You do not need to!
Expatrio open a free German Bank Account* for your daily use and for receiving your monthly payouts during your Blocked Account activation process automatically!
Moving to Germany can be a bureaucratic process. Opening a bank account is usually something you have to do as soon as you get to the country, as you need it to pay your daily expenses and you also depend on it to receive your Blocked Account funds.
Expatrio opens it for you and for free!
You can check our website and our articles for further questions you have regarding our Bank account.
This Bank account is Girokonto in German.
If you would like to open another bank account with other banks, here are some alternatives:
N26**
N26 is a fully licensed German bank, offering a German IBAN. No more waiting around or hidden fees – their online application takes just 8 minutes. With N26, you'll have a free bank account, a virtual card, and 24/7 English-speaking support. Their user-friendly mobile app and web version allow you to manage transfers and track spending with ease. Perfect for expats, N26 delivers a straightforward and digital banking solution.
Commerzbank Startkonto **
Commerzbank is a leading international commercial bank. Commerzbank Startkonto is a great fit for those aged under 30 who want to open a current bank account in a traditional bank.
Their Startkonto has no account fees and you are able to get both a Visa credit card and a Girocard, which you can use in several stores within Germany.
Open your Commerzbank account *
Sparkasse Girokonto für Studis & Azubis
Sparkassen-Finanzgruppe is Germany's largest credit institution with 385 bank agencies throughout Germany.
You won't be able to open your bank account online or have customer service in English, but you can go to a bank's branch to get your problems solved there. The bank account is free for all university students aged up to 27.
Wise
Wise was launched in 2011 with the vision of making international money transfers cheap, fair, and simple. It's a quick setup for those new to German banking, and the user-friendly app accommodates speakers of all languages. Wise ensures practicality and efficiency, making it a reliable choice for managing your finances in Germany.
*Powered by AION Bank
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