BPER Banca — BPER On Demand BPER On Demand Pro
A plan byBPER Banca — BPER On Demand · Visa
BPER On Demand is the modular retail current account of BPER Banca, opened online or in-branch. The base configuration has a €5.30/month fee, waived for under-35s, in the first online quarter and with salary/pension crediting or an incoming transfer ≥ €1,000/month. Debit Plus card (Visa) included at €0, withdrawals at BPER Group ATMs at €0 and free SDD utility direct debits. Italian IBAN and FITD €100,000 deposit guarantee.
BPER On Demand Pro
- Price
- €5
What's included
- Under 35: €0 · Over 35: €0 first 3 months, then €4.90/month
- Free unlimited withdrawals at any ATM in Italy
- Free Debit Plus card (Visa)
Data & conditions
| Account fee | €5 |
|---|---|
| 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 | €2 |
| Card included | Carta di Debito Plus (Visa) inclusa a €0 sul canale online |
| Interest on balance | 0% |
| Network | Visa |
| ATM withdrawal | Free |
| Free ATM limit | BPER Group ATMs €0; other bank in Italy or Euro Area €2.70 per withdrawal (free unlimited at all Italian ATMs on the Pro plan) |
| Fund custody | Custodial (platform holds funds) |
| KYC | Full |
| Supported countries | EEA · 1+ countries |
| Regulator | Banca d'Italia · BCE (MVU) |
| Segment | B2C |
| Funding / solidity | BPER Group · ~6M customers · over 2,000 branches · listed (BPE) |
| MiCA / License status | Licenza bancaria (Albo Banche n. 4932) IT banking licence (Bank of Italy · ECB-SSM) |
Strengths
- €5.30/month fee genuinely waivable (under-35s, first online quarter, salary/pension crediting or transfer ≥ €1,000/month)
- Debit Plus card (Visa) included at €0 on the online channel
- BPER Group ATM withdrawals at €0 and free SDD utility direct debits
- Large supervised banking group (~6M customers, over 2,000 branches) with FITD €100,000 deposit guarantee
- No notable sovereignty advantage documented.
Weaknesses
- Outside the waiver conditions the account costs €5.30/month + €2.85 stamp duty (if balance > €5,000)
- Withdrawal at other banks in Italy or the Euro Area €2.70, with no included free allowance
- Online SEPA transfer €1.75 unless the 100%-discount online module is activated/obtained
- 0% credit rate: non-interest-bearing, single-currency (EUR only); extra costs via optional modules
- 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 · ECB-SSM)): 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
BPER On Demand earns a mid protection score: a significant bank supervised by the Bank of Italy and the ECB, FITD €100,000 deposit guarantee, a free Visa debit card, and free group-ATM withdrawals and SDD utility debits. The limit is cost for those outside the waiver conditions — €5.30/month fee plus stamp duty, €1.75 online transfer without the module, €2.70 other-bank withdrawal — compounded by a modular structure that raises the total cost. Non-interest-bearing, single-currency account.
Supervised bank account: custodial, full KYC, censorable and freezable by court order or AML obligation. The FITD deposit guarantee and Bank of Italy supervision — strengths for protection — are exactly what distance it from the trustless model. 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 BPER On Demand fee?
The base configuration costs €5.30/month, but it is waived for under-35s, in the first quarter for online openings and with salary/pension crediting or an incoming transfer ≥ €1,000/month. Add €2.85 stamp duty (due only with a balance > €5,000).
Are deposits guaranteed?
Yes, by the Interbank Deposit Protection Fund (FITD) up to €100,000 per depositor; BPER Banca is a FITD member.
Sources
- Official service page Canone · Carta · Prelievi · Bonifici · +1 Data verified on Jul 12, 2026