Sparkasse Schwaz AG

Business Focus

retail banking

Sparkasse Schwaz AG is a regional savings bank providing retail, private and corporate banking products and services to local individuals, professionals, SMEs and companies.

Bank Category

Savings banks

Services

retail banking
insurance

Clients

natural persons
small- and medium-sized enterprises
companies
public-sector organizations

Area Served

local community

Products

current accounts
debit cards
credit cards
savings accounts
time deposit accounts
pension plans
housing savings
consumer loans
car loans
mortgage loans
trading accounts
business accounts
business payment cards
business loans

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits

See Also

Account Opening

Becoming a client of Sparkasse Schwaz AG can be done in a few steps:

1.
Submit online application
2.
Visit bank branch

Due to regulatory requirements Sparkasse Schwaz AG performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual Sparkasse Schwaz AG will ask him/her to provide the following documents: passport; proof of address. For corporate clients Sparkasse Schwaz AG will ask to provide corporate documentation as well as information about controlling persons. Sparkasse Schwaz AG may request additional documentation or information depending on the case. Sparkasse Schwaz AG performs client's identity verification via branch visit.

Ways to Bank

Sparkasse Schwaz AG delivers its products and services through both direct and indirect channels, namely:
branch
online banking
mobile app

Financials

Total Assets of Sparkasse Schwaz AG
Net_income of Sparkasse Schwaz AG
Market Share of Sparkasse Schwaz AG
Total Assets (2018)
1,696.06 mln EUR  (+5.77%)
Net Income (2018)
4.99 mln EUR  (+4,890.00%)

Sparkasse Schwaz AG is the 59th largest bank in Austria in terms of total assets. In 2018 its total assets were 1 696,06 mln EUR, providing the bank with the market share of 0.21%. Sparkasse Schwaz AG is the 12th largest savings bank in Austria (out of 49 savings banks) having market share of 1.02% amongst the banks of this category. In 2018 the bank's net income was 4,99 mln EUR.

Deposit Guarantee

Guarantee Fund
Sparkassen-Haftungs GmbH (s-Haftungs)Sparkassen-Haftungs GmbH (s-Haftungs)
Protected Amount
up to 100,000 EUR
Eligible Depositors
natural persons (Austrian and foreign)
legal entities (Austrian and foreign)
Covered Accounts
all balances on bank accounts

Sparkasse Schwaz 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. Sparkasse Schwaz AG is a member of Sparkassen-Haftungs GmbH (s-Haftungs) and makes its contributions into it.

Sparkasse Schwaz AG is a member of Erste Group (Austria).

Contacts

Franz-Josef-Straße, 8-10, 6130, Schwaz, Austria
45
050100/77300
050100/977300

Sparkasse Schwaz AG is located in Schwaz.

Bank Identifiers

BIC (SWIFT)
SPSCAT22XXX
Bank Sort Code
20510
LEI
529900P4VO14SV3AUU56
Company Number
280193z
MFI ID
AT0000000806750

Bank History

Established On
01 January 1872