As your leading and reliable financial partner, Bank Austria offers you all depositary banking services under one roof with a view to providing greater efficiency at a lower cost and excellent quality.

We can draw on many years’ expertise in managing mutual funds, fund-like constructions, retirement planning funds and real estate funds. You can leave the settlement to us to enable you to focus on your core competencies.

Bank Austria, as depositary bank, provides a range of services for the investment companies it serves:

  • Fund bookkeeping: determination and disclosure of fund prices, settlement of charges, financial statement for the fiscal year, preparation of statements of account, tax services.
  • Reporting: fund reporting through Internet access, risk reports for all standard market risk categories, data preparation for IFRS (International Financial Reporting Standards) – preparing the balance sheet, cooperation with auditing companies.
  • Settlement: settlement of orders, issue/repurchase of participation certificates, custodian services and management of security holdings, fund measures.
  • Control: marginal testing, compliance with side letter provisions, compliance with information and reporting requirements (Austrian central bank statistics, Oesterreichische Kontrollbank reports), quality control.