Raiffeisen is the largest banking group in Austria, with services offered to nearly half of the population the country. With 24,700 people employed in 1,514 locations across the country, the bank provides a wide range of services to clients, including bank accounts, financing, credit cards, and more.
Safety is one of bank’s top priorities. All accounts receive the same level of security, regardless of whether they’re owned by businesses or individuals, or whether they use local or foreign currency.
For clients looking to open a checking account, Raiffeisen bank Austria offers a selection of accounts to help them get started.
The Basic Account is for anyone who is legally a resident of Europe. The Basic Account comes with online banking, unlimited transactions, and other features for a small fee.
Other customers might prefer the Salary Account, which provides more options and features, as well as personal advisor. With this account, clients are entitled to such features as:
- a deposit insurance
- an ATM card with contactless payment
- monthly statements
- access to online and mobile banking.
College students can apply for a Student Account, which comes with no monthly fees. With this account, clients are granted access to the Raiffeisen Club, which offers discounts and benefits to students. Clients also receive a free debit card, as well as a credit card upon request. This account can be used until the student graduates college.
Young adults can apply for a Youth Account, which also grants access to the Raiffeisen Club. This account also comes free of charge, with free online banking and a mobile app.
Savings and business accounts
The bank also offers a savings account with features to help clients save their money. With the mobile app clients can keep track of their savings by setting goals and transfer money into their account after each transaction.
As well as the personal accounts, the bank provides an account for business owners looking to save and even maximize their income. This is not a “one size fits all” account, instead, the client speaks with an advisor to choose features and services tailored for their specific business. This account comes with 24-hour online banking.
How to apply
Clients cannot directly apply for services online, but they can fill out the form on the bank’s website to request more details. They can also visit a local branch to apply for an account in person.
Business owners looking to open a account can follow the same procedure for more details.