Most of us are not even aware of it, but for almost everything we do in our daily lives, we need it: the bank account. Rent, electricity, gas, salary, everything that is processed without cash changing hands.
Nonetheless, in Austria there are an estimated 40,000 people who no longer have a bank account. For a variety of reasons, generally unemployment, divorce or illness, they have entered into social or financial difficulties and have ultimately also lost their bank account.
That is why ERSTE Foundation has founded a savings bank: the Zweite Wiener Vereins-Sparcasse, for short: Zweite Sparkasse (Second Savings Bank). If offers an account without an overdraft facility for the people affected. However, this is just the first step on the path towards a life without debts, a path that each person himself must find the strength to follow.
For more about this, see