HT and Zagrebačka Banka Testing First Local Mobile Bank in Croatia

Lauren Simmonds

A brand new and far more efficient way of banking is almost ready for its release onto the market in Croatia, thanks to a partnership between Croatian Telecom (HT) and Zagrebačka banka.

As Poslovni Dnevnik/Bernard Ivezic writes on the 6th of June, 2019, with less than twenty days to go until the summer calendar officially begins, the first local mobile bank in the Republic of Croatia, developed by Croatian telecom (Hrvatski telekom) and Zagrebačka banka, is now ready for testing.

This service, called Telekom Banking, comes directly from the largest telecom and largest bank in Croatia, and the announcement is that it will be set up and ready online during the summer. Goran Lončarić, head of Telekom Banking at Croatian Telecom, confirmed that the mobile bank is now ready to be tested out.

“We’re now launching the Telekom Banking pilot for friends and family, who will be the first to use the most advanced digital bank in Croatia,” said Lončarić.

He also published a photo of his card featuring HT’s (T), Zagrebačka banka’s and Maestro’s logos. Apparently, Deutsche Telekom has already reserved the domain telekombankarstvo.hr where the service will be officially launched.

HT and Zagrebačka banka have both confirmed that the service is ready for public launch and that they’re still working on testing mobile applications.

“Users are currently participating in the pilot project and we can say that we’re very happy with their first reactions, and those services will become available during the summer,” they stated from HT, adding that the application (app) will bring with it a whole host of other innovations.

HT’s and Zagrebačka banka’s partnership in Croatia is very similar to the one that the Romanian operator and a member of the DT group, Telekom Romania, realised on this market alongside one of the ten largest banks in Poland, Alior Bank. Their service can be found on the telekombanking.ro website and includes access to mobile and web banking by Poland’s Alior Bank.

It’s a very complex yet simple product, which includes current, savings and foreign currency accounts, as well as cards. For users who receive 1,000 kuna per month, it’s all free.

It includes free and unlimited cash withdrawals from any ATM in the entire world, it includes both mobile and web banking, as well as the ability to view your last three transactions without having to go through the log in process.

The system also offers its users absolutely full control over PIN and locking their cards, and it supports both NFC and QR payments, as well as direct payments via email and mobile phone numbers. Lending possibilities are also on offer.

It is not yet known whether or not the exact same service which is offered by Telekom Romania and Alior bank will be offered here in Croatia by HT and Zagrebačka banka.

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