Salt bank

Salt Bank is a Romania-based digital bank within Banca Transilvania Financial Group, authorized and supervised by the National Bank of Romania; eligible retail deposits are protected by the national deposit guarantee scheme up to the leu equivalent of €100,000 per depositor. Launched in 2024 as a mobile-first brand, it focuses on app-based current accounts and payments with Romanian IBANs, card issuance for everyday spending, and domestic and cross-border transfers, with the exact product scope and limits defined in its published tariff and subject to change. Account opening is remote and contingent on identity and compliance checks, and availability primarily targets residents of Romania. Pricing typically differentiates between local and international transactions, cash withdrawals, and foreign-currency operations, and currency conversion may include a spread over reference rates. Security and access controls are implemented in line with PSD2 strong customer authentication requirements. As a new brand with minimal physical footprint, it may fit users who prefer locally regulated digital banking, while those needing in-branch services or a broader product range should verify whether its current coverage meets their requirements.