FIDOR Bank AG (Germany)

(2.1; 196 ratings)

Business Focus

direct retail banking

Founded in 2009, Fidor Bank provides retail banking products and services to private and business customers in innovative, technological ways: the bank uses IT solutions based on Web2.0 intrastructure and includes its customers into decision-making process via communication with its financial community. Fidor Bank also provides B2B banking services, including banking as a platform, API banking services and crypto settlement accounts. Fidor Bank crypto-currency-as-a-service offers simplified new crypto-related investing and trading, including Fidor ICO accounts and Fidor exchange accounts. Fidor Bank offers its products via direct banking channels.

Services

retail banking

B2B banking services

Clients

individuals

business entities

Area Served

Germany

Products

current accounts

debit cards

credit cards

savings accounts

time deposit accounts (0.00 - 0.70 %)

consumer loans

car loans

trading accounts

International Transfers

SWIFT Transfers

SEPA Credit Transfers

SEPA Instant Transfers

SEPA Direct Debits

Account Opening

Becoming a client of FIDOR Bank AG can be done in a few steps:

Completely online

Account is ready within a few minutes

Open Account

Due to regulatory requirements FIDOR Bank AG performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual FIDOR Bank AG will ask him/her to provide the following documents: passport; proof of address. For corporate clients FIDOR Bank AG will ask to provide corporate documentation as well as information about controlling persons. FIDOR Bank AG may request additional documentation or information depending on the case. Account opening procedure is usually completed within a few minutes.

Ways to Bank

FIDOR Bank AG delivers its products and services via direct (online) channels only, namely:

online banking

mobile app

Financials

Total Assets (2018)

1,470.52 mln EUR (+0.34%)

Net Income (2018)

0.00 EUR

FIDOR Bank AG is the 536th largest bank in Germany in terms of total assets. In 2018 its total assets were 1 470,52 mln EUR, providing the bank with the market share of 0.02%. In 2018 the bank's net income was 0,00 EUR.

Deposit Guarantee

Guarantee Fund

Entschädigungseinrichtung deutscher Banken GmbH (EdB)

Protected Amount

up to 100,000 EUR

Eligible Depositors

individuals
companies

Covered Accounts

all deposit accounts

FIDOR Bank AG participates in the deposit guarantee scheme of Germany. This deposit guarantee scheme applies to all deposit accounts made by individuals, companies and covers up to up to 100,000 EUR per bank per depositor. FIDOR Bank AG is a member of Entschädigungseinrichtung deutscher Banken GmbH (EdB) and makes its contributions into it.