Autobank AG

Business Summary

Services
retail banking
corporate banking
Products
savings accounts (0.05 - 0.05 %)
time deposit accounts (0.10 - 0.30 %)
car loans
vehicle trade
factoring
fleet management
Area Served
ATAustria

Autobank AG provides products and services in the areas of retail banking, corporate banking. Autobank AG offers a range of products including savings accounts (0.05 - 0.05 %), time deposit accounts (0.10 - 0.30 %), car loans, vehicle trade, factoring, fleet management.

Account Opening

Account Opening Procedure
submit online application

Opening an account with Autobank AG can be done by performing the following steps: submit online application.

Required Documents
passport
proof of address
application form

Autobank AG requires the following documents to open a personal bank account: passport; proof of address; application form.

While opening a bank account Autobank AG has to perform KYC procedure and comply with AML requirements. KYC procedure usually includes obtaining the information about customer identity, residential address, current occupation and source of income. KYC checks performed by Autobank AG and the documents used are outlined below.

Identity Verification
passport
any one of the documents above
Address Confirmation
proof of address
any one of the documents above
Current Occupation
Income Source
Forms
application form
all the forms from above

Autobank AG may require additional documentation or information depending on the case.

Ways to Bank

Business Channels
branch branch
online banking online banking

Products and services offered by Autobank AG are available at its branches and via its online banking system.

Products

Savings Accounts

Savings accounts are interest-bearing deposits accounts which allow to withdraw money at any time. While providing more flexibility, savings accounts usually offer lower interest rates and shorter deposit terms than time deposit accounts.

Autobank AG offers the following savings accounts.

Updated on 21 October 2020

Tagesgeld
Sales Region
ATAustria
Account Currency
EUR
Interest Rate (p.a.)
0.05 %
Deposit Term
1 - 12 months
Savings Account Details
Product Name
Tagesgeld
Account Currency
EUR
Min. Interest Rate (p.a.)
0.05 %
Max. Interest Rate (p.a.)
0.05 %
Min. Deposit Term
1 month
Max. Deposit Term
12 months
Min. Investment Amount
1 EUR
Max. Investment Amount
999,999 EUR
Interest Frequency
1 times a year

ATAustria: This product is offered to Austrian residents only. When clicking on the product link you will be redirected to the product page in German.
Deposit Guarantee. Savings accounts made with Autobank AG are covered by deposit guarantee scheme of Austria up to 100,000 EUR per depositor.
Withholding Tax. Interest income gained on savings accounts by non-residents of Austria is not taxed. Interest gained on savings accounts by residents of Austria is taxed at 25.00% rate. When the interest is paid, this tax is automatically withhold by Autobank AG from the savings account.

See Also

Time Deposit Accounts

Time deposits accounts are interest-bearing deposit accounts offering higher interest rates than savings accounts. However the money deposited to such account cannot be withdrawn for a specified period of time (term).

Autobank AG offers the following time deposit accounts.

Updated on 21 October 2020

Festgeld
Sales Region
ATAustria
Account Currency
EUR
Interest Rate (p.a.)
0.10 - 0.30 %
Deposit Term
12 - 48 months
Time Deposit Account Details
Product Name
Festgeld
Account Currency
EUR
Min. Interest Rate (p.a.)
0.10 %
Max. Interest Rate (p.a.)
0.30 %
Min. Deposit Term
12 months
Max. Deposit Term
48 months

ATAustria: This product is offered to Austrian residents only. When clicking on the product link you will be redirected to the product page in German.
Deposit Guarantee. Time deposit accounts made with Autobank AG are covered by deposit guarantee scheme of Austria up to 100,000 EUR per depositor.
Withholding Tax. Interest income gained on time deposit accounts by non-residents of Austria is not taxed. Interest gained on time deposit accounts by residents of Austria is taxed at 25.00% rate. When the interest is paid, this tax is automatically withhold by Autobank AG from the time deposit account.

See Also

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