Moving to Germany can be a bureaucratic process. Opening a current 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.
At Expatrio, we help you find the best current account for your needs and profile. Below are some providers:
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.
The virtual bank accepts customers from every nationality who wish to have a bank account in one of the countries of the European Economic Area (EEA). That means that you don't need a local proof of address and proof of credit history. Plus, you don't need to go anywhere in person to open your current account, as Monese’s service is 100% digital.
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 current 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.
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