Raiffeisenbank Passail eGen

Raiffeisenbank Passail eGen is a local cooperative bank based in Passail, Styria, and part of Raiffeisen Bankengruppe Österreich. Organized as an eingetragene Genossenschaft, it is owned by member-customers and governed by a management board and supervisory board under Austrian banking and company law. Its product set typically covers current and savings accounts, domestic and cross-border SEPA payments, debit cards (usually on the Debit Mastercard scheme), credit cards issued via partner providers, consumer and housing loans, overdrafts, term deposits, and brokerage access to investment and insurance products offered within the Raiffeisen network. Digital banking is delivered through the group’s Mein ELBA platform with two-factor authentication (app confirmation or cardTAN), complemented by branch services and access to the national Bankomat ATM network; availability, limits, and functionality depend on the chosen account and card package. Deposits are protected by the Austrian statutory deposit guarantee up to EUR 100,000 per depositor per bank via Einlagensicherung AUSTRIA Ges.m.b.H., and the bank participates in the Raiffeisen sector’s institutional protection scheme that provides mutual support within the group. The institution is supervised by the Austrian Financial Market Authority (FMA) and the Oesterreichische Nationalbank under EU and national rules, and applies standard KYC/AML onboarding; account opening generally requires valid identification and proof of residence, with in-branch processes common and remote identification available where supported. Pricing is set out in the published fee schedule and typically includes monthly account package fees, card fees, transfer and cash handling charges, and interest rates for credit and overdraft facilities that adjust with market conditions; customers should review the Preisblatt and product terms before entering into agreements. SEPA credit transfers and standing orders are standard; international transfers outside SEPA are processed via SWIFT and can involve additional charges and longer settlement times. Communication and documentation are primarily in German, and the bank’s activity is regional, focusing on Passail and surrounding communities in Styria, with referrals to other Raiffeisen entities for products requiring broader scale or specialized licensing.