Germany has an efficient banking system which means opening an account should be a swift process. It’s up to you whether you want to start this process at a bank branch or online. If you struggle with speaking German, it is probably best to go to a bank.
Documents to take with you:
If you bank with one of these, you can withdraw cash for free at an ATM operated by one of the other three banks. Having an account will help you to:
The annual amount you will be required to pay into a blocked bank account will increase to €10,236. This came into force on 1 January 2020.