Raiffeisenbank Westendorf eGen products, services and reviews

About Raiffeisenbank Westendorf eGen

Raiffeisenbank Westendorf eGen is a regional cooperative bank based in Westendorf, Tyrol, operating under Austrian cooperative law and belonging to the Raiffeisen Banking Group in Austria via the Tyrol network. As a cooperative (eGen), it is owned by its members and governed by a management board and supervisory board. The bank focuses on retail and small-business customers in its local catchment area and typically offers current accounts, savings and term deposits, payment cards, domestic and cross-border payments, consumer loans, mortgages, and financing for small enterprises and agriculture; investment funds and insurance products are generally distributed through Raiffeisen group partners. Access is provided through the local branch, ATMs, online banking and the Raiffeisen mobile app (Mein ELBA), with strong customer authentication in line with PSD2. Payments are processed via SEPA credit transfers and direct debits for euro transactions, with international transfers handled over SWIFT; Austrian IBANs begin with AT and follow the national format, and the applicable BIC is provided on customer documentation. Pricing follows published tariffs that usually differentiate between account packages and pay-as-you-go models; fees may apply for account maintenance, cards, cash services, and paper-based orders, while digital channels are generally priced separately. Deposits are protected by Einlagensicherung AUSTRIA GmbH up to EUR 100,000 per depositor per bank, with statutory provisions for certain temporary high balances; the institution is supervised by the Austrian Financial Market Authority and the Oesterreichische Nationalbank and participates in the Raiffeisen institutional protection framework. Account opening requires standard identification and source-of-funds checks; acceptance of non-resident clients and remote onboarding options depend on current policy and may require an in-person visit. The bank’s regional footprint and integration in the Raiffeisen network shape its product scope, risk profile, and service capacity.