Advanzia Bank S.A.

Business Focus

loans and deposits

Incorporated in 2005, Advanzia Bank is a small Luxembourg-based bank, offering private consumers and business partners competitive, straightforward and transparent products and solutions. Advanzia Bank adheres to the classical banking model: it provides only two products to natural persons: credit card loans and deposit accounts. Advanzia Bank also offers bespoke credit card solutions for private banks and financial institutions.

Having a Luxembourg banking licence and taking advantage of European banking legislation, Advanzia Bank offers its products and services across borders within the EU/EEA. The credit cards are offered to individuals in Germany, France and Luxembourg, whereas the deposit accounts are available to individuals in other European countries as well.

Services

retail banking
white-label solutions

Clients

natural persons
business entities
financial institutions

Area Served

LULuxembourg
DEGermany

Products

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits

See Also

Account Opening

Becoming a client of Advanzia Bank S.A. can be done in a few steps:

1.
Submit online application

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

Ways to Bank

Advanzia Bank S.A. delivers its products and services via direct (online) channels only, namely:
online banking

Financials

Total Assets of Advanzia Bank S.A.
Annual_profit of Advanzia Bank S.A.
Total Assets (2019)
2,553.80 mln EUR  (+29.66%)
Annual Profit (2019)
78.26 mln EUR  (+32.49%)
Number of Employees (2019)
177  (+10.63%)

Advanzia Bank S.A. is the 37th largest bank in Luxembourg in terms of total assets. In 2019 its total assets were 2 553,80 mln EUR. In 2019 the bank's annual profit was 78,26 mln EUR. Advanzia Bank S.A. had 177 employees in 2019.

Deposit Guarantee

Guarantee Fund
Fonds de garantie des dépôts Luxembourg (FGDL)Fonds de garantie des dépôts Luxembourg (FGDL)
Protected Amount
up to 100,000 EUR
Eligible Depositors
natural persons (Luxembourg and foreign)
SMEs, companies
Covered Accounts
all cash deposits

Advanzia Bank S.A. participates in the deposit guarantee scheme of Luxembourg. This deposit guarantee scheme applies to all cash deposits made by natural persons (Luxembourg and foreign), SMEs, companies and covers up to up to 100,000 EUR per bank per depositor. Advanzia Bank S.A. is a member of Fonds de garantie des dépôts Luxembourg (FGDL) and makes its contributions into it.

Contacts

Parc d'activité Syrdall 2 9, rue Gabriel Lippmann, 5365, MUNSBACH, Luxembourg
+352 26 38 75 675
+352 26 38 75 699

Advanzia Bank S.A. is headquartered in MUNSBACH.

Social Networks

Advanzia Bank S.A. has profiles at the following social networks:

Bank Identifiers

BIC (SWIFT)
ADVZLULL
LEI
529900OKPZTTS50FXP26
Company Number
B109476
MFI ID
LUB00344

Bank History

Start Date
July 2005

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