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IS · ISK

Iceland digital banks

Indó is indó sparisjóður hf. — an Icelandic savings bank, not a Lithuanian EMI with a glacier in the ads. TIF is the scheme. EEA residency and electronic ID are the onboarding. Directories misspell it Indo and dump it next to an Indonesian wallet.

1Live on the desk

Regulator

Central Bank of Iceland (Seðlabanki Íslands) / Fjármálaeftirlitið

Deposit scheme

TIF (Tryggingarsjóður innstæðueigenda og fjárfesta) up to €100,000 per depositor per bank

In this market

Licence still sits on the product
ProductScoreHQMonthlyFXUsersLicence
indó7.0Reykjavík, IcelandISK 0 core pitch — confirm liveNo FX-fee pitch — still an ISK bankIceland-scaleSavings bank — indó sparisjóður hf.

Questions

01

Is Indó an EMI?

No. indó sparisjóður hf. is a savings bank supervised by the Central Bank of Iceland. Eligible deposits sit under TIF up to €100,000.

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