We’re going to take a look at 4 popular banks among the expat community offering FREE accounts. After you have provided all the requested information you will have to agree with the terms and conditions of the banks. In that way, you can find the best German bank account that fits your needs. First of all, no matter if you sign up for DKB, Postbank or Netbank, you will be in very good hands either way. Staatsangehörigkeit – Nationality Titel: Titel Moreover, you can withdraw cash from any ATM in Germany without paying additional fees. Usually Cash Group ATMs are everywhere to find, but sometimes, especially if you need to get out cash urgently, it might happen that you need to use a non cash group ATM. Good news is that Postbank is less picky when it comes to accepting applications. The best bank for you depends a lot on your banking needs. But why did Netbank only come in on third position to be the best bank in Germany? Number26 – the full service in English, for free. Germany’s larger banks are often the number one choice of many expats since many offer teams that cater specifically to foreigners. Commerzbank is the second largest bank in in Germany. We have selected 2 of the best online banks in Germany for expats and English speakers: N26 is a purely online bank. We suspect that in order to offer that great service and good rates DKB makes sure to minimize the risk of getting ‘bad’ customers that might not have enough money on their bank account. Aktuelles Nettoeinkommen pro Monat in Euro – Current net income per month in Euro It provides everything you will need to do all your banking. The traditional banks are doing their utmost best to ramp up their web presence to compete with the online banks. And, which of them offers the clearest contracts and the best conditions? That is a good indicator that DKB is a great choice for your German bank account. DKB – Deutsche Kreditbank has been rated best bank in Germany in many leading consumer magazines from Focus Money to Handelsblatt. We have compared the pros and cons of every bank and made an overview for you. In this way, you can use the best of both worlds. Therefore finding the best bank should be one of the first things to take care of when moving to Germany. The bank was founded 1990 and serves now over 3 million German customers. If this is an important point for you, then it could be smart to open a bank account with the DKB, because their online presentation makes signing up really easy! DKB makes it is possible for foreigners or future expats to open a German bank account from abroad. This can all be done relatively easily at the Commerzbank. This account also provides a free credit card (Prepaid Card) along with … Familienstand: Civil status Deutsche Bank remains in recovery mode in M&A in its domestic market, rising one place to seventh. With a total asset of 147 billion and 18,000 employees Postbank is a big player in the market. Aareal Bank, headquartered in Wiesbaden, is one of the leading international real estate banks… The Girokonto will cost a monthly fee but with just 3,90€ a month that is a fair offer. Hanseatic Bank, Hamburg; Targobank, Düsseldorf; Triodos Bank, Frankfurt; UniCredit Bank AG, Munich; Swiss and overseas banks. You will have to identify yourself via a webcam where you must show your current ID or passport and a pin number which you will receive via email. You will have plenty of banks to choose from if you are looking for simple online banking … There are a lot of banks on the market, and therefore you have a dizzying number of choices. Free Visa Credit card 3. One of the biggest and fastest growing banks in Germany is the DKB – Deutsche Kredit Bank. Commerzbank owns … N26 is clearly a top choice for everyone who feels comfortable with banking purely using and App. At the same time, … It does not matter if you live in Berlin, Munich, Hannover or Frankfurt – you will find a Postbank branch in your city. In the past (and with most other banks still today) you needed to provide a German address in order to get the final documents sent. Ability to sign up without German address This makes it the largest bank when it comes to dealing with current or checking accounts. With our help you will be able to pay less for more service and quality. We have listed below the most frequently used and reliable banks in Germany. Do I need to get a German bank account? This is something that can come in handy when you are often abroad. List of banks operating in Germany including business focus, customer rating and total assets. How? So if you are looking for a bank account in Germany make sure to sign up with DKB. In fact Germans do love paying with their EC-card even for goods less than 5 Euros. Similar to DKB also Postbank has won several awards in the past including the one for safest online bank by Focus Money. So setting up your German bank account has just become incredibly easy. A lot of people still go to their trusted banks to access their accounts. The bank was founded 1990 and serves now over 3 million German customers. Be aware that the Credit Card will cost 29€ per year from the second year onwards. Only free cash withdrawal from cash group ATMs. Vorname(n): First Name Getting out cash without paying fees at any ATM is a big plus for signing up with DKB. It does not matter if you go to DKB, Norrisbank, Postbank or Commerzbank they all request the same basic data. Online banks have become more and more present since they offer relatively high-interest rates, good customer services, low fees and 24/7 access to your finances. If you are fine … Good luck banking! And even better, with your free DKB visa card you can also withdraw money from any ATM worldwide free of any costs. N26 – Best Bank for English Speakers. Traditional banks are more flexible with the identification documents they accept. However, it is selective in accepting clients, especially non-German speakers. Name: Last name One person likes to do business in person while to other is fine with the anonymity of an online bank. But if you have lived in Germany for a long time and have a decent credit rating you can try to open an account here. Therefore it is hard to say what the best bank in Germany is because everybody has other needs. By clicking "Accept" you agree to cookies being used in accordance with our, Continue here if you want to check out N26 and sign up with them, Postbank – Best Traditional Bank in Germany, Unlimited free cash withdrawal at 7.000 retail stores, Sign up bonus of up to 250€ worth of vouchers (certain conditions apply). 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