Safeguarding & segregated accounts
We are a FinTech oriented bank, eager to collaborate and become your reliable partner.
Whether you are a new company looking to obtain the National Bank of Romania (NBR) authorization or an experienced Electronic Money Issuer or a Payment Institution, either in Romania or abroad, we put our banking expertise and professional team at your disposal. Together, we are confident that we can build a strong and long-term relationship, based on customized solutions and high-tech infrastructure.
We believe in customer driven approaches and, therefore, we work closely with each client and provide you with a tailored offer that will meet your exact needs and requirements.
We are here to empower your business!
1. Know how
We have a vast experience that recommends us as yout trustworthy and reliable partner. Our offer will help you meet regulatory standards and requirements.
2. Focus on your needs
We listen carefully to you, understand your requirements and come with the appropriate solution, because we strongly believe in tailored made offers that suit your exact business.
3. Fast delivering
We know that in current day environment, rapidity is a must. As soon as you tell us your requirements, our team will develop the optimal strategy and deliver our proposal.
4. Full range of products
We back-up all your operations. Whether it's current accounts, sub-accounts, protected accounts, or a combination of all, here you can find a full banking infrastructure with everything you need to conduct your business.
5. Competitive pricing
We are committed to offer a cost-effective solution to your needs that will reflect our engagement in this market.
The products are available to Romanian companies or to companies from other EU Member States for which the competent authorities have notified the National Bank of Romania regarding the providing of their services directly on the Romanian territory;
Currency: RON/ EUR/ USD/ GBP/ CHF/ HUF;
Distinct record of the funds according to their purpose, by offering special current accounts:
- Safeguarding accounts: opened in order to protect the funds received as a result of the payment services provided. The amounts are highlighted separately from the funds intended for the activities carried out by the payment institution, other than the activities related to payment services for clients, and, if they are still owned by the payment institution, respectively they have not been handed over to the beneficiary of the payments and have not been transferred to another payment service provider before the end of the working day following the day they were received, the funds are deposited and kept in a separate account at TECHVENTURES BANK S.A. until remittance to the payment beneficiary or transfer to another provider of payment services. These amounts cannot be seized or executed in any situation, including in case of the institution insolvency. The funds stored here cannot be used to conduct business operations;
- Segregated accounts:
special accounts used for the execution of payment operations, that highlights the operations at
user level:
- Services that allow cash deposits in a payment account, as well as all operations necessary for the functioning of a payment account;
- Services that allow cash withdrawals from a payment account, as well as all operations necessary for the functioning of a payment account;
- Performing the following payment operations, if the funds are not covered by a credit line: direct debits, including single direct debits, payment operations through a s card or a similar device, credit transfer operations, including scheduled payments;
- Performing the following payment operations, if the funds are covered by a credit line opened for a user of payment services: direct debits, including single direct debits, payment operations through a payment card or a similar device, credit transfer operations, including scheduled payments;
- Issuing payment instruments and/or accepting payment operations;
- Remittance of money.
- Current accounts: for the use of the institution for its own activity.
Contact us now and get your customized solution for your plan!