Salt Bank review
Updated September 28, 2026 · VaultCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Salt Bank is built for expats and travellers who bank across Romania and further afield: 19 currencies sit on the same account, local receiving details are iban, and Banca Nationala a Romaniei supervises the bank, with a savings option alongside that pays out at maturity. It scores 7.7 in the comparison.
Key facts
- Best for
- A borderless Romanian current account with a fixed savings option for expats and travellers.
- Monthly fee
- RON 0↗
- Deposit protection
- EU DGS up to EUR 100,000↗
- Currency conversion fee
- 0%↗
- Currencies
- 19↗
- Local account details
- IBAN↗
- Free ATM withdrawals
- RON 900↗
- Transfer fee
- 0 commission for incoming and outgoing payments in Romania↗
- Legal entity
- Salt Bank S.A.↗
- Headquarters
- Romania↗
- Support channels
- Email, Chat, Phone, Help-centre↗
- Audience
- Expats, Travelers
- Pricing model
- No monthly fee, Low FX fees
- Features
- Free ATM withdrawals, Digital-only
- Official website
- salt.bank
Savings
- Headline rate
- 5.3% to 5.9%↗
- Rate type
- Fixed↗
- Term
- 3 to 12 months↗
- Minimum deposit
- RON 500↗
- Access terms
- 3, 6 or 12 month terms in RON, EUR or USD; interest paid at maturity to the current account; deposits guaranteed up to EUR 100,000 per depositor by FGDB↗
- Account kind
- Fixed↗
Facts checked September 26, 2026, 5 sources
Pros and cons
Pros
- Help is available by email, chat and phone.
- Cash withdrawals come with a free allowance of RON 900.
- Term deposits run in RON, EUR or USD and the interest lands in the current account at maturity.
Cons
- The service is digital only, per free atm and digital only, so there is no branch counter for cash or paperwork.
- Local receiving details are iban only, which limits how money can be received from other markets.
- The fixed deposit needs a minimum of RON 500 and ties the money up for the whole term.
Who it suits
- Expats and travellers named under expats and travelers, who want local and overseas money in the same account.
- Anyone paid in and out in Romania, since 0 commission for incoming and outgoing payments in Romania there.
- Savers who can wait for interest at maturity and collect it in the current account.
Who should look elsewhere
- Not a fee-based decision: Skrill charges €0 a month and eToro £0, so price alone does not separate them.
- Not for people who need UK sort code or US routing numbers for incoming pay, since local details are iban only, the gap to weigh against PayPal Colombia.
How Salt Bank compares
9.5 vs 8.7
9.5 vs 8.6
9.5 vs 8.0
9.5 vs 8.9A monthly fee of £0 against Salt Bank's RON 0, while Salt Bank adds EU DGS up to EUR 100,000 and terms of 3 to 12.
9.5 vs 9.1
9.5 vs 9.2
9.5 vs 8.7
9.5 vs 8.7
9.5 vs 8.7
9.5 vs 9.0The monthly fee is €0 against Salt Bank's RON 0, so compare what the account holds: 19 currencies and iban on a bank licence.
Salt Bank vs iuvoSAVE9.5 vs 8.7
9.5 vs 9.5
9.5 vs 9.4
9.5 vs 9.3
9.5 vs 9.2
9.5 vs 9.2
9.5 vs 9.2
9.5 vs 9.2
9.5 vs 9.2
9.5 vs 9.2
9.5 vs 9.1
9.5 vs 9.0
9.5 vs 9.0
Salt Bank vs PagBank9.5 vs 8.9
9.5 vs 8.9- 9.5 vs 8.9
9.5 vs 8.7
9.5 vs 8.5
9.5 vs 8.5
9.5 vs 8.5
9.5 vs 8.4
9.5 vs 8.3
9.5 vs 8.2
9.5 vs 8.1- 9.5 vs 8.1
9.5 vs 8.0
9.5 vs 8.0
9.5 vs 8.0
9.5 vs 9.1
Where Salt Bank is available
- Licence in Romania
- Banca Nationala a Romaniei (National Bank of Romania) (P.J.R. 40-043), checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does a Salt Bank account cost?+
The monthly fee is RON 0 and the currency conversion fee is 0%, so there is no monthly or conversion charge to budget for. Payments in and out in Romania run at 0 commission for incoming and outgoing payments in Romania, and cash withdrawals include a free allowance of RON 900. The conversion fee sits at rank 1 among the brands compared.
Is my money protected at Salt Bank?+
Deposits are covered by EU DGS up to EUR 100,000, so a balance up to that limit is repaid by the scheme if the bank fails. The Romanian guarantee fund FGDB guarantees deposits per depositor as well, and the bank answers to Banca Nationala a Romaniei under licence P.J.R. 40-043.
How many currencies can I hold, and can I get local payment details?+
The account covers 19 currencies, and the local receiving details are iban, which suits pay from a Romanian employer or a local client. Balance conversion is charged at 0%, so holding the currency needed cuts repeat conversions.
What interest does the Salt Bank deposit pay?+
It is a fixed deposit at a fixed rate of 5.3% to 5.9%, running for 3 to 12. Terms are offered in RON, EUR or USD, the minimum deposit is RON 500, and interest lands in the current account at maturity rather than being paid along the way.
Who is Salt Bank built for?+
The bank names expats and travelers as its audience, and the design suits people who move between Romania and home. Local details of iban and 19 currencies help with daily spending abroad, while the savings option suits those who can leave money in place until the term ends.
Is there a branch, and how do I get help?+
The service is digital only, which appears under free atm and digital only, so there is no counter to visit for cash or paperwork. Help runs by email, chat and phone, and cash access is limited to the free withdrawal allowance of RON 900.
How do the fees compare with PayPal Colombia, Skrill and eToro?+
On the monthly fee they sit level: Salt Bank charges RON 0, PayPal Colombia $0, Skrill €0 and eToro £0. The separation comes from the account itself, with 19 currencies, iban and EU DGS up to EUR 100,000 under Banca Nationala a Romaniei.
Sources
- salt.bank checked September 26, 2026
Backs: Currencies, Currency conversion fee, Pricing model, Transfer fee
“Un singur card, 19 valute”
- salt.bank/conturi-carduri-plati checked September 26, 2026
Backs: Local account details, Support channels
“Plati instant, verificare IBAN, Alias Pay, dashboard, alerte push”
- salt.bank/depozite checked September 26, 2026
Backs: Access terms, Account kind, Headline rate, Minimum deposit, Rate type, Term
“Plata dobandii se face la scadenta prin virarea in contul curent a sumei aferente dobandii”
- salt.bank/despre-salt checked September 26, 2026
Backs: Deposit protection, Headquarters, Licences
“Sediul Central: Bd. Dimitrie Pompei, nr. 5-7, etaj 6, sector 2, Bucuresti”
- salt.bank/diaspora-launch checked September 26, 2026
Backs: Audience
- salt.bank/planuri checked September 26, 2026
Backs: Free ATM withdrawals, Features, Legal entity, Monthly fee
Compiled from 6 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Licence type.
Related by the facts
Salt Bank
A borderless Romanian current account with a fixed savings option for expats and travellers.