Banco BPM

Banco BPM is an Italian bank, Banco BPM S.p.A., headquartered at Piazza Filippo Meda 4 in Milan. For small and medium-sized companies with active settlements it offers the YouBusiness FULL current account. Customer service is available in Italian and English.

YouBusiness FULL The account carries a fixed fee of EUR35 a month. In return it includes unlimited transaction entries, the YouBusiness Web online banking platform in its single-bank version and electronic statements. A multibank version of the platform, which consolidates accounts held at several banks, is offered at a discount. Individual payment services may be charged separately, so the fixed fee does not necessarily cover everything a company uses.

Registration and protection The material lists the bank's ABI code 05034, bank register number 8065 and LEI 815600E4E6DCD2D25E30. The bank is a member of the Italian FITD deposit guarantee scheme, subject to statutory eligibility.

Who it suits The flat-fee model suits firms with many monthly entries, for which per-transaction pricing would add up. Businesses with few operations should compare the fixed EUR35 against pay-per-use accounts.