Opening a bank account in Germany

German bank account

If you are staying in Germany for a longer period, it makes sense to open a German bank account. This simplifies everyday life as well as monthly payments such as shopping, insurance, rent, semester fees, etc. Certain student dormitories, for example, may only accept money transfers through German banks (please inquire with them directly regarding this).

To open a German bank account, you will need these documents:

  • City Residence/Accommodation Registration Document
  • Valid passport or an EU-ID

Depending on the bank and type of account, banks may require additional documents, so please inform yourself in advance.

There are many banks in Germany, including private banks, savings banks, international banks, and online/mobile banks. For example, Deutsche Bank, Commerzbank, Sparkasse, Volksbank and ING, etc. It is up to you to decide which bank you would like to open an account with that best suits your needs.

You will need a blocked account as proof of financial means to apply for your visa, if you want to apply for a new residence permit once you are in Germany or to extend your residence permit.

To open a blocked account, you will typically need the following documents. Please be aware that all banks require different documentation, so you will need to check with them directly what you will need to open an account:

  • Admission letter
  • Valid passport
  • Completed Blocked account application form
  • Bank statements from the last 3 months.
  • Blocked account letter from the Foreigner's Office showing the required amount needed to be transferred (does not apply to all banks)

You can open a blocked account via online providers, such as Fintiba, Mango-pay, Coracle, etc. or via a local German bank such as Sparkasse, Deutsche Bank or Commerzbank, etc. After you have opened the blocked account, you can transfer the required amount onto the new account directly.

*Please note that listing the above blocked account providers is not a recommendation made by TU Darmstadt. You will need to decide for yourself where you would like to set up your blocked account, by checking which provider best suits your needs, as they all require different fees.

For more information, please contact the relevant bank directly.

Please Note: As already mentioned, you will also need a blocked account as proof of financial means to apply for a residence permit or for the extension of your residence permit in Germany, not only for the visa application. Therefore, it may be more convenient to open a blocked account with a German bank already for your visa application. The Foreigner’s Office (in Darmstadt) will only accept a blocked account from a German bank. For the online banking options, you will need to show a blocked account confirmation letter that proves the money will be transferred into a German bank. You can show this via the IBAN Number. Here is an example from Expatrio Mango-pay of how the letter should look like.

A blocked account is not the only form of showing your proof of financial means when you are applying for your visa/residence permit in Germany, please see section 1.5 “Required Documents” on our residence permit website for further options.

Disclaimer

The information on this website is not legally binding.