Updated on 13 November 2019
FinTech Group Bank (formerly biw Bank) is a German bank providing corporate and insitutional customers a range of corporate and investment banking products and services including online brokerage, securities, loan processing, payment services, capital markets transactions, mergers and acquisitions, collateral loans and public-sector loans.
Hellobank, formerly known as direktanlage.at, was founded in 1995 and was a pioneer among online brokers. Since 2015 Hellobank is a member of BNP Paribas Group. Hellobank specializes in online brokerage services and retail banking.
Easybank is Austria's largest direct bank offering products and services of a universal bank. The product portfolio of Easybank ranges from services in payment and securities over different savings products and various forms of financing and credit card products. Although Easybank doesn't have classic brick-and-mortar branches, its customers can always contact the bank through the phone or e-mail.
Generali Bank, founded in 2002, is a member of Generali Group, one of the largest insurers in Austria. Generali Bank offers a comprehensive and demand-oriented product range from current and savings accounts, payments to investments in securities. Generali Bank has no proprietary, costly branch network. Certain products such as savings accounts can be quickly and easily obtained online.
Raiffeisenlandesbank Oberösterreich Aktiengesellschaft is a regional bank of Raiffeisen Banking Group (Austria) whose principal owners are local Raiffeisen Banks operating in the corresponding province. Raiffeisenlandesbank Oberösterreich Aktiengesellschaft is a universal bank offering a broad range of retail and corporate banking products and services to local residents. Raiffeisenlandesbank Oberösterreich Aktiengesellschaft is also a regional center for the local Raiffeisen Banks responsible for IT infrastructure, marketing and advertising.
Since September 2015 bankdirect.at operates as a business unit of Raiffeisenlandesbank Oberösterreich and provides direct bank access to products and services offered by Raiffeisenlandesbank Oberösterreich. bankdirect.at offers a wide range of savings and lending products and brokerage services.
Austria: This product is offered to Austrian residents only. When clicking on the product link you will be redirected to the product page in German.
Trading accounts are similar to current accounts, but trading accounts can hold both cash and securities. Trading accounts are used to execute trade transactions involving buying and selling financial instruments, for example, stocks, bonds, futures and options.
The table above shows essential details of selected time deposit products offered to retail customers by the banks in Austria: annual costs and costs per order. The trading accounts annual costs vary from 0.00 to 60.24 EUR, costs per order are within the range 3.90 - 23.82 EUR.
Trading accounts made with financial institutions, credit institutions, investment firms in Austria are covered by investor compensation scheme up to 20,000 EUR per investor.
Costs per order are calculated for an order of 1 000 EUR placed in the home market for one of the supported instrument types (stocks, bonds, ETFs, options, certificates).