Difference between revisions of "Germany/Banking"

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* {{Link|Vivid Money|vivid}}: [https://help.vivid.money/en/articles/4966559-which-documents-can-i-use-to-confirm-my-identity List of accepted identity documents]
 
* {{Link|Vivid Money|vivid}}: [https://help.vivid.money/en/articles/4966559-which-documents-can-i-use-to-confirm-my-identity List of accepted identity documents]
* {{Link|Revolut|revolut}}: [https://www.revolut.com/help/profile-plan/verifying-identity/what-countries-are-supported List countries where you need to be a resident], [https://www.revolut.com/help/profile-plan/profile-settings/how-do-i-change-my-country-of-residence proof of address not required])
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* {{Link|Revolut|revolut}}: [https://www.revolut.com/help/profile-plan/verifying-identity/what-countries-are-supported List of supported countries], [https://www.revolut.com/help/profile-plan/profile-settings/how-do-i-change-my-country-of-residence proof of address not required])
  
 
== More Banking Overviews ==
 
== More Banking Overviews ==

Revision as of 15:44, 2 February 2022

When living in Germany, having a German Bank Account (or an account for Euros) can be very useful. Here's a list of them by features.

Frequently Asked Questions (FAQ)

What is a German bank account?

In this article, German bank account are accounts that have an account number (IBAN) starting with DE….

Do I need a German or a Euro bank account?

To pay rent and most bills or receive salary, you usually need an account that can send and receive SEPA transfers in EUR.

So your bank account does not necessarily be from Germany. It must only be able to send and receive SEPA transfers in EUR. Many accounts from other EU and EEA countries can do that.

However, some companies and authorities have problems using non-German account number (IBAN). This is illegal but it may happen. Then, a German account is more convenient.

Lists of Private (Giro) Bank Accounts

Bank Accounts With English Support

  • Bunq, speaks also: Dutch, French, Italian, Portuguese, Spanish
  • Commerzbank (online banking)
  • Deutsche Bank
  • Insha
  • Lydia
  • Monese, speaks also: Bulgarian, Czech, German, Estonian, Spanish, French, Italian, Lithuanian, Polish, Portuguese, Romanian, Turkish
  • N26, speaks also: French, German, Italian, Spanish
  • Nuri
  • Revolut, speaks also: Bulgarian, Croatian, Czech, Danish, Dutch, Estonian, Finnish, French, German, Greek, Hungarian, Italian, Japanese, Latvian, Lithuanian, Norwegian, Polish, Portuguese, Romanian, Slovakian, Slovenian, Spanish, Swedish
  • Tomorrow
  • Vivid Money, speaks also: French, German, Italian, Spanish
  • Wise, speaks also: Chinese, French, Hungarian, Indonesian, Italian, Japanese, Polish, Portuguese, Romanian, Russian, Spanish, Turkish
  • Yuh

Bank Accounts With German Account Number (IBAN)

Bank Accounts Without Monthly Fees

… if you receive money on it regularly

  • 1822direkt if you receive minimum €700 every month
  • Commerzbank if you receive minimum €700 every month
  • comdirect if you receive minimum €700 every month
  • ING if you receive minimum €700 every month
  • Norisbank if you receive minimum €500 every month
  • O2 Banking if you receive minimum €700 every month

… for young people

Bank Accounts With Signup Bonuses

Comparisons of Bank Accounts

These finance services compare current bank accounts on the market and let you filter the list by specific features:

Private Bank Accounts (Giro) Compared

Private Bank Accounts for Students Compared

Bank Accounts Recommended for Foreigners

All listed banks also accept non-Germans. But some make it easier than others.

Bank accounts suitable for expats:

  • have support in English (or even more languages)
  • do not require you to have a registered address (Anmeldung)
  • accept many foreign passports and identity cards for opening

Recommended bank accounts for expats are:

More Banking Overviews

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