Banking Circle’s Germany-based branch is now listed as an official member of VAB which names ABN Amro, American Express, and Goldman Sachs amongst its members. By joining VAB, Banking Circle is underlining its commitment to building its client base and offering in the German market. The Verband der Auslandsbanken represents the interests of more than 200 foreign banks, funds, and other financial services institutions in Germany, including German legislators, the government, and ministries as well as EU institutions and global institutions. The VAB provides information on issues affecting Germany as a financial centre. It also supports its members with economic and legal know-how. In addition, the association offers a platform for cross-company exchange between its members.
Banking Circle has a banking licence and is free of legacy systems that can sometimes slow down traditional banking business and make it more expensive. Banking Circle is a regulated bank and provides financial infrastructure to Banks and Payments businesses, according to the official press statement.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.