Opening a bank account in Germany typically requires a local ID, but there are alternatives for those who haven’t completed the registration process or are new to the country.
Online Banks and Digital Solutions #
- Online Banks: Banks like N26 and Revolut cater to expats and offer accounts without the need for a local ID. These banks are entirely online, providing easy account setup and management through mobile apps.
- Prepaid Debit Cards: Some providers offer prepaid cards that can be used like a debit card. These don’t require a full bank account and can be topped up as needed.
International Banks #
- International Banks: Some international banks with branches in Germany, such as HSBC or Deutsche Bank, offer services that allow you to open an account using your passport or another form of international ID.
- TransferWise Borderless Account: Another option is a TransferWise Borderless Account, which provides multiple currencies and a debit card, making it easy to manage finances across borders.
Challenges and Considerations #
While it’s possible to bank without a local ID, there may be limitations on services, such as overdraft protection or access to certain types of accounts. Additionally, these options might come with higher fees compared to traditional German bank accounts.
For more information on banking without a local ID in Germany, visit the KUMMUNI help desk at www.KUMMUNI.com/help or our blog at www.KUMMUNI.com/blog.
