Ostsächsische Sparkasse Dresden products, services and reviews

About Ostsächsische Sparkasse Dresden

Ostsächsische Sparkasse Dresden is a public-law savings bank based in Dresden, Germany, operating within the Sparkassen-Finanzgruppe and focused on serving private, business, and municipal clients in Dresden and the surrounding region. Its product range covers current and savings accounts, debit and credit cards, domestic and cross-border payments (SEPA and SWIFT), consumer and mortgage lending, SME financing, and cash management, alongside investment and securities services distributed under German MiFID II rules, typically including funds from group providers such as DekaBank; insurance and building-society products are available through affiliated partners. Access is provided through a regional branch and ATM network, online banking, and the Sparkassen mobile app; contactless payments and widely used digital wallets are supported, and withdrawals at Sparkassen ATMs across Germany are generally included in account packages, while third‑party ATM use may incur fees. Account models usually carry monthly maintenance charges, with additional pricing for overdrafts, cards, and extras depending on tariff; preferential terms for younger customers may apply. The bank operates under a regional public mandate and is supervised by BaFin and the Deutsche Bundesbank; it participates in the Sparkassen-Finanzgruppe’s institutional protection scheme and is subject to the statutory deposit guarantee of up to 100,000 euros per depositor. Securities custody and brokerage are available via online and advisory channels, and foreign currency and travel money services can be arranged through group offerings. Conditions, eligibility, and product availability vary by customer profile and distribution channel, so review of the current price list and terms is necessary before opening or switching accounts.