Salt Bank
Romania's first neobank (Banca Transilvania).
- Who holds it
- The company itself — it holds a full banking licence — Bank (Banca Transilvania).
- The ledger
- The bank’s own core ledger.
- If it fails
- A covered-deposit payout through the local scheme, up to its limit.
Derived from Salt Bank’s regulation type and custody — a class of protection, not a guarantee. Limits and eligibility vary by scheme, balance and jurisdiction; confirm before you rely on it. What happens if a neobank shuts down →
The facts
| Category | traditional |
| HQ | Bucharest, RO |
| Founded | 2024 |
| Custody | Custodial |
| Regulation type | Licensed bank |
| License detail | Bank (Banca Transilvania) |
| Card | Visa · Debit |
| Yield | Competitive RON savers |
| Stablecoins | No |
| KYC | Yes |
| Active regions | Europe |
Verified links: official site ↗
Common questions about Salt Bank
What is Salt Bank?
Salt Bank is a fiat neobank, headquartered in Bucharest, RO and founded in 2024. Your money is held custodially, so Salt Bank or its partner bank holds the balance and you hold a claim on it. It is regulated as a licensed bank (Bank (Banca Transilvania)).
Does Salt Bank have a card, and where can you use it?
It issues a Visa debit card. It is available in Europe.
Does Salt Bank require KYC?
Yes. Salt Bank requires identity verification (KYC) to open an account, as a licensed bank.
What does Salt Bank cost?
From the verified fields: yield Competitive RON savers. Cashback and yield are "up to" figures that change constantly and often depend on a paid plan — confirm current terms with Salt Bank before relying on them.
Peers
Monzo · Wise · Starling Bank · Atom Bank · Zopa Bank · Chase UK
Salt Bank appears in
Neobanks that hold their own banking license (132) · Neobanks available in Europe (144) · Neobanks that issue a Visa card (182)
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.