General business conditions
On this page you will find the contractual terms of Commerzbank Aktiengesellschaft and its foreign subsidiaries.
Terms and conditions of Commerzbank AG
Terms and conditions of the international branches and the affiliated companies of Commerzbank
|Madrid Branch/ Barcelona Branch|
|"COMMERZBANK (EURASIJA)" SAO, Moscow / St Petersburg|
|Hong Kong Branch|
|New York Branch|
Other terms and conditions
|Remote data transmission and carrier exchange||
|Commerzbank Cash Logistics (SafeBag)|
|Electronic Banking Soft- and Hardware||
|Commerzbank Account Information|
|Commerzbank Corporate Banking Portal|
|Terms and Conditions for Cards||
|Live Confirm, Live Trader, Online Banking Securities Transactions||
|Commerzbank Payments Services||
Data transmission between Commerzbank AG, its international branches and group companies
Commerzbank AG, its international branches and group companies closely cooperate in order to provide customers with comprehensive advice and services.
In this context Commerzbank, its international branches and group companies transmit data concerning their customers to each other and/or make data available for electronic download by each other so that the data can be processed and used locally for the purposes of taking up and providing advice and services to these customers. This happens under the premise, that the customer has provided his consent and released the Bank from its duty to perserve banking secrecy.
Commerzbank AG's international branches and group companies concerned by the data transmission are:
Boulevard Louis Schmidt 29
Commerzbank Brasil S.A.
Avenida Dr. Chucr Zaidan, 1240
CEP 04711 – 130 São Paulo – SP
Suite 2502 East Tower, Twin Towers
B-12 Jianguomenwai Dajie
37F, Shanghai World Financial Center
100 Century Avenue
34F, The Exchange Tower 2
189 Nanjing Road
Commerz Trade Services S.A.
San Rafael de Escazu,
23, rue de la Paix
30 Gresham Street
London EC2P 2XY
Hong Kong Branch
15th Floor, Lee Garden One,
33 Hysan Avenue, Causeway Bay,
Corso Europa 2
Atago Green Hills MORI Tower 40F
2-5-1 Atago, Minato-Ku
25, rue Edward Steichen
Commerzbank International S.A.
25, rue Edward Steichen
Commerz Trade Services Sdn. Bhd.
Level 13, Tower 3, Avenue 7
59200 Kuala Lumpur
1077 ZZ Amsterdam
Hietzinger Kai 101-105
ul. Senatorska 18, 00-950
CERI International Sp. z o.o.
ul. Traktorowa 148/158
Commerzbank (Eurasija) SAO
Kadashevskaya naberezhnaya, 14/2
Commerzbank (Eurasija) SAO
St Petersburg Branch
3rd Line of Vasilievsky Island 62 Lit. A
199178 St Petersburg
71 Robinson Road, #12-01
Paseo de la Casrellana 110
Consell de Cent 357-359
Széchenyi rakpart 8
|United States of America||
New York Branch
225 Liberty Street
New York, NY 10281-1050
Große Bleiche 15
|Real Estate, Assets, Leasing||
Commerz Real AG
In 1998, the institution “Entschädigungseinrichtung deutscher Banken GmbH” was set up as the legal compensation scheme for private banks and home loan and savings associations domiciled in Germany. The protection ceiling for deposits of this scheme, in which Commerzbank Aktiengesellschaft also participates, currently amounts to EUR 100,000 per depositor, regardless of the currency in which the deposits are denominated. If the deposits are related to certain life events, such as the sale of a private residential property, a marriage or a severance package for employees, the protection ceiling for each depositor is EUR 500.000 for at least 6 months after the deposit.
In addition, Commerzbank Aktiengesellschaft is a member of the Deposit Protection Fund of “Bundesverband deutscher Banken e.V.” (Federal Association of German Banks) in Berlin, a private-bank scheme under private law which is not subject to state supervision. The Deposit Protection Fund functions as a follow-up cover scheme for the statutory compensation scheme up to the protection ceiling regulated in its by-laws.
Both the statutory compensation scheme and the Deposit Protection Fund also secure deposits at branches of Commerzbank Aktiengesellschaft abroad.
The Deposit Protection Fund secures all liabilities which are to be reported in the balance-sheet item “liabilities to customers”. These comprise sight deposits, term deposits and savings deposits, including registered securities, like e.g. registered bonds, registered savings bonds and registered certificates of indebtedness (auf den Namen lautende Schuldscheindarlehen) regardless of the currency. Bearer bonds, bearer certificates of deposit, participating certificates, subordinated liabilities and liabilities to banks are not protected. Furthermore, all redelivery obligations arising from securities lending transactions which are reported as liabilities and liabilities arising from securities repurchase (repo) transactions are not protected.
The protection ceiling for each creditor is 20% until 31 December 2019, 15 % until 31 December 2024, and 8.75% as of 1 January 2025, of own funds according to article 72 CRR. Deposits established or renewed after 31 December 2011 shall be subject to the respective new protection ceilings as of the aforementioned dates, irrespective of the time when the deposits are established. Deposits established before 31 December 2011 shall be subject to the old protection ceilings until maturity or until the next possible withdrawal date.
The applicable protection ceiling shall be notified to the Customer by the Bank on request. It is also available on the Internet at the Bundesverband deutscher Banken e.V.: www.bankenverband.de.
Up to this amount, secured liabilities are protected by the Deposit Protection Fund for each legitimate customer.
Further details of the scope of protection are contained in Section 6 of the By-laws of the Deposit Protection Fund. Detailed information regarding the Deposit Protection Fund, especially frequently asked questions can be found on the website of the Bundesverband deutscher Banken e.V.: www.bdb.de. On this website you can also request directly the prevailing protection ceiling and the By-laws of the Deposit Protection Fund.
|as of 30.09.2016||
|as of 01.02.2016|
|as of 15.07.2014|
|as of 15.11.2013||
|as of 25.03.2013|
|as of 09.07.2012||
|as of 31.10.2009|
|as of 27.07.2009|
|as of 01.12.2007|
|as of 18.06.2012|