Annual fees: € 20 • Initial deposit: € 0
Check deposit: ✘ • Cash deposit: ✔
Monthly cost of the card: € 0
Withdrawals in the euro area: € 0.5 at a tobacco shop, € 1 at an ATM • Payments in the euro area: Free of charge
Payments in foreign currency: € 2 per transaction • Payments in foreign currency: € 1 per transaction
Banque Nickel will start searching in 2020. Last week, the company announced its plan to roll out in Belgium and Portugal next year when it began opening its first bank accounts in Spain. Last year was very positive with up to 44,000 account openings in France in October, but the schedule for new developments has been a bit delayed.
Big ambitions abroad
With the approach of two million French customers, the Nickelbank seems particularly ambitious about its overseas model. It wants 700,000 customers in Spain by 2024. In five years the new deployments will generate 300,000 new accounts in Belgium and 450,000 in Portugal.
However, to be up and running next year, the bank will have to work extra hard to find its partner networks. At the moment they don’t seem to have been found. These discussions should liven up the calendar in the coming months in addition to the implementation of the innovations previously planned for 2020 in France.
A late schedule in France
In November, citrus press spoke to Assistant Director Marie Degrand-Guillaud and Product Manager Adrien Bonhomme to take stock of the latest developments at Nickel Bank over the year. The most important result: the lack of the release of a so-called “intermediate bank” announced for the summer.
“Some projects are late, including the bank card”, recognized those responsible. The establishment had to explain “Prioritize differently”.
For the second half of the year, however, customers were able to discover a new solution in cooperation with Ria Money Transfer to make it easier to send cash abroad. The opening of an account with Nickel Bank expanded the accessibility with 190 accepted passports.
“On a different scale” in 2024
Despite its takeover by BNP Paribas, Banque Nickel is considered a neo bank. The strategy, particularly aimed at banking bans and foreigners, is based on a checking account that comes with a bank card and a mobile application.
Unlike its competitors, since its inception on the tobacco store network to which it subscribes to install physical terminals there to deposit checks, open an account and do some of the simple operations, the company has capitalized on it.
AT THE citrus pressMarie Degrand-Guillaud announced that nickel will be “On a completely different scale” This therefore initially requires a Europe-wide service, but also an increase in the number of services in order to achieve a goal that the Nickelbank set itself at the beginning of last year: “Be the main account of our customers”, What happened if “” this is already the case with 60% of them ”. A possibility to move away from the label “Neo-Bank” and to compare us with online banks.