Wirecard Bank AG

 (2.2; 21 ratings)
2.2 21

Business Focus

retail banking

Founded in 1999, Wirecard Bank is a part of German Wirecard Group, a global financial services and technology company. Wirecard Bank specializes in providing cashless payment solutions to private and business customers, including payment systems, account management, and payment cards. On June 25, 2020 Wirecard has filed for insolvency after an accounting scandal on missing $2,00 bln EUR.

Services

retail banking

Clients

natural persons
legal entities

Products

current accounts
debit cards
prepaid cards

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits

See Also

Account Opening

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

1.
Submit online application

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

Ways to Bank

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

Common Shares

Listed Entity
Wirecard AG
ISIN
DE0007472060
Stock Exchange
XETRAXETRA (XETR)
Ticker
WDI

See Also

Financials

Total Assets of Wirecard Bank AG
Net_income of Wirecard Bank AG
Market Share of Wirecard Bank AG
Total Assets (2018)
1,583.85 mln EUR  (+30.65%)
Net Income (2018)
23.50 mln EUR  (-23.93%)

Wirecard Bank AG is the 500th largest bank in Germany in terms of total assets. In 2018 its total assets were 1 583,85 mln EUR, providing the bank with the market share of 0.02%. In 2018 the bank's net income was 23,50 mln EUR.

Deposit Guarantee

Guarantee Fund
Entschädigungseinrichtung deutscher Banken GmbH (EdB)Entschädigungseinrichtung deutscher Banken GmbH (EdB)
Protected Amount
up to 100,000 EUR
Eligible Depositors
individuals
companies
Covered Accounts
all deposit accounts

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

Contacts

Einsteinring 35, 85609, Aschheim, Germany

Wirecard Bank AG is headquartered in Aschheim.

Social Networks

Wirecard Bank AG has profiles at the following social networks:

Bank Identifiers

BIC (SWIFT)
WIREDEMMXXX
LEI
52990056G4PX6ZS91O02
MFI ID
DE05729