Raiffeisenbank Wels eGen products, services and reviews

About Raiffeisenbank Wels eGen

Raiffeisenbank Wels eGen is a regional cooperative bank based in Wels, Austria, operating within the Raiffeisen Bankengruppe in Upper Austria. Organized as a registered cooperative (eGen), it serves private customers, small and medium-sized enterprises, and agricultural clients with current accounts, savings and term deposits, consumer and housing loans, business financing, and payment services. Securities accounts, investment funds, and insurance products are typically offered via group or external partners. Payments are supported through debit cards (contactless and online-enabled) and credit cards issued via partner institutions; mobile wallets such as Apple Pay and Google Pay are generally available for compatible cards. Online and mobile banking are provided via Raiffeisen’s “Mein ELBA” platform, including transfers, standing orders, e-bills, and strong customer authentication in line with PSD2. The bank maintains local branches in the Wels area and gives customers access to the wider Raiffeisen ATM network across Austria. Account packages carry published fees and conditions; charges can apply for services such as cash withdrawals outside the network, international transfers, or foreign-currency card use. Account opening is available in-branch, with remote onboarding options depending on product and identification requirements. Deposits are protected up to EUR 100,000 per depositor under the Austrian statutory deposit guarantee (Einlagensicherung AUSTRIA), and the institution participates in the Raiffeisen sector’s institutional protection scheme; investment products are subject to market risk and are not covered by deposit insurance. Raiffeisenbank Wels eGen is subject to supervision by the Austrian Financial Market Authority and applicable Austrian and EU banking rules.