crypto friendly bank
Société Générale
Headquarters: Paris, France • Founded: 1944
About Société Générale
Société Générale is ranked #22 in the list of largest global banks by assets under management. It serves retail and corporate clients worldwide, offering standard commercial banking, wealth management, and capital markets access. Regarding digital assets, its stance is crypto-friendly, offering integrations with major exchanges and custodians.
Regulations & Trust Profile
Banking License Type
commercial bank license
Licensed/Regulated By
France Central Bank
MiCA Compliant (EU)
Yes
Deposit Insurance
France Deposit Insurance (up to $100,000)
Supported Services & Assets
Fees & Pricing
Account Monthly Fee
$10/mo
Crypto Trading Fee
1.5%
Wire Transfer Fee
$15
Crypto Withdrawal Fee
$5
Pricing Notes: Crypto services may require external account linking.
Pros
- Huge liquidity
- Global network
- FDIC/local deposit protection
Cons
- Rigid traditional structure
- No direct custody of crypto assets
Frequently Asked Questions
Is Société Générale safe for crypto?
Is Société Générale FDIC insured?
Yes, standard cash deposits are insured under the France Deposit Insurance scheme up to $100,000 or local equivalents. However, government deposit insurance schemes do not cover cryptocurrency holdings.
Does Société Générale support business accounts?
Yes, Société Générale supports corporate and business accounts. Startup and business verification is subject to standard AML and company registration checks.
What countries does Société Générale operate in?
Société Générale operates primarily in France, and supports international clients from FR.
What are Société Générale's crypto fees?
Monthly account fees are $10. Crypto trading fees are 1.5%.
Can I send crypto directly from Société Générale?
No, Société Générale only supports fiat bank transfers and does not support on-chain cryptocurrency withdrawals.
Coverage
Target Audience
individual, business, institutional
Minimum Deposit
$100
Mobile Banking Apps
iOS, Android