Are there any fees if I switch to another fund?
Yes, if the transfer takes place before you reach 2 years with the current fund, the administrator may apply a transfer penalty of up to 5% of the value ...
What happens to my Pillar II funds if I change jobs?
Your Pillar II account remains yours. If your new job involves paying social contributions in Romania, the contributions will continue to be paid ...
What happens to my Pillar II account if I leave the country?
The amounts accumulated in your Pillar II account remain your property and continue to be managed according to the fund's rules.
Can I withdraw money from Pillar II before retirement?
No. Pillar II is designed as a savings system for retirement, and access to funds is regulated by law (retirement at the limit ...
What happens to my money if something happens to me?
The amounts accumulated in the Pillar II account are inheritable and can be claimed by legal or testamentary heirs, according to legal provisions.
Why is it important to check your Pillar II account regularly?
Because it’s your money. A periodic check helps you know how much you’ve accumulated, who manages your fund, and how your savings evolve over time.
Are my contributions enough for the pension I want?
Pillar II is an important part of retirement income, but not the only one. Many Romanians choose to supplement the savings accumulated here with other ...
How do I find out which Pillar II fund I contribute to?
You can quickly check this in BT Pay or on the Financial Supervisory Authority (ASF) website, using the fund identification option at ...
Can I buy a second-hand electric or hybrid car? Or does it have to be new?
We finance used electric or hybrid cars through leasing, but at the end of the leasing period the car's age cannot exceed 8 years.
I want to buy an electric car from a private individual. Can I get financing?
Unfortunately, cars purchased from private individuals cannot be financed. Only vehicles bought from authorized dealers or from ... can be financed.
I am not a Romanian citizen, but I live in Romania and have been working for a company in this country for 5 years. Am I eligible for financing?
You are eligible for financing if you meet the following conditions: you are an individual you are a Romanian or foreign citizen – from EU countries, residing ...
I do not have an account with Banca Transilvania nor do I own any BT product. Can I get financing from BT Leasing?
Individuals who are not Banca Transilvania clients can also apply for financing if they apply on the BT Leasing website, the Bank's ...
