Bank account

In Germany, many bills can no longer be paid by cash. For example, your rent, phone bill and monthly wage or salary are paid directly from or to your bank account. It is therefore both advantageous and important that you have a bank account (checking account). You can choose the bank yourself where you would like to open an account. Please compare the conditions offered by the various banks and inform yourself of their terms and conditions (account fees). When you open a bank account, you will also receive a debit card that will enable you to pay at e.g. supermarkets, and with which you will be able to draw funds or check your balance at an ATM. Keep in mind that fees may apply when withdrawing money from a foreign bank. Enquire at any bank to find out which documents you will need to open a bank account.