Release Date: |
Attention! The FMA warns investors against concluding transactions with:
Zinso Bank UAB
as the operator of the website
with its registered address apparently in Vienna
Mail: [email protected]
This provider is not authorised to carry out banking transactions in Austria that require a licence. Therefore the acceptance of funds from other parties for the purpose as deposits (deposit-taking business) is not allowed pursuant to Article 1 para. 1 no. 1 BWG.
The basis for this publication is Article 4 para. 7 of the Austrian Banking Act (BWG; Bankwesengesetz) and was also published in the “Amtsblatt zur Wiener Zeitung” (The Official Gazette of the Wiener Zeitung) on 24.03.2022.