Raiffeisenbank Hochfranken West eG products, services and reviews

About Raiffeisenbank Hochfranken West eG

Raiffeisenbank Hochfranken West eG is a German cooperative bank serving retail customers, self-employed clients, SMEs, and associations in the Hochfranken area of Bavaria. As a member of the Genossenschaftliche FinanzGruppe Volksbanken Raiffeisenbanken, it operates under the cooperative model, with members able to acquire shares and exercise voting rights; any member dividend depends on annual results and resolutions. The bank offers standard retail and business products, including current accounts (Girokonto), savings and term deposits, consumer and car loans, construction and mortgage finance, business accounts and working capital facilities, as well as SEPA and international payments. Securities custody and investment funds are typically provided through group partners such as Union Investment and DZ BANK; insurance solutions are available via R+V Versicherung; building society contracts via Bausparkasse Schwäbisch Hall; and commercial real estate or larger corporate lending may involve DZ HYP and related group entities. Access channels include branches, online banking, and the VR Banking app, with authentication methods such as chipTAN or pushTAN; identity verification is usually completed via branch, PostIdent, or VideoIdent and may be limited to customers resident in Germany. Card services generally include girocard for domestic use and Mastercard or Visa debit/credit products for broader acceptance, with cash withdrawals available at the nationwide BankCard ServiceNetz of Volksbanken Raiffeisenbanken; fees and limits depend on the specific account model and card. Pricing follows the German regulatory framework for transparency (price notices/Preisaushang in branch and online), and conditions for accounts, transfers, cards, overdrafts, and loans vary by product, usage, and creditworthiness. The bank is supervised by BaFin and the Deutsche Bundesbank; deposits are protected up to 100,000 euros per depositor by the statutory BVR Institutssicherung GmbH, and the cooperative network also maintains the BVR Sicherungseinrichtung as an institutional protection scheme. Standard services include SEPA transfers and standing orders, contactless and mobile payments where supported, and business services such as POS terminals and cash management via the cooperative network. Complaints can be submitted to the bank’s internal process and, if unresolved, to the customer complaints office of the Bundesverband der Deutschen Volksbanken und Raiffeisenbanken (BVR). Customers should consult the bank’s current schedule of prices and services and product information sheets for detailed conditions, as fees, interest rates, and availability of services can change.