Generali Bank AG

Business Summary

Business Focus
providing products and services via direct banking
Services
retail banking
brokerage
Clients
natural persons
Products
Area Served
Austria

Generali Bank AG is focused on providing products and services via direct banking. Generali Bank AG provides products and services in the areas of retail banking, brokerage. The range of products offered by Generali Bank AG includes current accounts, savings accounts (0.12 - 0.12 %), time deposit accounts (0.10 - 0.10 %), trading accounts, investment funds. Generali Bank AG makes its solutions available to natural persons.

Account Opening
completely online
within a few minutes

Opening an account with Generali Bank AG can be done completely online within a few minutes.

Ways to Bank
online banking

Generali Bank AG operates as a direct bank without a branch network. Products and services offered by Generali Bank AG are available via online banking.

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.

Generali Bank AG offers the following savings accounts.

Updated on 14 December 2019

ErtragsKonto flexibel
Sales Region
Austria
Account Currency
EUR
Interest Rate (p.a.)
0.12 %
Deposit Term
1 - 12 months
Savings Account Details
Product Name
ErtragsKonto flexibel
Account Currency
EUR
Min. Interest Rate (p.a.)
0.12 %
Max. Interest Rate (p.a.)
0.12 %
Min. Deposit Term
1 month
Max. Deposit Term
12 months
Min. Investment Amount
1 EUR
Max. Investment Amount
100,000 EUR
Interest Frequency
1 times a year

Austria: 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 Generali Bank 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 Generali Bank 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).

Generali Bank AG offers the following time deposit accounts.

Updated on 14 December 2019

PremiumKonto
Sales Region
Austria
Account Currency
EUR
Interest Rate (p.a.)
0.10 %
Deposit Term
12 months
Time Deposit Account Details
Product Name
PremiumKonto
Account Currency
EUR
Min. Interest Rate (p.a.)
0.10 %
Max. Interest Rate (p.a.)
0.10 %
Min. Deposit Term
12 months
Max. Deposit Term
12 months

Austria: 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 Generali Bank 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 Generali Bank AG from the time deposit account.

See Also

Trading Accounts

Trading accounts are used to execute trade transactions involving buying and selling various financial instruments, for example, stocks, bonds, futures and options. Trading accounts can hold both cash and securities.

Trading accounts offered by Generali Bank AG are shown in the table below.

Updated on 14 December 2019

Depot
Sales Region
Austria
Annual Costs
50.84 EUR
Costs per Order
23.82 EUR
Trading Account Details
Product Name
Depot
Annual Costs
50.84 EUR
Costs per Order
23.82 EUR
Traded Instruments
stocks
bonds
ETFs
funds
options
certificates
Stock Exchanges
XETRA
Frankfurt Stock Exchange
Vienna Stock Exchange
NYSE
Trading Account Features
Major world stock exchanges
Most popular trade instruments
Available to Austrian residents

Austria: This product is offered to Austrian residents only. When clicking on the product link you will be redirected to the product page in German.
Investor Compensation. Trading accounts made with Generali Bank AG are covered by investor compensation scheme of Austria up to 20,000 EUR per investor.

See Also