In accordance with Austrian financial regulations and EU anti-money laundering directives, all financial institutions are required to take active steps in preventing identity theft, financial fraud, and the financing of terrorism.
To comply with legal requirements under Austrian law (FM-GwG – Financial Markets Anti-Money Laundering Act) and relevant EU legislation, we are obligated to obtain, verify, and retain specific identification details for every individual or entity opening a new account.
When opening an account with Oryvia Skye Bank, you will be asked to provide certain identifying information — including your name, residential address, and date of birth (for individuals), as well as official identification documents such as a valid passport, national ID card, or company registration documentation (for businesses).
These procedures are in place to protect both you and the broader financial system — and to ensure Oryvia Skye remains a secure and responsible cooperative banking institution in Austria.