Banque Banorient FRANCE S.A. PARIS - ROMANIAN BRANCH

Banque Banorient FRANCE S.A. PARIS - ROMANIAN BRANCH is the Romanian branch of a French credit institution, operating locally under the EU single passport framework and not as a separate legal entity; assets and liabilities sit with the head office in France. Prudential supervision is carried out by the French competent authorities within the ECB’s Single Supervisory Mechanism, while the branch is subject to Romanian requirements on conduct, reporting, AML/CFT, and consumer protection. Deposits taken in Romania are covered by the French deposit guarantee scheme (Fonds de Garantie des Dépôts et de Résolution) in line with EU rules, generally up to EUR 100,000 per depositor per bank; the Romanian scheme (FGDB) applies to locally incorporated banks, not EU branches, and any optional top‑up arrangements should be confirmed directly with the institution. The branch may provide core services allowed by its passport—such as current and savings accounts, payments, lending, and trade-related services—but the exact product set, eligibility criteria, currencies (RON/EUR), delivery channels, and fee structure are defined in the bank’s own disclosures and can be more limited than those of larger universal banks. Payment accounts and fees fall under the Payment Accounts Directive (standardised fee information and transparency), and payment services must comply with PSD2 requirements for security and access; euro transfers typically route via SEPA, with other currencies depending on correspondent networks and subject to different settlement times and charges. Onboarding follows group compliance policies (KYC documentation, sanctions screening, source-of-funds verification), which can be stricter for higher-risk profiles or cross-border activity. Financial information for the Romanian branch is not published separately; reporting is consolidated at the French entity level, so clients need to reference the head office’s annual reports and regulatory notices for capital, liquidity, and risk metrics. Complaint handling and dispute resolution follow the bank’s published procedures and applicable mechanisms in Romania and France, with escalation channels and deadlines specified in customer documentation. In practice, this setup provides access to a French-regulated bank operating in Romania under EU rules, but publicly available detail on local product scope, pricing, service coverage, and operational footprint is limited, so prospective customers should verify terms, fees, and protections directly with the branch before engaging.