The cost of opening an account: From 690 EUR

General information

Name:Erste Bank AG


Faunded:1 819
History:Erste Bank is the Austrian retail bank with headquarters in Vienna, Austria, and the oldest bank of financial group Erste Group Bank AG. Moreover, the whole banking business of the financial group Erste Group Bank AG with multiple subsidiaries in Central and Eastern Europe is often referred to as the Erste Bank. Holding Erste Group Bank AG is one of the largest financial services providers in Central and Eastern Europe. Erste Group Bank AG, focusing on retail banking business and financial support to small and medium-sized businesses, has more than 50,000 employees and more than 3,200 branches in 8 countries (Austria, Czech Republic, Slovakia, Romania, Hungary, Croatia, Serbia, and Ukraine). The oldest savings bank in Austria was founded in 1819. In 1997, Die Erste osterreichisshe Spar-Casse Bank AG and GiroCredit united in Erste Bank der oesterreichischen Sparkassen AG. In August 2008 - Erste Group Bank AG, which is the second largest banking group in the country and the leading bank of the Austrian Savings Banks Group.
Employees:English-, German-, Polish-speaking staff
Shareholders:DIE ERSTE österreichische Spar-Casse Privatstiftung (Vienna Austria) - 20,1%; CaixaBank SA (Barcelona Spain) - 9,9%; shares in free float - 65.5%; savings banks - 4.4%
Security:Agreement on the avoidance of double taxation was concluded; AML legislation is strictly observed; Active membership in the OECD, FATF, Basel Commitee, Egmont Group, and others.

Private Banking Erste


Terms of opening for admission (days):10
Opening terms for cancellation (days):10
Recommendations:Not required
Description of activity:Detailed
Account type:Settlement and Savings
Types of accounts:Personal; Corporate; Savings; Settlement
Departure to the bank:Visiting the bank is required
Required documents:Copy of internal or international passport, standard set of corporate documents. For companies that is older than 6 months Certificate of Good Standing (not older than 3 months) is required. Additional documents can be requested
Account opening, probability:Calculated and perceived
Particularities during account opening:There are no particular requirements and nuances


Rating in the world:98
Country Rating:1
Rating on loans:A


Balance, minimum:500 000 €
Limit of transfers (per month):No information
An initial fee :0 €
Annual turnover (minimum):1 000 000 €
Transaction speed:Value date is on the second day. Operational day ends at 12.00 (Moscow)

Services and costs

Cost of translation:Transfer fee is 0.2% of the amount, but not less than 8 EUR
Cost of enrollment:Fee for crediting is 0.2% of the amount, but not less than 8 EUR
Cost of account maintenance:Account maintainance for individuals ranges from 10.55 to 28,47 EUR per quarter; and for corporate clients - 0.03% (minimum 13,50 EUR per quarter). Closing an account is free of charge (for individuals), 12,38 EUR (for corporate clients). Cash withdrawal fee is 0.25% (minimum 3,63 EUR)
Credit card restrictions:No information
Insurance for credit cards:No information
Access to the account:Fax with prior arrangement with the officer/banker. Free system of surveillance for account condition via a modem is available. Instructions via e-mail (except for applications for the transfer) are also available.
Bank services:Checkbooks (Eurocheques) (the cost of checkbook with 10 checks is 5 EUR, suspension of payment upon check is 11 EUR). Letters of credit. Bank warranties. Bank confidently works with all bank instruments
Bank cards:VISA (VisaCard First, VisaCard Gold, VisaCard Platinum, VisaCard Privat Banking); servicing - from 1.57 to 9,16 EUR per month. MasterCard (MasterCard First, MasterCard Gold); maintenance - from 1.57 to 5,82 EUR per month
Cost of extracts storing:Provision of extracts - from 0.04 to 0,90 EUR. Sending of bank statements costs 0,85 EUR plus expenses for dispatching
Download Tariffs:

Corporate Customers Erste

Chose bank, where you would like to open an account and press "Submit"Введите свой номер телефона и ожидайте входящего звонка по указанному Вами номеру,
our Lawyer will contact you and provide answers on all your questions Chose bank, where you would like to open an account and press "Order", our Lawyer will contact you and provide answers on all your questions.
Select Bank's name sort descending Price of account opening Established
Anglo-Austrian Bank from 690 EUR 1923
Benduro Bank (Austria) AG from 550 EUR 1890
Credit Suisse (Austria) AG from 690 EUR 1856
Deutsche Bank (Austria) AG from 590 EUR 1989
Erste Bank AG from 690 EUR 1819
Euram Bank AG from 690 EUR 1999
Kathrein Privatbank from 590 EUR 1924
LGT Bank (Austria) Ltd from 590 EUR 2007
Raiffeisen Bank International AG from 590 EUR 1898
Vorarlberger Landes und Hypothekenbank from 590 EUR 1897
Wiener Privatbank SE from 590 EUR 1981