Salt Bank Brings Digital Banking to Romania

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Two workers collecting salt at sunrise, showcasing traditional methods in a scenic outdoor setting.
Credit: pexels.com, Two workers collecting salt at sunrise, showcasing traditional methods in a scenic outdoor setting.

Salt Bank is making waves in Romania's banking scene by bringing digital banking to the country. They launched their services in 2020.

Their digital banking platform offers users a convenient way to manage their finances online. Salt Bank's platform is user-friendly and accessible on both desktop and mobile devices.

One of the key benefits of digital banking is the ability to make transactions and check account balances in real-time. This can be especially helpful for people who are always on-the-go.

Salt Bank's digital banking services are designed to be secure and reliable, with robust security measures in place to protect user data.

For your interest: Banks and Banking Services

About Salt Bank

Salt Bank is the first Romanian neobank, and it's growing fast in Southeastern Europe. It was launched this month, offering simple, customer-centred financial and banking products and services.

Salt Bank is a wholly owned subsidiary of Banca Transilvania Financial Group, the largest financial group in Southeastern Europe.

The bank is part of a project to disrupt the Romanian banking sector as its first 100% digital bank Made in Romania.

History

From above of aged stone stairway covered with salt in ancient cave with shabby walls and wooden railings in Registry Chamber of Salina Turda mine
Credit: pexels.com, From above of aged stone stairway covered with salt in ancient cave with shabby walls and wooden railings in Registry Chamber of Salina Turda mine

Salt has been a crucial resource for human civilization since ancient times. The earliest known salt deposits date back to around 6000 BC in the Khewra Salt Mines in the Himalayas.

Salt was a highly valued commodity in ancient Rome, where it was used not only as a seasoning but also as a form of currency. Roman soldiers were even paid in salt, which is where the word "salary" originates.

The Khewra Salt Mines in the Himalayas are still operational today, producing over 700,000 tons of salt per year.

Frequently Asked Questions

How do I close my Salt Bank account?

To close your Salt Bank account, call the Contact center at *4455. This is the only way to initiate the account closure process.

How many customers does Salt Bank have?

Salt Bank has onboarded over 300,000 customers using automated client acquisition strategies. This rapid growth is a testament to the bank's innovative approach to customer acquisition.

Elena Feeney-Jacobs

Junior Writer

Elena Feeney-Jacobs is a seasoned writer with a deep interest in the Australian real estate market. Her insightful articles have shed light on the operations of major real estate companies and investment trusts, providing readers with a comprehensive understanding of the industry. She has a particular focus on companies listed on the Australian Securities Exchange and those based in Sydney, offering valuable insights into the local and national economies.

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