TARGOBANK AG

TARGOBANK is a subsidiary Crédit Mutuel, a French cooperative bank. TARGOBANK provides retail banking products and services. The bank's is focused on reliable advice and simple, attractive products. TARGOBANK distributes its products via different channels - branches, phone, Internet.

Services

Area Served

Germany

Products

International Transfers

See Also

• SEPA Payments Explained

Account Opening

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

1.

Submit online application

2.

Visit bank branch

Open Account

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

Ways to Bank

branch

online banking

mobile app

Financials

TARGOBANK AG is the 40th largest bank in Germany in terms of total assets. In 2018 its total assets were 21 078,96 mln EUR, providing the bank with the market share of 0.30%. 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

TARGOBANK 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. TARGOBANK AG is a member of Entschädigungseinrichtung deutscher Banken GmbH (EdB) and makes its contributions into it.

Member of Group

 Crédit Mutuel (France)

TARGOBANK AG is a member of Crédit Mutuel (France).

Contacts

TARGOBANK AG is headquartered in Düsseldorf.

BIC (SWIFT)

LEI

MFI ID

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