MBank in Poland is a universal financial institution that specializes in serving corporate and private clients. MBank is one of the three largest banks in Poland and is constantly expanding the range of services, including leasing, brokerage and corporate financing. Against the background of the recovery of the banking sector in Poland, MBank is looking for ways to develop and attract new clients.
The history of the bank
The bank began operating in 1986, and in 1990 began the process of its privatization. In 1992 it became a subsidiary of Commerzbank and entered the Warsaw Stock Exchange. In 1998 MBank merged with the Polish Development Bank. The institution developed well, and in 2007 branches appeared in the Czech Republic and Slovakia.
A new stage of development begins in 2021: the bank has taken a course to expand its functionality, and employees have developed a new Internet banking system that greatly simplifies transactions.
For this reason, a new stream of clients came to MBank, and it became one of the leading financial institutions in the country.
What payment cards does MBank offer?
Using a payment card allows you to have constant access to non-cash funds. MBank has a large selection of bank cards from VISA and MasterCard providers, which fully cover the requirements of customers.
You can order debit or credit cards, and one of the most popular offers is the Private Banking Visa card, which allows you to:
- have access to personal and credit funds;
- receive discounts in stores;
- take out insurance of credit funds;
- carry out secure transactions online;
- make purchases in online stores;
- withdraw cash from ATMs without commission (in Poland and abroad);
- choose a currency among PLN, EUR, USD, GBP.
Along with MBank cards, a package of exclusive privileges is available in the form of a 5% return on payments made with a PLL LOT card, free access to VIP lounges at airports around the world, travel insurance, and personal assistant services.
MBank deposits
At MBank, you can deposit funds and store your savings in several currencies - PLN, EUR, USD, CHF or GBP. The interest rate depends on the term and amount of the deposit. The benefits of using deposit services include:
- choice among several currencies;
- fixed and floating interest rates;
- the possibility of combining a bank deposit and investments in the world market;
- no capital gains tax;
- insurance services.
The client who opens a deposit in MBank is guaranteed an individual approach and a high level of service. And you can manage your accounts using online services, a mobile application and video banking.
Opening an account with MBank
MBank offers one of the most favorable conditions for opening a personal account. In addition to the current account, you get access to a group of leasing, mortgage, consulting companies and the world bank COMMERZBANK. The account and funds on it are managed using modern Internet banking 24/7.
You can link to your account any card from the large selection offered by MBank.
To open a corporate account, you need to contact the Offshore Pro Group support service by phone or e-mail and consult on questions of interest. To open an account, a prepaid commission of EUR 500 is paid. Payment is made through Western Union or WebMoney systems.
After payment, preparation of documents and registration begins. You must provide the following documents:
- a copy of the pages of the passport, where there is a photo and a signature;
- proof of residential address (copies of utility bills);
- indication of the source of funds.
All documents must be translated into English, and copies must be certified by a notary. However, when visiting the bank, the originals must be with you.
It should be borne in mind that the bank may require additional documents. Account opening time - 12 days.
Location of MBank
The bank's head office is located in Warsaw at mBank S.A., 18 Senatorska Street, 00-950 Warszawa, P.O. Box 728.
Opening hours: Monday to Friday from 08.00 to 16.00. Online banking service - around the clock.
In addition to the capital, MBank branches are located in different districts of Bydgoszcz, Gdansk, Krakow, Lublin, Lodz, Wroclaw, Poznan, Szczecin and other Polish cities.
Addresses, working hours and other information about the bank are presented on the official website: website.
Conclusion
MBank is the most popular virtual bank in Poland. Its main advantages are a wide range of financial products and services, customer service via the Internet, and online transactions. Including without visiting the bank, you can issue cards and open accounts. Highly qualified staff will always help, answer questions and make the most advantageous offers.
