Banks in Romania
Banks operating in Romania. Compare branches, ATMs, and see options for students and tourists.
Overview
Banking System in Romania
The banking system in Romania is regulated by local financial authorities and offers a mix of local and international banks. Whether you're a resident, student, expat, or tourist, understanding the banking landscape in Romania is essential for managing your finances effectively.
Most banks in Romania offer standard services including current accounts, savings accounts, credit cards, loans, and international money transfers. Many banks also provide specialized services for students, expats, and businesses operating in Romania.
When choosing a bank in Romania, consider factors such as account fees, minimum balance requirements, ATM network coverage, online banking capabilities, and eligibility requirements for non-residents. Learn more about opening a bank account in Romania as a foreigner.
Banks Operating in Romania
| Bank | HQ | |
|---|---|---|
BT
Banca Transilvania
|
Romania | View profile |
BR
BCR Banca Comercială Română
|
Romania | View profile |
BG
BRD Groupe Société Générale
|
Romania | View profile |
EN
Emirates NBD
|
United Arab Emirates | View profile |
IG
ING Group
|
Netherlands | View profile |
BP
BNP Paribas
|
France | View profile |
CI
Citibank
|
United States | View profile |
CA
Crédit Agricole
|
France | View profile |
Account Types and Payment Methods
Banks in Romania typically offer several account types:
- Current Accounts: For everyday banking, bill payments, and direct debits. Often come with debit cards and online banking access.
- Savings Accounts: For earning interest on deposits. Interest rates vary by bank and account type.
- Student Accounts: Special accounts for students with reduced fees and simplified requirements. See student-friendly banks in Romania.
- Business Accounts: For companies and entrepreneurs operating in Romania.
Payment methods commonly used in Romania include debit cards, credit cards, bank transfers, and mobile payment apps. Many banks offer contactless payment options and mobile banking apps for convenient transactions.
Banking Safety and Deposit Insurance
Bank deposits in Romania are typically protected by deposit insurance schemes that cover a certain amount per depositor per bank. This protection helps ensure the safety of your funds in case of bank failure.
When choosing a bank, verify that it is licensed and regulated by the appropriate financial authority in Romania. Licensed banks are required to meet capital requirements and follow strict regulatory standards to protect depositors.