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MONEY
Online bank or branch bank? How to choose.
germancampus.com
01
Many online banks open your account on your phone in minutes with a video ID check.
germancampus.com
02
Passport, a German address and often your Meldebescheinigung. Some banks accept non-residents.
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03
Look for no monthly fee, a free debit card and free cash withdrawals in Germany.
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04
Your blocked account pays out every month, so you need a normal current account to receive it.
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05
Employers, landlords and your health insurance all need your IBAN for payments.
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FULL GUIDE
Online banks vs branch banks, documents, Schufa and common problems.