Münchner Bank eG products, services and reviews

About Münchner Bank eG

Münchner Bank eG is a regional cooperative bank based in Munich and part of the Genossenschaftliche FinanzGruppe Volksbanken Raiffeisenbanken. It focuses on retail and small to mid-sized corporate clients in the greater Munich area, offering current accounts, payments, cards, savings and term deposits, securities custody and brokerage, consumer financing, mortgages, and real estate-related products such as building savings contracts via group partners. Business banking includes corporate accounts, payments and liquidity management, working-capital and investment financing, leasing and factoring through network providers, and merchant acquiring and POS solutions via VR Payment. Investment and insurance products are typically distributed in collaboration with Union Investment and R+V Versicherung; commercial real estate financing is available with group institutions such as DZ HYP, and capital markets services are accessed via DZ BANK. Digital banking is delivered through the group’s OnlineBanking and VR Banking app with strong customer authentication (e.g., VR SecureGo plus and chipTAN/photoTAN methods), along with support for mobile wallets such as Apple Pay and Google Pay depending on card type and eligibility. The bank maintains a local branch network and remote advisory channels; pricing is account-model based with monthly fees and transaction-dependent charges, and interest rates are variable and subject to change. As a cooperative, customers can become members by acquiring shares, gaining voting rights and potential dividend distributions subject to results. Münchner Bank eG is supervised by BaFin and the Deutsche Bundesbank and participates in the BVR Institutssicherung (statutory scheme) and the cooperative sector’s institutional protection (BVR Sicherungseinrichtung), with the standard €100,000 statutory deposit guarantee per depositor applying to eligible deposits.