited (PIL) and Payward Europe Solutions Limited (PESL), trading as Kraken, are regulated by the Central Bank of Ireland. Electronic money services are provided by PIL and spot trading services are provided by PESL.
3 The rate depends on the average of assets held at Krak, Kraken and Kraken Pro. Geographic restrictions and General conditions apply. See Help Center for more information.
4 The APY is variable and not guaranteed; there is a risk of loss. Chain interactions involve technological, market and operational risks (see Terms of Use). Kraken does not control third-party protocols. Safes are not a regulated financial product and may not benefit from regulatory protections. Fees apply. Geographic restrictions apply. Safes are offered by Payward Wallet, LLC.
5 Geographic restrictions apply. A variable spread applies when spending between assets. Third-party ATM fees may apply.
