EDEKABANK Aktiengesellschaft products, services and reviews

About EDEKABANK Aktiengesellschaft

EDEKABANK Aktiengesellschaft is a German private bank affiliated with the EDEKA Group, focusing on financial services for the group’s independent retailers, employees, and private customers. The bank offers current accounts, savings and term deposits, payment cards (girocard and major credit card brands), consumer and real estate financing, and business accounts with cash management and card-acquiring solutions for retail operations. Services are provided via online and mobile banking, telephone support, and a limited physical presence; account opening generally follows standard German identification procedures such as VideoIdent or PostIdent. EDEKABANK is supervised by BaFin and the Deutsche Bundesbank and participates in the statutory deposit guarantee system that protects eligible deposits up to 100,000 EUR per depositor under EU rules; pricing, interest rates, and conditions are set out in its price and service schedule. Payments include SEPA transfers and direct debits, with international transfers typically handled through correspondent banking; foreign card usage and non-euro transfers may involve additional fees. The customer base centers on EDEKA-affiliated merchants seeking industry-specific payment and financing solutions and private individuals needing everyday banking. Documentation and customer communications adhere to German consumer protection and data privacy laws, and complaints are processed under applicable national dispute-resolution frameworks. Tax treatment of interest and capital income follows German regulations, and applicants should review eligibility criteria and contractual terms before onboarding.