Webank S.p.a.

 (2.5; 21 ratings)
2.5 21

Business Focus

direct retail banking

Webank S.P.A. is a direct bank offering retail banking products and services via direct channels like Internet. Being a direct bank, Webank doesn't have to maintain a costly branch network and hence can offer its products and services at competitive prices. Webank operates as a subsidiary of Banca Popolare di Milano.

Services

retail banking

Clients

natural persons

Area Served

ITItaly

Products

current accounts
debit cards
time deposit accounts
consumer loans
mortgage loans
trading accounts
investment funds

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits

See Also

Account Opening

Becoming a client of Webank S.p.a. can be done in a few steps:

1.
Completely online
2.
Account is ready within a few minutes

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

Ways to Bank

Webank S.p.a. delivers its products and services via direct (online) channels only, namely:
online banking
mobile app

Deposit Guarantee

Guarantee Fund
Interbank Deposit Protection Fund (FITD)Interbank Deposit Protection Fund (FITD)
Protected Amount
up to 100,000 EUR
Eligible Depositors
natural persons
legal entities
Covered Accounts
current accounts
cash accounts
time deposits

Webank S.p.a. participates in the deposit guarantee scheme of Italy. This deposit guarantee scheme applies to current accounts, cash accounts, time deposits made by natural persons, legal entities and covers up to up to 100,000 EUR per bank per depositor. Webank S.p.a. is a member of Interbank Deposit Protection Fund (FITD) and makes its contributions into it.

Contacts

VIA MASSAUA, 4, 20146, MILANO, Italy

Webank S.p.a. is headquartered in MILANO.

Bank Identifiers

BIC (SWIFT)
WEBNITMMXXX
LEI
815600A774423BACCB93
MFI ID
IT0001497128790