Difference between revisions of "Germany/Banking"

Revision as of 18:28, 2 February 2022

When living in Germany, having a German Bank Account (or a Euro account) can be useful. Here's a list of accounts for people having an address in Germany. For some banks, having a registered address is not necessary.

This article covers accounts for individuals. See also:

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 (Giro) Bank Accounts for Individuals

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 With No 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

comdirect if you are under 28
ING if you are under 28
Norisbank if you are under 21
O2 Banking if you are under 28 and a student, apprentice or trainee

Bank Accounts With Signup Bonuses

Vivid Money: €10 welcome bonus + up to €100 cashback
Commerzbank: €50 welcome bonus (conditions)

Comparisons of Bank Accounts

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

Bank Accounts for Individuals Compared

Bank Accounts for Students Compared

Student bank accounts compared by FinanceAds.

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:

Template:Affiliate

@@ Line 1: / Line 1: @@
 {{DISPLAYTITLE:List of Bank Accounts in Germany}}
 When living in Germany, having a '''German Bank Account''' (or a Euro account) can be useful. Here's a list of accounts for people having an address in Germany. For some banks, having a [[#Bank_Accounts_Recommended_for_Foreigners|registered address is not necessary]].
+This article covers accounts for individuals. See also:
+* [[/Business|List of German Business Bank Accounts]]
+* [[/Savings|List of German Savings Accounts]]
+* [[/Credit_cards|List of German Credit Cards]]
 == Frequently Asked Questions (FAQ) ==
@@ Line 16: / Line 22: @@
 However, some companies and authorities have '''problems using non-German account number''' ([https://en.wikipedia.org/wiki/International_Bank_Account_Number IBAN]). This is illegal but it may happen. Then, a German account is more convenient.
-== Lists of Private (Giro) Bank Accounts ==
+== Lists of (Giro) Bank Accounts for Individuals ==
 === Bank Accounts With English Support ===
 * {{Link|Bunq|bunq}}, speaks also: Dutch, French, Italian, Portuguese, Spanish
@@ Line 77: / Line 83: @@
 These finance services compare current bank accounts on the market and let you filter the list by specific features:
-=== Private Bank Accounts (Giro) Compared ===
+=== Bank Accounts for Individuals Compared ===
-* [https://tools.financeads.net/girokontorechner.php?tp=dif&wf=35819&ntpl=responsive&h=1 Private bank accounts compared by FinanceAds]*
+* [https://tools.financeads.net/girokontorechner.php?tp=dif&wf=35819&ntpl=responsive&h=1 Accounts compared by FinanceAds]*
-* [https://vergleiche.financequality.net/12857/22391/ Private bank accounts compared by FinanceQuality]*
+* [https://vergleiche.financequality.net/12857/22391/ Accounts compared by FinanceQuality]*
-=== Private Bank Accounts for Students Compared ===
+=== Bank Accounts for Students Compared ===
 * [https://tools.financeads.net/studentenkontorechner.php?tp=dif&wf=35819&ntpl=responsive&h=1 Student bank accounts compared by FinanceAds].
@@ Line 99: / Line 105: @@
 * {{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 ==
-* [[/Business|List of German Business Bank Accounts]]
-* [[/Students|List of German Student Bank Accounts]]
-* [[/Savings|List of German Savings Accounts]]
-* [[/Credit_cards|List of German Credit Cards]]
 {{Affiliate}}