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Bank account

Every person in Germany should have a checking account to manage their money affairs. It is necessary for salary payments or social benefits. Whether at a bank or savings bank, you can choose freely.

Anyone with a checking account can withdraw money from an ATM. (Symbol image)

What you need

Please note that each financial institution has different costs and services. It is worth comparing several banks and savings banks.

You will need:

  • Identity card or passport
  • Proof of your residence permit or registration requirement to open an account.

You will receive a cash card for your account. It offers you many practical possibilities in everyday life. For example, you can check your account balance, print account statements or pay in stores.

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Explanations and information

Picture credits

  • Getty Images/enigma images
  • City of Stuttgart/Thomas Wagner
  • Stadt Stuttgart/Martin Lorenz
  • GettyImages/shih-wei