Renault Bank

Renault Bank is the retail savings brand of RCI Banque S.A., the captive banking arm of Renault Group, operating in several European markets (often as Renault Bank direkt) and since 2022 integrated under the Mobilize Financial Services umbrella. It focuses on straightforward deposit products delivered online—typically instant-access savings and fixed-term deposits—opened and managed via web and mobile channels with strong customer authentication under PSD2. Accounts are funded and withdrawn by SEPA transfer to a nominated reference account; payment cards, current accounts, and overdrafts are generally not part of the offering. Variable-rate savings pay interest calculated on the daily balance and credited on a scheduled basis, while term deposits lock in a rate for the chosen maturity; early access to term funds is usually not available except where contractually provided. Pricing is simple, with no ongoing account maintenance fees; any charges tend to be limited to specific optional services. Onboarding is remote and subject to standard KYC/AML checks, typically requiring residency in the country of the offer, valid identification, and a SEPA reference account in the applicant’s name. Depositor protection depends on the legal entity providing the account: where the offer is from a branch of the French bank, eligible deposits are covered by France’s Fonds de Garantie des Dépôts et de Résolution up to €100,000 per person; where a locally incorporated subsidiary takes deposits, the local statutory scheme applies up to its limit. RCI Banque is authorised in France and supervised by the ACPR, with host-country conduct oversight for its branches. Product availability, maturities, and rates vary by market and can change without notice, and promotional tiers or balance caps may apply; applicants should review the specific country site and terms. Interest is paid gross or net depending on local tax rules, and withholding, exemptions, and reporting obligations follow the jurisdiction of the account.