Terms of Use

European Standard Bank is operated by European Standard Bank only, independent financial institution and is subject to European Standard Bank's terms of use.


European Standard Bank requires that all the visitors to our site(s) on the Internet (the "Site") adhere to the following rules and regulations. By accessing the Site you indicate your acknowledgment and acceptance of these terms and conditions.

You agree that your use of this Site shall be governed by International law and agree that jurisdiction and venue shall be located in European Union.

European Standard Bank maintains this Site to provide you with information about European Standard Bank products and services and to facilitate communication with European Standard Bank and its related companies. From time to time we may revise these terms and conditions.

Copyright in the images, text, screens, and web pages appearing at the Site are owned by European Standard Bank or others as indicated. You may copy information from the Site for your personal or educational use only, provided that each copy includes any copyright, trademark or service mark notice or attribution as they appear, on the pages copied. The information and materials may not otherwise be copied, displayed, distributed, downloaded, licensed, modified, published, reposted, reproduced, reused, sold, transmitted, used to create a derivative work or otherwise used for public or commercial purposes, except as provided in these terms and conditions without the express written permission of European Standard Bank.

Not all of the products or services described on the Site are available in all geographic areas. You may not be eligible for all the products or services described. European Standard Bank reserves the right to determine the eligibility for any product or service. Investment products and services offered through the Site (i) (CSA accounts) are not bank deposits and are not insured by the FDIC, (ii) are not bank guaranteed, and (iii) are subject to substantial risk, including the possible loss of some or all of the principal invested.

Unless otherwise prohibited by law, any communication or material you transmit to us via the Site or Internet electronic mail is on a non-confidential basis and European Standard Bank may use such communication or material for any legal purpose whatsoever, including reproduction, publication, broadcast and posting. We will use our best efforts to include accurate and up to date information on the Site, but we make no warranties or representations as to the accuracy of the information. You agree that all access and use of the Site and its contents is at your own risk. By using the Site, you acknowledge that we specifically disclaim any liability (whether based in contract, tort, strict liability or otherwise) for any direct, indirect, incidental, consequential, or special damages arising out of or in any way connected with your access to or use of the Site, (even if we have been advised of the possibility of such damages) including liability associated with any viruses which may infect a user's computer equipment.

With regard to services or products purchased or obtained by you through the Site from a person or entity other than European Standard Bank, European Standard Bank makes no warranty of merchantability or warranty of fitness for a particular purpose with regard to such services and products and European Standard Bank specifically disclaims all other warranties with regard to such services or products.

European Stardand Bank does not provide the next services for clients:

  • Credit and Debit Cards
  • Documentary Letter of Credits
  • Cash services
  • Loans
  • Bank Guarantee and any other securities
  • Using of clients funds for Futures and FOREX trading
  • any SWIFT confirmations and other SWIFT related documents


SSA account (Standard Saving Account) - is transactional account give you rights to make any transactions inside and outside ESB without limitations. Because money is available on demand these accounts are also referred to as demand accounts or demand deposit accounts.Transactional accounts are meant neither for the purpose of earning interest nor for the purpose of savings, but for convenience of the business or personal client; hence they tend to not bear interest. Instead, a customer can deposit or withdraw any amount of money any number of times, subject to availability of funds.

CSA account (Combined CD-Saving Account) - As you know, certificate of deposit or CD is a time deposit, a financial product commonly offered to consumers by most financial institutions. CSA account is simply CD account with rights making wire transfer between other CSA accounts inside ESB. Withdrawals before maturity are subject to a substantial penalty and in ESB consist off 100% of deposited amount. By other words, withdrawals before maturity is prohibited. Please be informed CSA account was implemented to serve special loan for intrabanking transfer only (inside the same financial institution). Such type loans was introduced in banking practice first by Swiss bank WIR in CHW currency from 1936 and are issued up today. Only difference is that our loan is nominated in USD and EUR, but with absolutely the same financial nature as CHW loans. European Standard Bank is not partner and is not linked in any way with Swiss Bank WIR. System of finance of Swiss Bank WIR was implemented here for international business (freely copied or replicated because is not protected by patent or other form protection of intellectual property) by European Standard Bank. Before use CSA account everybody must study experience of Swiss Bank WIR and get from them explanation of method of finance with CHW currency and all linked details. European Standard Bank does not provide consulting service about it, it's our client's responsibility to be 100% informed from indicated above source (or other sources of financial information) before to make any steps in utilization of such financial instrument. European Standard Bank is not responsible for any losses you may obtain due to poor informed business solutions in using this type of accounts. Please carefully study all above before move forward !!! It's very good instrument for creative and informed businessmen and can be disaster in non-professional usage !!! You have investigate if this financial instrument suitable for your business, for your goals, for your knowledge in finance and if you are not institutional investor we recommend think twice, evaluate twice and get professional advice twice to be sure this is what you need and what you can really use with profit. This instruments is not suitable for everyone  . Nobody can provide you guarantee of your success. Only you is responsible here, you act at your own risk. It is not the same as traditional loan, traditional investment, is not the same you met before. Please find all answers for all questions you have before make any smallest actions. You must have full clarity and deep understanding.
Clients of our financial institution does not obtained CDs (Certificates of Deposits) if you agree to loan us a specific amount of money for a specific amount of time, but you have possibility to make intrabanking wire transfer from any CSA account to another CSA account. CSA account can also be explained as Complementary (Currency) Saving Account. For each our client is OBLIGATORY to recognize European Standard Bank as independent private clearing financial institution (for legal entities and physical persons) and accept payments in complementary currency at least 33% of total transaction value if other client of our financial institution wish make payment in complementary currency too. You have close all accounts with us as soon as possible if you refuse recognize and accept payments in complementary currency. 1 USD of complementary currency is equal 1 USD. 1 unit of any other complementary currency is equal 1 unit of the same non complementary currency in accordance with ISO 4217. CSA accounts was deployed in time of recession (economic crisis) for our customers because the money in circulation is not sufficient and we are hope and sure it will help for our customer to achieve better company assets utilization, increase income and turnover, accelerate sales, generate additional customers and business partners, you will become more successful and financially rich, your business more productive.

CCA account (Cash Currency Account) - is analog of the Austrian account with a password. Only one difference is that instead of issuing password book, the customer buys banknote at a local bank or Currency Exchange of the same currency that is equal of currency of bank account he want to open. Series and number of this banknote indicates when registering as the number of his bank account. This account provides privacy for one level higher after the numbered account, as well as any personal information of customer bank does not hold. With this type of account the customer hold also a secret code word. All bank operations should be performed only in behalf of person who knows the login and password, and additional password for transactions. This is an account payable to bearer, a note - "bearer instrument". Whoever owns the notes and passwords, controls the account. If you have lost any of them, you lose all rights to your account, along with rights to the money which it is stored, just as you would have lost your wallet with the money. It is recommended that you passwords reserve (duplicate) several times by different methods and store in secure place. Please also keep in secure place your registered with bank banknote, which now replaces the Passport in any your relations (communication) with the bank.

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This institution is not federally insured.
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