Raiffeisenbank Au eGen products, services and reviews

About Raiffeisenbank Au eGen

Raiffeisenbank Au eGen is an Austrian registered cooperative and member of the Raiffeisen Banking Group that operates as a local universal bank for private customers and small and medium-sized enterprises in its catchment area. Its offering typically includes current accounts with domestic and SEPA payments, debit cards and credit cards provided via group partners, savings and term deposits, consumer and housing loans, business accounts and financing, and brokerage of investment funds and insurance from affiliated providers; services are delivered through a branch footprint, access to ATMs, and the group’s Meine ELBA online and mobile banking with strong customer authentication under PSD2. Pricing is generally structured via account packages with maintenance, card, and transaction fees set locally, and interest and tariff details are published by the bank and can vary by customer segment. Account opening requires standard identification and residence documentation and may be available in branch or, for eligible applicants, via digital onboarding; non-resident or higher-risk profiles can face additional requirements. Cross-border euro payments use SEPA with IBAN/BIC, while international transfers in other currencies are handled through correspondent banks and can incur foreign exchange and transfer charges. The bank is supervised under Austrian law by the Financial Market Authority (FMA) and the Oesterreichische Nationalbank, participates in the Raiffeisen sector’s institutional protection scheme, and deposits are covered by the statutory Austrian deposit guarantee (Einlagensicherung AUSTRIA) up to 100,000 EUR per depositor per bank, with temporary higher coverage in certain legally defined cases. Customer service is primarily in German via branch and remote channels, and product scope, eligibility, fees, and service hours are determined locally and subject to change based on published conditions.