Tag: Bank fee and account
Without agreeing to the terms and conditions – Sparda-Bank terminates accounts
Sparda Bank Baden-Württemberg The cooperative bank terminated current accounts if customers had not agreed to the prices and conditions. (Photo: Sparda Bank Baden-Württemberg) Frankfurt Like Postbank, other financial institutions are…
Smartphone bank terminates numerous accounts without notice
Frankfurt The most valuable German fintech is threatened with new trouble: customers are outraged because their N26 account was abruptly terminated. No transfers, no cash withdrawals: the Handelsblatt is aware…
Sparkasse has to pay thousands of euros in interest
Frankfurt In the dispute over premium savings contracts, a higher regional court (OLG) has decided on the exact calculation of interest for the first time. The OLG Dresden ruled that…
Savings banks: General terms and conditions consent at the ATM
ATMs of a savings bank Some savings banks try to persuade customers at ATMs to agree to fee increases. (Photo: imago images / Joko) Frankfurt If banks and savings banks…
Every second bank wants to raise the prices for current accounts in 2022
Frankfurt Bank customers in Germany have to be prepared for the fact that many current accounts will become more expensive this year. About half of the credit institutions are targeting…
Termination if negative interest is not approved
In the meantime, other financial institutions have taken the step or are about to do so. Postbank has terminated some customers’ accounts because they did not agree to negative interest…
Almost 27,000 accounts for refugees
savings banks The German savings banks have started to open large-scale accounts for Ukrainians. So far there are around 27,000. (Photo: dpa) Frankfurt The German savings banks have started to…
Frustration among customers of the VTB Bank subsidiary
VTB Bank in Frankfurt VTB Direct Bank is a branch of VTB Bank Europe. (Photo: Jan Huebner) Frankfurt “How do I get my money?” Many VTB direct bank customers are…
Postbank terminates certain checking accounts
postal bank Postbank terminates the current accounts of customers who do not agree to the bank’s current prices and conditions. (Photo: dpa) Frankfurt Postbank is the first large private customer…
More savings banks are ready for additional payments
Frankfurt The German savings banks are making a turn in dealing with controversial payments from premium savings contracts. More and more savings banks are at least open to paying customers…
Without ECB negative interest, some financial institutions are cutting custody fees
Frankfurt The European Central Bank (ECB) has nurtured hopes of an imminent turnaround in interest rates. Step by step, it should then also do without the negative interest rates for…
NRW consumer center is suing the Sparkasse am Niederrhein
savings bank Adjust terms and conditions, but do not reimburse any fees: The consumer advice center of North Rhine-Westphalia is suing the Sparkasse am Niederrhein. (Photo: Julian Stratenschulte/dpa) Frankfurt In…
Savings banks and Volksbanks will abolish the SMS-Tan in 2022
People’s Bank and Savings Bank Cooperative banks and savings banks want to abolish the SMS-Tan as a security procedure in online banking this year. (Photo: picture-alliance / ZB) Frankfurt Both…
Savings banks rely on customers not knowing
savings bank In the dispute over the right interest rate for long-term savings contracts, the savings banks have not yet approached their customers. Only a fraction of savers fight in…
Consumer advocates accuse savings banks of gambling on the statute of limitations on customer claims
savings banks Finanztip, Finanzwende and Verbraucherzentrale Sachsen are calling on savings banks to pay interest from savings contracts. (Photo: Arne Bänsch/dpa) Frankfurt In the dispute over the correct interest rate…
Commerzbank annoys customers with excessive tax deductions
Commerzbank in Frankfurt Commerzbank is currently working on the cancellation of the bookings. (Photo: dpa) Reuters Commerzbank and its online branch Comdirect are causing unrest among customers with incorrect tax…
Sparkasse terminates 24 customers in dispute over negative interest payments
Sparkassen logo The background to the custody fees is the negative interest rate of 0.5 percent that banks have to pay for parking money at the European Central Bank. (Photo:…
Sparkasse terminates 24 customers in dispute over negative interest payments
Sparkassen logo The background to the custody fees is the negative interest rate of 0.5 percent that banks have to pay for parking money at the European Central Bank. (Photo:…
Consumers should be able to compare their banking conditions transparently
checking account Especially when it comes to account management, the costs incurred are often confusing – a new comparison portal should help. (Photo: dpa) Berlin For many consumers it is…
Where Germans can keep their cash safe
Euro bills lie on a table At many banks, savers are now paying negative interest rates. Is that why they are hoarding cash? (Photo: dpa) Frankfurt Anyone who wants to…