NewsCase StudiesEvents

Banking in Germany


Banking in Germany

Germany Business Experts

Germany related forum posts


  1. I NEED A BLANK ATM CARD 2024, Whatsapp: +18033921735

    GET RICH WITH BLANK ATM CARD, Whatsapp: +18033921735I want to testify about Dark Web blank atm cards which can withdraw money from any atm machines around the world. I was very poor before and have no job. I saw so many testimony about how Dark Web Online Hackers send them the atm blank card and use it to collect money in any atm machine and become rich {DARKWEBONLINEHACKERS@GMAIL.COM} I email

    Total Posts: 1 Last post by MarieBobby

  2. How do technology and services companies decide to expand internationally?

    What are the primary considerations for establishing a North America sales and business development presence?

    Total Posts: 1 Last post by rfucci1

Banking in Germany

There are four main kinds of banks: public sector commercial banks (Private Geschaftsbanken), savings banks (Sparkassen), credit cooperatives (Kreditgenossenschaften) and the Postbank.

Banking in Germany is a familiar and straightforward process. The most common form of bank account is a Girokonto, which is not dissimilar to a current account in the UK. To open an account, you will need to provide the following information:

  • A form of ID (passport)
  • Proof of address
  • Money for initial deposit

If you bring cash, your account is opened immediately. If you are transferring funds from your home bank, it can take a couple of weeks for the amount to be credited to your account.

When you have opened the account, you will also be given a Eurocard. A Eurocard is pretty valuable in Germany nowadays: it lets you get cash or statements 24 hours a day from any cash machines, and it is also accepted as payment in a growing number of places.


Click here to Ask an Expert about Banking in Germany

Organisations that can assist with Banking

You are not logged in!

Please login or register to ask our experts a question.

Login now or register.