Banking A2

Open a checking account

What documents banks require and what you should pay attention to when it comes to fees.

bank girokonto iban

What is that?

Local branch bank or online bank with video identification process.

Where do I do that?

ID card or passport Registration address At some banks: __LIVINGTERM_5__

Required documents

  • ID card or passport
  • Registration address
  • At some banks: Aufenthaltstitel (Permission for a longer stay)

Typical costs

Account management can be free or subject to a fee, depending on the model.

Note: Costs may vary by state or city.

Progress

  1. 1 Define usage profile (cash, app, international payments)
  2. 2 Compare fees and conditions transparently
  3. 3 Complete the account application completely
  4. 4 Carry out identity verification correctly
  5. 5 Actively test IBAN (small transfer)
  6. 6 Set up standing orders and direct debits in an orderly manner
  7. 7 Configure security functions (2FA, limits, blocking hotline).
  8. 8 Establish monthly account reviews
  9. 9 Convert/close old account in a structured manner (if necessary)

Important German words & sentences

das Girokonto - laufendes Zahlungskonto
Die IBAN - internationale Kontonummer
Die Kontoführung - Verwaltung des Kontos
Welche monatlichen Gebühren gibt es?
Wie lange dauert die Kontoeröffnung?

Common mistakes

  • • Overestimate the free starting phase and ignore follow-up costs.
  • • Do not enable security options.
  • • Informing payment partner too late after account change.

Official source