Orange Already Has Its Own Bank, Orange Bank Will Begin Operations in July

About a year ago we met the intentions of Orange to assemble your own bank, as part of this mobilization of the sector’s operators to cover more market. As Movistar with their safety in the home, or as the integration of television in their convergent rates offer.

To initiate these first steps in the banking sector, Orange was made with a majority share of Groupama, and then began the process of testing and certification of the future Orange Bank, which as of today is an official entity and 100% available to users, once has passed certain requirements.

First steps in France

Today, April 20, 2017, the go-ahead has been given to get the Bank started to operate, although for now the journey starts in France, home to the brand that came to Spain with Amena. The date of launch of the new Bank is expected to on July 6.

The new Orange Bank is also born with some restrictions, as that can only access the current workers of the operator. And own the Bank, of course. Is also of a bank that operate online and which can be accessed in person at stores that the operator has in each country. As we say, for now only in France.

The new Orange Bank will allow customers to have one account, a debit card, the overdraft protection and a savings account offering interest on the money entered. The service expected to be even more complete and provide insurance for customers, although at the moment it is unknown when these future additional enhancements will be available.

Mobile payments, of course

We are in the era of mobile payments and that a bank was born at these moments without providing these services would be virtually suicide, and is for this reason that Orange Bank will provide services such as access to mobile payments, to send money through SMS messages or questions of the State of the accounts at the time.

According to the own Orange, the new Bank is designed to 100% of the time can be operated via a mobile phone. Everything you can do with it will be simple enough to operate from the mobile without resorting to a computer, or phone calls to our “office”.

One final thing about this future Orange Bank is that the operator has announced that the services will have no cost for the user. Or maintenance of account or cards, but if not there will be penalties for overdrafts of balance that if support has not been specified.

As we said, Orange Bank starts to operate in France since the month of July. We hope that the experience is positive and soon extend its use to other countries that the operator has a presence.

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