Solution Bank — Conto Yes
Solution Bank S.p.A.
tax and stamp duty take 31%
Data verified on last change 3,25% → 3,75% the sources
Worth it if you want to lock funds with no balance cap and no automatic rollover: at maturity the term ends and you can stagger multiple tranches in parallel, at zero cost.
Avoid it if you might need the capital before maturity: the term can't be shortened or closed early, and the unrestricted balance yields -0.126% net.
Conto Yes is Solution Bank's online deposit, available only digitally to individuals resident in Italy. The structure is straightforward: an unrestricted balance at 0.1% gross, and above it "locked tranches" the customer can create without limit, combining term, start date, rate and amount. Rates run from 3.00% at 6 months to 3.75%, identical on every term from 12 to 60 months. Two things set it apart: there is no cap on total balance, and at maturity the term ends by itself «with no possibility of rollover», so there is no risk of being locked in through inattention. In exchange the term cannot be shortened or closed early, and entry is €5,000.
Data & conditions
| Max gross rate | 3.75% |
|---|---|
| Max net rate | 2.575% — tax and stamp duty take 31% |
| Account type | Fixed term |
| Available terms | 6m · 12m · 18m · 24m · 36m · 48m · 60m — up to 3.75% gross |
| Early withdrawal | No |
| What early withdrawal costs | No early withdrawal: the information sheet states that «Conto Yes does not allow the term to be shortened, nor the deposit to be closed early». Anyone wanting to stay liquid can leave funds on the unrestricted balance, which pays 0.1% gross — a negative net return. |
| Interest compounding | At maturity |
| Interest paid upfront | No |
| Stamp duty | Paid by you — 0.2% of the balance per year |
| Deposit amount | €5,000 – — |
| Deposit guarantee | EU guarantee €100,000 |
| Automatic rollover | No |
| Requires a linked current account | No |
| Supported countries | EEA · 1+ countries |
| Regulator | Banca d'Italia |
| Segment | B2C |
| Funding / solidity | Romagna-based bank formed from the transformation of Credito di Romagna, serving retail customers online only |
| MiCA / License status | Licenza bancaria (Albo Banche n. 5597 · ABI 03273) Italian banking licence (Bank of Italy) |
Strengths
- No cap on total balance: the information sheet explicitly states «None».
- Automatic rollover is contractually excluded: at maturity the term ends by itself and the capital returns to the unrestricted balance, with no cancellations to remember.
- Multiple locked tranches can run in parallel, freely combining term, start date and amount: maturities can be staggered at will.
- Clean cost structure: opening, transactions, management and settlement are all zero.
- No notable sovereignty advantage documented.
Weaknesses
- Rigid lock-up: the term can neither be shortened nor closed early. There is no penalty because there is no option.
- The unrestricted balance pays 0.1% gross, which after withholding tax and stamp duty gives −0.126%: capital parked outside the locked tranches loses value in nominal terms.
- €5,000 entry per locked tranche.
- From 12 to 60 months the rate is identical, 3.75%: locking up for five years instead of one brings nothing extra.
- Custodial: the platform holds your funds and can freeze or lose them.
- Full KYC required: verified identity, zero pseudonymity.
- Subject to regulation (Italian banking licence (Bank of Italy)): reporting to authorities and freezes on order.
Verdict
Score 3.5/5, solid profile. In its favour: no cap on total balance: the information sheet explicitly states «None». The trade-off to weigh: rigid lock-up: the term can neither be shortened nor closed early. There is no penalty because there is no option.
On the Sovereignty lens the score is 0.4/5 (weak): the strength is censorship resistance (1.5/5), while fund control (0.0/5) is the weak link.
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.
Reputation
What happened to people who used Solution Bank — Conto Yes, and what users say. External signals: they do not feed the promp.it rating.
Incidents & regulatory actions
Past incidents, resolvedDocumented and closed events. They stay on file: an operator’s past is data, not a verdict.
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Regulatory action Moderate ✓ resolved
Credito di Romagna (now Solution Bank) placed under special administration
By decree of 20/07/2010, on a proposal from the Bank of Italy, the Minister of Economy dissolved the management and control bodies of Credito di Romagna S.p.A. and placed it under special administration for serious irregularities (art. 70(1)(a) of the Consolidated Banking Act). On 23/07/2010 the Bank of Italy appointed the special commissioner and the supervisory committee. The sources read do not mention any suspension of payments or losses for depositors. The procedure appears closed, since the bank later returned to ordinary governing bodies. The exact closing date could not be verified from an official source.
↗ source -
Regulatory action Minor ✓ resolved
Bank of Italy fines Solution Bank €35,000 over anti-money-laundering shortcomings
Following an inspection from 19/09/2022 to 22/12/2022, the Bank of Italy found shortcomings in customer risk profiling, customer due diligence and active cooperation (suspicious transaction reporting) under Legislative Decree 231/2007. By decision of 23/01/2024 it fined the bank €35,000, taking into account the corrective action already under way. According to the 2023 annual report, the board decided not to appeal. The findings concern internal controls, not customer funds.
↗ source
verified on
Public reviews
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App Store ↗
4.8/5
545 reviews
«Solution Mobile» app (seller SOLUTION BANK SPA), Italian App Store. Exact value from lookup: 4.74679 from 545 ratings.
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Google Play ↗
4.8/5
415 reviews
«Solution Mobile» app (id bank.solution.inbank). It is published by Allitude S.p.A. (Cassa Centrale Banca Group), the bank's IT provider, with developer website solution.bank. Rating 4.78 and count 415 taken from the structured data.
Weighted average across 2 public review platforms (960 reviews in total), weighted by volume. This is not our rating: it is those platforms’ average.
FAQ
What does 3.75% actually pay?
2.575% net. The 26% withholding tax applies to 3.75% gross, bringing it to 2.775%, then the 0.2% annual stamp duty on the balance is subtracted, which the information sheet places on the customer. Watch the comparisons: a 3.50% from a bank that absorbs the stamp duty pays 2.59% net, and therefore beats this 3.75%.
Can I close the term early?
No. The 28 October 2026 information sheet is blunt: «Conto Yes does not allow the term to be shortened, nor the deposit to be closed early». Money that might be needed should stay on the unrestricted balance, which however pays only 0.1% gross.
Is there a cap on how much I can deposit?
No — the information sheet states «None» as the maximum total balance. Remember though that the Italian deposit guarantee scheme covers €100,000 per depositor: anything above that stays exposed to counterparty risk and to bail-in rules, however high the contractual ceiling.
Does the term roll over automatically?
No, and it is stated explicitly: at maturity the term «ends automatically, with no possibility of rollover», and capital plus interest are credited to the deposit account. It is a safeguard against the commonest fixed-term mistake — staying locked in because you forgot to cancel.
Where must the money come from?
The transfer must come from a current account in the customer's name held at a bank in Italy. There is no need to open a current account with Solution Bank: Conto Yes is a standalone relationship.
Sources
- img.gruppomol.it Svincolo · Rinnovo · Bollo · Spese Data verified on Nov 4, 2026
Update history
- tasso_lordo_max_pct 3,25% → 3,75% New information sheet of 28/10/2026: 3.75% on every term from 12 to 60 months (previously 3.00% from 12 to 24 months and 3.25% from 36 to 60); 6 months from 2.50% to 3.00%.