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NetworkCorrespondent Banking

Erste Group is the Austrian savings bank group's lead bank and clearing institution. The savings banks presence all over Austria in form of more than 1,000 branches, it's network of another more than 2,000 branches in Croatia, the Czech Republic, Hungary, Serbia, Slovakia, Romania and Ukraine as well as it's world-wide correspondents, form an excellent basis for handling our customers' and bank partners' cross-border payments not only within but also outside the region. In addition to world-wide clean commercial payments & cash letter services we can offer you a variety of ways to handle your domestic and foreign payments, as Erste Group is a participant in Step1/EUR1, Target and local currency clearing systems in our home market and has access to Step2 for EU regulated payments.

Furthermore Erste Group acts as major provider for corporate cash management services for financial transactions offering an overview of balances on all accounts, lower fees and with highest level of security and 24/7 access regardless of the location.

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