Santander's digital bank Openbank has launched in Germany as part of its international expansion that will see the bank entering the Netherlands and Portugal later this year.
The Spanish bank has also unveiled its plans of making available the digital tool to investors in Argentina and Mexico by the end of 2020.
Openbank's full range of products and services will be fully operational in Germany by the end of the year with a waiting list currently open to clients, the bank said in a note.
The bank offers German customers a state-of-the-art platform and mobile app, featuring AI and machine learning technology, cloud-based systems and the highest security standards for usability and optimal customer experience.
"To begin its activity in Germany, the bank has developed a new 360 degree socially responsible banking strategy in which all the products it offers fully support Openbank's commitment to society in general and to the sustainability of the planet.
"It will provide a fee-free current account that allows free transfers to any EU country via the Openbank website or mobile app. This account comes with a free debit card that allows customers to use all mobile payment systems (Apple Pay, Google Pay, Fitbit Pay, Garmin Pay and Openbank Wallet)," said the bank's note.
The bank is also extending its responsible banking strategy to investment products. Managed portfolios will incorporate socially responsible investment (SRI) vehicles to the various strategies developed and monitored by the bank's Investment Committee, in collaboration with BlackRock.
Openbank CEO, Ezequiel Szafir, said: "We believe that our responsible banking strategy, which is committed to the future of our planet and the well-being of our society, is the only way to understand the bank of the future.
"Because we want to anticipate what's coming, we are launching this new approach in Germany, with investment products and payment methods that will be gradually rolled out in the different regions where we operate in."
Amongst many other features of the digital bank, customers can also turn on and off their cards from the website or app, as well as being able to block their cards in a particular country and unlock them instantly. Users can restrict the use of their cards to particular channels, such as ATMs, online or physical purchases, while also being able to authorize or block devices from which their account has been accessed within the last 30 days.