In January 2020, Österreichische Post has bought 80% of the shares of Brüll Kallmus Bank AG. In the second quarter of 2020, bank99 AG will start offering retail banking products and serives via digital channels as well as at Österreichische Post’s branches.
Becoming a client of bank99 AG can be done in a few steps:
Due to regulatory requirements bank99 AG performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual bank99 AG will ask him/her to provide the following documents: passport; proof of address. For corporate clients bank99 AG will ask to provide corporate documentation as well as information about controlling persons. bank99 AG may request additional documentation or information depending on the case. bank99 AG performs client's identity verification via video call.
bank99 AG is the 526th largest bank in Austria in terms of total assets. In 2018 its total assets were 19,18 mln EUR, providing the bank with the market share of 0.00%. bank99 AG is the 35th largest joint stock bank and private bank in Austria (out of 36 joint stock banks and private banks) having market share of 0.01% amongst the banks of this category. In 2018 the bank's net income was 977 000,00 EUR.
bank99 AG participates in the deposit guarantee scheme of Austria. This deposit guarantee scheme applies to all balances on bank accounts made by natural persons (Austrian and foreign), legal entities (Austrian and foreign) and covers up to up to 100,000 EUR per bank per depositor. bank99 AG is a member of Einlagensicherung AUSTRIA Ges.m.b.H (ESA) and makes its contributions into it.
bank99 AG is headquartered in Wien.