Banca Etica — Conto In Rete Conto In Rete Soci
A plan byBanca Etica — Conto In Rete · Visa
Conto In Rete is the online current account for individuals from Banca Popolare Etica, the only fully ethical Italian bank: it collects savings and lends only to social, environmental and cultural projects, publishing every loan it grants online (no arms or fossil-fuel financing). The fee is quarterly: €12/quarter for the standard profile, €9 for members and €3 for under-35s, with €34.20/year stamp duty. It includes an international debit card (Visa) and 60 operations per quarter; beyond that, €1 per operation. Bank supervised by the Bank of Italy with FITD deposit guarantee up to €100,000.
Conto In Rete Soci
- Price
- €3
What's included
- €9/quarter fee (€36/year) for Banca Etica members
- Same operating conditions as the standard profile
Data & conditions
| Account fee | €4 |
|---|---|
| IBAN | dedicato · IT · IT |
| Deposit guarantee | EU guarantee €100,000 |
| Multi-currency | No (single currency) |
| Outbound transfers to third-party IBANs | Yes |
| Utility direct billing | Yes |
| SEPA direct debit (SDD) | Yes |
| On-chain crypto withdrawal | No |
| SEPA transfer | €1 |
| Card included | Carta di debito internazionale (circuito Visa) inclusa nel canone |
| Interest on balance | 0% |
| Network | Visa |
| ATM withdrawal | Free |
| Free ATM limit | ATM withdrawals free at Banca Etica, Cooperative Credit Banks and Casse Rurali in Italy; €2.50 per withdrawal at other Italian banks/intermediaries |
| Fund custody | Custodial (platform holds funds) |
| KYC | Full |
| Supported countries | EEA · 1+ countries |
| Regulator | Banca d'Italia |
| Segment | B2C |
| Funding / solidity | Italy's only ethical-finance bank · cooperative company limited by shares · based in Padua · loans published online |
| MiCA / License status | Licenza bancaria (Banca d'Italia · Albo delle Banche) IT banking licence (Bank of Italy) |
Strengths
- Transparent ethical finance: every loan granted is published online, no arms or fossil-fuel financing
- International debit card (Visa) included in the fee
- Reduced fee for members (€9/quarter) and under-35s (€3/quarter); 100% online opening via video selfie
- Bank supervised by the Bank of Italy with FITD deposit guarantee up to €100,000
- No notable sovereignty advantage documented.
Weaknesses
- Standard fee not waivable: €12/quarter (€48/year) plus €34.20 stamp duty for non-members and over-35s
- Only 60 operations included per quarter: beyond that €1 per operation; online SEPA transfer €0.50
- Free ATM withdrawals only on the Banca Etica/BCC/Casse Rurali network; €2.50 at other Italian banks; non-interest-bearing account
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (IT banking licence (Bank of Italy)): reporting to authorities and freezes on order.
- FATF-aligned jurisdiction: strong cooperation with authorities.
- Closed source: no way to verify what it does with wallet and data.
Verdict
Conto In Rete earns a good score: a bank supervised by the Bank of Italy, FITD €100,000 guarantee, an included Visa debit card and — unique in the Italian market — full transparency on lending, with every loan published online and arms and fossil fuels excluded. On cost it is honest but not cheap: standard fee €12/quarter plus stamp duty (reduced only with member status or under-35), 60 operations included per quarter, €0.50 online SEPA transfer and a non-interest-bearing account. You pay a small premium for a bank aligned with ethical and transparency values.
Supervised bank account: custodial, full KYC, censorable and freezable by court order or AML obligation. The FITD guarantee and Bank of Italy supervision — strengths for protection — are exactly what distance it from the trustless model. The ethical mission concerns how savings are used (transparent lending, no arms/fossils), not user autonomy: no self-custody, no permissionless use.
Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.
"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.
FAQ
How much is the Conto In Rete fee?
The fee is quarterly: €12/quarter (€48/year) for the standard profile, €9/quarter for Banca Etica members and €3/quarter for under-35s, plus €34.20/year stamp duty (not due if the average yearly balance does not exceed €5,000).
Which card and how many operations are included?
An international Visa debit card is included. The fee covers 60 operations per quarter; beyond that each operation costs €1. Online SEPA transfers cost €0.50, at the branch €6.00.
Are deposits guaranteed and what does the bank invest in?
Yes: Interbank Deposit Protection Fund (FITD) guarantee up to €100,000 per depositor. Banca Etica lends savings only to projects with a social and environmental impact and publishes every loan it grants online.
Sources
- Official service page Data verified on Jul 12, 2026
- assets.bancaetica.it Data verified on Jul 12, 2026