Raiffeisenbank Erl eGen

Raiffeisenbank Erl eGen is a local cooperative bank based in Erl, Tyrol, organized as an eingetragene Genossenschaft (eGen) within the Austrian Raiffeisen sector. The bank focuses on retail and small-business customers in its immediate region, offering current accounts, savings and term deposits, consumer and housing finance, payment services, debit and credit card solutions, and access to online and mobile banking with strong customer authentication under PSD2. Standard euro payments are processed via SEPA credit transfers and direct debits; international and foreign-currency transfers are available through established correspondent networks, typically subject to fees and exchange-rate markups. Cash services are supported through the national ATM infrastructure. Pricing and conditions are set locally and published in the bank’s schedule of fees; interest rates on deposits and loans are variable and depend on market levels and customer risk. As a cooperative, ownership rests with members, and account opening and lending follow Austrian KYC/AML requirements. The institution operates under the Austrian Banking Act and is subject to national financial supervision; eligible deposits are protected by the statutory deposit guarantee up to EUR 100,000 per depositor, per bank, in line with EU and Austrian rules. The branch footprint and product scope are oriented to the surrounding area; customers with broader corporate, capital markets, or international needs may rely on services available through the wider Raiffeisen group.