Bank Index

MEMO BANK

Bank · Paris, France · overall 5.2 / 10

Open in Bank Index

How this 5.2 is built

Average of 6 scored needs: 5.2. Regulation in France: 85/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. Scores set by its kind of institution.

MEMO BANK is recorded in the global register as a bank in Paris, France. The register names European Central Bank, list of monetary financial institutions as its regulator and shows the licence as licensed. Established 2017. Collected from open registers.

On its own website: “Memo Bank accompagne les entreprises à forte intensité transactionnelle à automatiser leurs flux par API ou EBICS”

Legal name
MEMO BANK
Regulated by
European Central Bank, list of monetary financial institutions
Licence confirmed
yes, on a regulator's own list
Established
2017
LEI
969500151TTK0D1U6N42
Website
memo.bank

Scores, 0 to 10

6.0Europe (EU, EEA, Switzerland)
Licensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet. · source
6.0Financial strength & stability
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.5Cross-border payments, FX and multi-currency accounts
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Lowest fees
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Best interest on business balances
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Trade, manufacturing & import-export
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
4.5Fast digital onboarding
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.