BANCA SIMETICA S.P.A. products, services and reviews

About BANCA SIMETICA S.P.A.

Banca Simetica S.p.A. is an Italian joint-stock company operating in the banking and financial services sector and subject to the country’s standard regulatory framework for banks and investment firms; prudential supervision is conducted within the European system led by the European Central Bank with day-to-day oversight by the Bank of Italy, and investment services (where applicable) fall under CONSOB and MiFID II rules. As required in Italy and the EU, the institution is bound by capital and liquidity requirements (CRR/CRD), payment services rules (PSD2 with strong customer authentication), anti–money laundering and counter–terrorist financing obligations, and GDPR data protection. Eligible retail deposits, if offered, are protected by the Fondo Interbancario di Tutela dei Depositi up to EUR 100,000 per depositor per bank, while securities and investment products are not covered and carry market and issuer risk disclosed in product documents. Pre-contractual and ongoing transparency obligations apply: payment accounts require a Fees Information Document and a Statement of Fees; consumer lending and mortgages must show APR/TAEG and deliver the ESIS; investment services must provide ex‑ante and ex‑post cost disclosures and, for packaged products, PRIIPs KIDs. The bank is required to file annual financial statements with the Italian Companies Register and publish key regulatory disclosures (including, where applicable, Pillar 3) and tariff schedules; governance generally includes a board of directors and a board of statutory auditors with external audit. Customer onboarding involves standard KYC with valid identification and tax code, and non‑resident access can be subject to additional requirements. Complaints follow Italian timelines and escalation paths: a written “reclamo” to the bank first, then the Arbitro Bancario Finanziario for banking disputes or the Arbitro per le Controversie Finanziarie for investment‑service matters, without prejudice to court action. Product scope, channels (branches, online, corporate desks), fee levels, and eligibility criteria are defined in the bank’s “fogli informativi,” contractual terms, and notices; prospective clients should review the latest published financial statements, tariff sheets, and regulatory disclosures to assess costs, coverage, and risks associated with the specific services actually offered by Banca Simetica S.p.A.