Südwestbank is a medium-sized regional bank, focused on providing retail, private and corporate banking products and services in Baden-Württemberg to private individuals, families, entrepreneurs and companies.
Becoming a client of SÜDWESTBANK AG can be done in a few steps:
Due to regulatory requirements SÜDWESTBANK AG performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual SÜDWESTBANK AG will ask him/her to provide the following documents: passport; proof of address. For corporate clients SÜDWESTBANK AG will ask to provide corporate documentation as well as information about controlling persons. SÜDWESTBANK AG may request additional documentation or information depending on the case. SÜDWESTBANK AG performs client's identity verification via branch visit.
SÜDWESTBANK AG is the 123rd largest bank in Germany in terms of total assets. In 2018 its total assets were 6 243,85 mln EUR, providing the bank with the market share of 0.09%. In 2018 the bank's net income was 189,70 mln EUR.
SÜDWESTBANK 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. SÜDWESTBANK AG is a member of Entschädigungseinrichtung deutscher Banken GmbH (EdB) and makes its contributions into it.
SÜDWESTBANK AG is headquartered in Stuttgart.