Updated October 14, 2026 · VaultCue Editorial Team
Salt Bank vs ubank
Salt Bank
Higher score in this comparison
ubank
Where Salt Bank and ubank differ
| Compare | Salt BankReviewSee alternativesSee alternatives | ubankReviewSee alternativesSee alternatives |
|---|---|---|
| Monthly fee | RON 0 | Not confirmed |
| Deposit protection | EU DGS up to EUR 100,000 | Not confirmed |
| Currency conversion fee | 0% | Not confirmed |
| Currencies | 19 | Not confirmed |
| Local account details | IBAN | Not confirmed |
| Free ATM withdrawals | RON 900 | Not confirmed |
| Transfer fee | 0 commission for incoming and outgoing payments in Romania | Not confirmed |
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Our verdict on each
Salt Bank
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.
ubank
Ubank lists goal-oriented savings, Autosave, savings accounts and Shared Save accounts.
Score breakdown
| Area | Salt Bank | ubank |
|---|---|---|
| Cost | 9.4Monthly charge of RON 0, conversion of 0% and 0 commission for incoming and outgoing payments in Romania in Romania. | Not confirmed |
| Offer | 9.5A fixed deposit at 5.3% to 5.9% over 3 to 12, under EU DGS up to EUR 100,000. | Not confirmed |
How they place
| Ranking | Salt Bank | ubank |
|---|---|---|
| Savings accounts | 73 of 1420 | 1317 of 1420 |
Every fact side by side
| Fact | Salt Bank | ubank |
|---|---|---|
| Audience | Expats, Travelers | Not confirmed |
| Pricing model | No monthly fee, Low FX | Not confirmed |
| Features | Free ATM, Digital only | Not confirmed |
| Legal entity | Salt Bank S.A. | National Australia Bank |
| Headquarters | Romania | Australia |
| Founded | Not confirmed | 2008 |
| Support channels | Email, Chat, Phone, Help centre | Not confirmed |
Savings
| Fact | Salt Bank | ubank |
|---|---|---|
| Headline rate | 5.3% to 5.9% | Not confirmed |
| Rate type | Fixed | Not confirmed |
| Term | 3 to 12 months | Not confirmed |
| Minimum deposit | RON 500 | Not confirmed |
| 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 | Not confirmed |
| Account kind | Fixed | Easy access |
Where each stands against the rest
| Fact | Salt Bank | ubank | Median |
|---|---|---|---|
| Currency conversion fee | 0%below the median | Not confirmed | 0.5% |
| Currencies | 19highest quarter | Not confirmed | 5 |
Median across 536 listed accounts.
Pros and cons
Salt Bank
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.
ubank
Pros
- Ubank lists goal-oriented savings, Autosave, savings accounts and Shared Save accounts.
- The captured overview does not provide rates.
Who each suits
Salt Bank
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.
ubank
Who it suits
- Australia Ubank customers choosing goal-based, automatic or shared savings tools
Current offers
Salt Bank
Current offer
First period offer
Prima luna este gratuit (first month free): First month of any Salt plan free
Applies to the Salt, Salt Everyday and Salt Premium plans on opening
Source, checked September 26, 2026
Bonus
13-lea salariu (13th salary campaign): An extra salary when you bring your salary to Salt
Source, checked September 26, 2026
Country by country
| Country | Salt Bank | ubank |
|---|---|---|
| Australia | No | Yes |
| Austria | Yes | No |
| Belgium | Yes | No |
| France | Yes | No |
| Germany | Yes | No |
| Ireland | Yes | No |
| Italy | Yes | No |
| Netherlands | Yes | No |
8 of 11 countries where either is available.
Questions about each
Salt Bank
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.
Other options to compare
Other matchups
Related by the facts
Salt Bank
ubank