opening a bank account in berlin
#1
Born again atheist
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Joined: Jul 2005
Location: Europe (to be specified).
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opening a bank account in berlin
My elder son is going to Berlin to try to make a start there. He has the use of a cousin's apartment for a while and will be job seeking during his initial stay.
The question is, what chance has he of opening a basic account with a bank in Berlin to which he can transfer funds from his Canadian accounts? Are there "newcomer" offers as there are in Canada?
The question is, what chance has he of opening a basic account with a bank in Berlin to which he can transfer funds from his Canadian accounts? Are there "newcomer" offers as there are in Canada?
#2
Lost in BE Cyberspace
Joined: Apr 2008
Location: Hérault (34)
Posts: 8,890
Re: opening a bank account in berlin
My elder son is going to Berlin to try to make a start there. He has the use of a cousin's apartment for a while and will be job seeking during his initial stay.
The question is, what chance has he of opening a basic account with a bank in Berlin to which he can transfer funds from his Canadian accounts? Are there "newcomer" offers as there are in Canada?
The question is, what chance has he of opening a basic account with a bank in Berlin to which he can transfer funds from his Canadian accounts? Are there "newcomer" offers as there are in Canada?
#3
Born again atheist
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Joined: Jul 2005
Location: Europe (to be specified).
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#5
Born again atheist
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#6
Lost in BE Cyberspace
Joined: Apr 2008
Location: Hérault (34)
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Re: opening a bank account in berlin
She's with Comdirect, but could equally well have chosen DKB. Apparently DD2 still has a German account, although she's moved back to France. We're skyping with her over the weekend and I'll ask what bank she's with...
#7
Born again atheist
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Re: opening a bank account in berlin
Cheers for that. My DS1 who's in France with us at the moment also looked at Comdirect but seems to think that N26 might be a better fit. Don't ask me why.
#8
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Re: opening a bank account in berlin
I opened an account in Germany while visiting. I needed my passport and some money. Downside in Germany is that all bank accounts cost you. No free banking !
#9
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Re: opening a bank account in berlin
Hope all this is of some help!
P.S. DD1, on the spot, has never heard of N26....
#10
Born again atheist
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Joined: Jul 2005
Location: Europe (to be specified).
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Re: opening a bank account in berlin
DD2 is with DKB, but says that nowadays they are more selective than in the past. You need an income, apparently, in order to open an account, they don't accept just anyone (e.g. her, a student, at the time), any more...
Hope all this is of some help!
P.S. DD1, on the spot, has never heard of N26....
Hope all this is of some help!
P.S. DD1, on the spot, has never heard of N26....
#11
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Joined: Feb 2011
Location: Mallorca
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Re: opening a bank account in berlin
Kind of like that "free" iPhone you get with your mobile contract, where you ultimately pay 20% more than if you bought it at MediaMarkt.
Free? That sounds expensive!
#12
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Re: opening a bank account in berlin
No free lunches ?
#13
Just Joined
Joined: Nov 2017
Posts: 6
Re: opening a bank account in berlin
most bank accounts are free for 1 year. But after the first year you can move your account to a different bank and enjoy a free banking again
#14
Just Joined
Joined: Nov 2017
Posts: 8
Re: opening a bank account in berlin
I'd recommend N26 - easier to open than many other German accounts. They also have a really good app and customer service.
#15
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Re: opening a bank account in berlin
ETA: Not my money, but an inheritance from his Grandfather's estate.