top cx logo
cx logo
Explorearrow down
search icon

Orange launches its own bank

Smartphone account will offer a host of free, fast services

UPDATE: Orange Bank has clarified that cash machine withdrawals in the UK for pounds sterling are not free and will be charged at 2%

Telecoms giant Orange today launches its own online bank and, as the first ‘new’ bank independent of the traditional banking system, aims to shake up the banking sector.

Called Orange Bank  (, it aims to be simple and fast with accounts run from a smartphone with services such as simple payment, sending money by text/SMS and the ability to view your account quickly.

Accounts can be opened by anyone, whether an Orange customer or not, and come with no minimum earnings conditions, no charges for opening an account, no charge for mobile payment and, while there are some costs for non-smartphone operations, the bank card, chequebook and direct debits are free as are withdrawals at cash machines in France or the Eurozone.

Importantly, it says there will be no payment delays – the time between receiving or making a payment and it appearing in your account – which can be a frustrating part of using traditional banks.

Another important innovation is the ability to block a lost card immediately by using the smartphone app – and being able to unblock it immediately if the card is found.

As a bonus, Orange Bank is offering an €80 ‘welcome’ payment after three purchases using the Visa Orange Bank card or smartphone and €40 for existing Orange customers (subject to conditions).

Customers will also be able to open and run a savings account – with interest at 1% – by smartphone.

Que Choisir consumer group says it looks a cheaper deal than the traditional banks’ online versions such as Nickel from BNP Paribas and the network of tabacs or the German N26 although there will be some costs if the account is not used.

Stay informed:
Sign up to our free weekly e-newsletter
Subscribe to access all our online articles and receive our printed monthly newspaper The Connexion at your home. News analysis, features and practical help for English-speakers in France

Resident or second-home owner in France?
Benefit from our daily digest of headlines and how-to's to help you make the most of life in France
By joining the newsletter, you agree to our Terms & Conditions and Privacy Policy
See more popular articles
The Connexion Help Guides
featured helpguide
Healthcare in France*
Featured Help Guide
- Understand the French healthcare system, how you access it and how you are reimbursed - Useful if you are new to the French healthcare system or want a more in-depth understanding - Reader question and answer section Aimed at non-French nationals living here, the guide gives an overview of what you are (and are not) covered for. There is also information for second-home owners and regular visitors.
Get news, views and information from France
You have 2 free subscriber articles left
Subscribe now to read unlimited articles and exclusive content
Already a subscriber? Log in now