Banque Raiffeisen

Banque Raiffeisen is a Luxembourg-based cooperative bank with a domestic focus, where customers can become members by subscribing cooperative shares and governance is exercised under a cooperative structure. It provides retail and SME banking services including euro current and savings accounts (LU IBAN), SEPA payments, debit and credit cards, consumer loans, home loans, and business financing, alongside access to investment and insurance products distributed through partners. Digital channels include online and mobile banking with strong customer authentication under PSD2, secure messaging, account alerts, and e-statements, while a national branch and ATM network supports cash and in-branch services that some processes may still require. Account opening follows standard know-your-customer and anti–money laundering procedures and may depend on residency and income documentation; pricing is set by a published tariff covering packages, payment operations, cards, and transfers, with separate charges for international services executed via SEPA and SWIFT subject to cut-off times and foreign-exchange markups. The bank is authorized in Luxembourg and supervised by the Commission de Surveillance du Secteur Financier and the Banque centrale du Luxembourg; eligible deposits are protected by the Fonds de garantie des dépôts Luxembourg up to EUR 100,000 per depositor per bank, with separate investor-compensation coverage under the SIIL. Banque Raiffeisen in Luxembourg is distinct from Raiffeisen Bank International and other Raiffeisen-branded institutions in other countries, which is relevant for cross-border products and service availability. Prospective clients should review the latest terms, tariff, and product documentation to confirm eligibility, fees, limits, and service scope before applying.