Raiffeisenbank Montfort eGen products, services and reviews

About Raiffeisenbank Montfort eGen

Raiffeisenbank Montfort eGen is an Austrian registered cooperative bank (eingetragene Genossenschaft) operating as an independent regional institution within the Raiffeisen Banking Group; in Vorarlberg it is linked to the central institution Raiffeisenlandesbank Vorarlberg, and it is supervised by the Austrian Financial Market Authority (FMA) and the Oesterreichische Nationalbank under the Austrian Banking Act and applicable EU rules. The bank focuses on retail and small to mid-sized business customers in its local market, offering current accounts, savings and term deposits, domestic and cross‑border SEPA payments, debit and credit cards, and cash services via the Austrian “Bankomat” network; card and account packages carry maintenance and usage fees that vary by product, customer segment, and channel, with details provided in the price list and subject to change. Lending covers overdrafts, consumer financing, housing loans, and SME credit; leasing and factoring are typically available through group partners, and securities brokerage, investment funds, and basic portfolio services are distributed via Raiffeisen group entities and subject to MiFID II requirements, while insurance is commonly intermediated through Raiffeisen-branded partners; all investment and insurance products involve risks and separate terms. Online and mobile banking are provided via Raiffeisen’s “Mein ELBA” platform with PSD2‑compliant strong customer authentication and 3‑D Secure for card payments; SEPA credit transfers and direct debits are standard, and the availability of instant transfers or specific mobile wallet integrations depends on the customer’s card and device. As a cooperative, customers may be able to become members by subscribing cooperative shares; membership confers governance rights (e.g., voting at the general meeting) but cooperative shares are not deposits, can be subject to holding and notice periods, and their value and payout are not guaranteed. Deposits are covered by the Austrian statutory deposit guarantee scheme (Einlagensicherung AUSTRIA Ges.m.b.H.) up to EUR 100,000 per depositor per bank under EU rules; certain investment claims may be covered by the investor compensation scheme within statutory limits. Account opening generally requires standard identification and anti‑money‑laundering checks, with availability of remote onboarding and specific product eligibility determined by the bank; services are primarily targeted at customers resident or operating in the region. Customers should review the current schedule of fees, interest conditions, and contractual terms, including charges for international transactions, cash withdrawals at non‑Raiffeisen ATMs, and early repayment or ancillary services, as pricing and features can differ by package and branch.