SozialBank AG

Bank · Köln, Germany · overall 3.8 / 10

How this 3.8 is built

Average of 6 scored needs: 3.8. Regulation in Germany: 94/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. Scores set by its kind of institution.

SozialBank AG is recorded in the global register as a bank in Köln, Germany. The register shows its licence as expired. Established 1923. Collected from open registers. We have not checked this company by hand yet.

Legal name: SozialBank AG
Licence confirmed: yes, on a regulator's own list
Established: 1923
LEI: 529900PJZOM38SU0KJ89
Website: www.sozialbank.de/

Scores, 0 to 10

6.0Europe (EU, EEA, Switzerland)

Licensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet. · source

5.5Cross-border payments, FX and multi-currency accounts

Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

5.0Lowest fees

Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

5.0Best interest on business balances

Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

5.0Trade, manufacturing & import-export

Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

1.5Financial strength & stability

The register records the licence as no longer live, so the institution cannot be relied on for new business. · source

1.0Fast digital onboarding

The register records the licence as no longer live, so the institution cannot be relied on for new business. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.