Established in 2006, Monabanq is a French online bank, providing a broad range of retail banking products and services (current accounts, payment cards, consumer loans, savings accounts) as well as insurance and online brokerage. Monabanq has special offers for young people and self-employed professionals. In 2014 Monabanq became the first online bank to open a current account without any income requirement. Monabanq is a member of Crédit Mutuel - CIC Group.
Becoming a client of Monabanq. can be done in a few steps:
Due to regulatory requirements Monabanq. performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual Monabanq. will ask him/her to provide the following documents: passport; proof of address. For corporate clients Monabanq. will ask to provide corporate documentation as well as information about controlling persons. Monabanq. may request additional documentation or information depending on the case. Account opening procedure is usually completed within a few minutes.
In 2018 total assets of Monabanq. were 475,63 mln EUR. In 2018 the bank's net income was -9,05 mln EUR.
Monabanq. participates in the deposit guarantee scheme of France. This deposit guarantee scheme applies to all deposit accounts made by natural persons, legal entities and covers up to up to 100,000 EUR per bank per depositor. Monabanq. is a member of Fonds de Garantie des Dépôts et de Résolution (FGDR) and makes its contributions into it.
Monabanq. is headquartered in VILLENEUVE D ASCQ.
Monabanq. has profiles at the following social networks: