Raiffeisen-Volksbank eG products, services and reviews

About Raiffeisen-Volksbank eG

Raiffeisen-Volksbank eG is a German cooperative bank (eingetragene Genossenschaft) operating within the Genossenschaftliche FinanzGruppe Volksbanken Raiffeisenbanken and supervised by BaFin and the Deutsche Bundesbank. Its model centers on regional retail and SME banking, with ownership by member-customers who may acquire cooperative shares that entitle them to voting rights and a potential dividend; these shares are not deposits and follow separate terms and risks. The bank’s core offering typically includes current accounts (Girokonten), savings and term deposits, consumer loans, mortgages, construction financing, and business accounts, complemented by investment and insurance products provided through group partners such as Union Investment and R+V Versicherung; securities custody and brokerage are available, with costs and advisory models defined by MiFID II requirements. Payments services cover SEPA transfers, standing orders, and card payments, with Girocard common and optional Mastercard/Visa debit or credit cards issued via group partners; digital wallets and real-time transfers may be available depending on the local institution. Digital banking is provided through web and mobile channels with PSD2-complaint two-factor authentication and standard features like transfers, card controls, and document inbox; functionality varies by region. Cash access is supported by the cooperative “BankCard ServiceNetz” ATM network. Business clients can expect cash management, POS and e-commerce acquiring via group providers, and financing for working capital and investment projects. Deposits are protected by the BVR institutional protection scheme, with BVR Institutssicherung GmbH recognized for statutory coverage up to the applicable limits, and an additional voluntary scheme aiming to stabilize member institutions; terms and limits apply. Pricing for accounts, cards, and transactions is set locally and published in the price and service schedule; fee levels and interest rates differ by region. International services are available for standard cross-border payments within SEPA and selected non-SEPA transactions via partners, but global coverage and English-language servicing can be limited compared with larger international banks.