Salt Bank review

The monthly fee is RON 0 and the currency conversion fee is 0%, so card spending and currency conversion both carry no charge on this account. For a business that pays suppliers abroad every month, that removes the two recurring costs most likely to reach a company card statement.

The account is run as SALT BANK S.A. and regulated by Banca Nationala a Romaniei in Romania. The legal entity is SALT BANK S.A. and the head office sits in Romania, so a Romanian business account is the shape of service the bank is built around.

Salt Bank serves the business market, so the account is set up for companies rather than private individuals. The multi-currency feature, listed as multi currency, fits a firm that holds balances and pays suppliers in more than one currency, with a card for daily spending.

It is a debit card on the mastercard network, so spending draws straight from the account balance rather than a revolving credit line. Because the card is multi-currency, a business can cover local and foreign suppliers from the same balance.

The free ATM allowance is RON 900. Once that is used, further withdrawals carry a charge, so a business that pays most suppliers by transfer can keep cash use low and stay inside the free amount.

Help arrives through help centre, and that list does not include a phone or chat channel, so urgent problems take longer to resolve than routine questions. Written answers suit the account admin work a business raises most often, such as statements and payment details.

It ranks 1 of 379 brands on monthly fee and 1 of 237 on currency conversion fee. The free ATM allowance sits at rank 24 of 104, and the overall score is 7.