Bank account

In Germany there are many different banks where you can open an account. Many banks and savings banks offer students a free checking account. The bureaucratic effort is very limited. In return, you have numerous advantages: You can withdraw money free of charge from many ATMs in Germany, make cashless payments and set up a "standing order" for regular payments - such as rent, health insurance costs or telephone. The amount will then be automatically deducted from your account each month. If you take on a part-time job in Germany, you will definitely need an account.

There are also a number of online banks where everything - from setting up the account to financial transactions - is handled over the Internet.