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The Unlimited Package, built around free transfers between BT customers, has created a community of 250,000 entrepreneurs.

PRESS RELEASES
27 January 2020
READING TIME: 2 MINUTES
The Unlimited Package, built around free transfers between BT customers, has created a community of 250,000 entrepreneurs.
  • Banca Transilvania has reached 250,000 entrepreneur clients with current account packages, up 25% in 2019 versus 2018.
  • More than 60% of the bank’s active business clients use current account packages.
  • In 2019, BT had 310,000 active SME clients, up 15% versus 2018.
  • The bank has streamlined the Nelimitat facility, which now comes in four current account packages with unlimited transactions within the BT network and interbank transactions in RON and foreign currencies. The facility was built on the idea of free transfers between BT clients.
  • For a BT client on the Unlimited Package, a payment in RON costs the same as a payment in euros, dollars or any other currency, anywhere in the world.
  • 215,000 Banca Transilvania clients use the Unlimited Package and 35,000 the First Year Free Package, and both are unique in banks’ offerings.

 

First Year Free Package is aimed at entrepreneurs starting out and means zero fees on a range of banking transactions for clients whose companies are in their first year of operation. After one year, the offer automatically switches to the Unlimited Package, a base package with unlimited transactions within the BT network, to which the client can add extra options depending on the number of transactions they make each month in any currency.

 

The new Unlimited: four options:

  • Base Unlimited package within the BT network: unlimited number of transactions between BT SME clients; 5 free withdrawals from the bank’s own ATMs, keeping the current per-account daily withdrawal limit of RON 10,000; a Visa Business Silver card; BT24 Internet Banking and Mobile Banking; 40 account notifications (RON 29/month);
  • Base package + 10 interbank transactions in RON or foreign currency (RON 46/month);
  • Base package + 25 interbank transactions in RON or foreign currency (RON 76/month);
  • Base package + unlimited transactions: unlimited number of payments in any currency (subscription: RON 129/month).

 

For a BT client on the Unlimited Package, a payment in RON costs the same as a payment in euros, dollars or any other currency, anywhere in the world.

 

Banca Transilvania has the widest coverage when it comes to SMEs in Romania. 3 out of 5 SMEs in Romania bank with Banca Transilvania.

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