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Title: Cashpool  
Author: World Heritage Encyclopedia
Language: English
Subject: Cash Group, Girocard, Alberta Regional Network, Allpoint, Banred
Publisher: World Heritage Encyclopedia


Operating area Germany
Members 29
ATMs >2,500
Founded 2000

CashPool is a cooperation of a multitude of smaller or virtual German private banks, in which they mutually waive ATM usage fees for their customers. It is not an interbank network but uses the pre-existing German ATM or Maestro/Cirrus networks. With more than 2500 ATMs,[1] the cooperating banks' ATM networks form the smallest ATM group in Germany.

The cooperation was founded in 2000. Its primary competitor in Germany is Cash Group.


Most banks in Germany, while connected through the German ATM network, charge ATM usage fees for customers of other banks.

In 1998, the six largest German private banks established Cash Group, mutually waiving these fees within the Group.

After the formation, other private banks tried to join Cash Group but were not accepted into the Group. Being smaller than the six large private banks, they operated fewer ATMs and thus would have unilaterally benefited from the use of the other bank's larger networks.

As a consequence, several of these smaller banks founded CashPool and also mutually waived ATM usage fees within the group. For comparison, the big banks CashGroup network has 9,000 ATMs, the co-operative banks (as far as being members of the Bankcard-Servicenetz) share 18,600 ATMs and the saving banks have list of 25,700 ATMs for their SparkassenCard.


Current members

Former Members

  • SchmidtBank KGaA, Hof
  • Baden-Württembergische Bank AG (BW-Bank), Stuttgart
  • Erste Rosenheimer Privatbank AG, Rosenheim
  • Norisbank AG, Nürnberg
  • CVW-Privatbank AG, Wilhermsdorf
  • readybank ag, Berlin


  1. ^ Cash Pool Homepage

External links

  • Official website (German)

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