Western Union International Bank was established in 2004 and a wholly owned subsidiary of Western Union Company, a global provider of money transfers for individuals and companies. Apart from money transfers, Western Union International Bank also provides business payments, currency exchange and MasterCard payment cards; the produts are available not only at the bank branches, but also at the points of sale. Western Union International Bank GmbH, Sp. z o.o. Oddział w Polsce operates as a branch of Western Union International Bank GmbH (Austria).
|Current Accounts||from 0.00 PLN p.a.|
|Time Deposit Accounts||up to 1.05 %|
|Consumer Loans||from 5.12 %|
|Yes (up to 100 000 EUR per depositor)|
Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.
All branches of EU-banks operating in Poland participate in deposit guarantee schemes of their home countries. This means that Western Union International Bank GmbH, Sp. z o.o. Oddział w Polsce participates in the deposit guarantee scheme of Austria.
In the case of Western Union International Bank GmbH, Sp. z o.o. Oddział w Polsce failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:
|Eligible Depositors||natural persons, legal entities|
|Covered Accounts||all balances on interest-bearing and non-interest bearing accounts|
|Covered Currencies||EEA currencies|
|Maximum Protected Amount||100 000 EUR|
|Paid In Currency||EUR|
Any bank can be identified for different purposes and hence can have several different identifiers.
MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.
The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.
MFI ID of Western Union International Bank GmbH, Sp. z o.o. Oddział w Polsce is shown in the table below.