ZUNO Bank AG A New Direct Banking Option in Central and Eastern Europe

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ZUNO Bank AG has entered the direct banking market in Central and Eastern Europe, offering a new option for consumers in the region.

Their online platform allows customers to manage their accounts, make transactions, and access financial services from anywhere with an internet connection.

The bank's focus on digital banking means customers can avoid the hassle of physical branches and long lines, making it a convenient option for those who prefer online banking.

ZUNO Bank AG is a part of the Raiffeisen Banking Group, a well-established and reputable financial institution in the region.

Overview

ZUNO's parent company is Raiffeisen Bank International (RBI), a bank that ranks among the top 100 banks worldwide.

RBI is embedded in the Austrian Raiffeisen Banking Group (RBG), which is the largest banking group in Austria.

ZUNO obtained a banking license from the Austrian Financial Market Authority in 2009.

The Single European Passport principle allows ZUNO to enter the banking market in another EU member state by simply following a notification process with the regulatory authorities.

Personal Accounts

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I've read about the personal accounts offered by ZUNO Bank AG. They offer a range of current accounts that can be managed online or through the mobile app.

You can open a current account with a minimum deposit of €1 and there are no monthly fees. This is a great option for those who want to keep their finances organized and easily accessible.

Their current accounts come with a Mastercard debit card, which can be used to make purchases, withdraw cash, or pay bills. The card can also be blocked or replaced if it's lost or stolen.

ZUNO Bank AG also offers a savings account, which is a great option for those who want to save money and earn interest. The interest rate is competitive and the account can be managed online or through the mobile app.

You can transfer money between accounts or to external accounts using the online banking platform or mobile app. This is a convenient feature that allows you to manage your finances on the go.

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Carole Veum

Junior Writer

Carole Veum is a seasoned writer with a keen eye for detail and a passion for financial journalism. Her work has appeared in several notable publications, covering a range of topics including banking and mergers and acquisitions. Veum's articles on the Banks of Kenya provide a comprehensive understanding of the local financial landscape, while her pieces on 2013 Mergers and Acquisitions offer insightful analysis of significant corporate transactions.

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