How to open a bank account in Germany
A simple step-by-step guide on how to open a bank account in Germany. Open an online Germany bank account and documents required to open a German Bank account
Read MoreEnglish Information about Banking in Germany
The cash pool is a group of banks which allows its customers to access a common ATM (Cash Machine) infrastructure of any member banks in order to make free cash withdrawals in Germany. It was founded in 2000 by SEB, Citibank (now Targobank) and the Sparda banks.
As of 2013, there are about 2,900 ATM machines in the cash pool.
Cash Withdrawal from any of the ATMs from the cash pool banks is free of cost.
Foreign customers are charged a flat fee of € 1.95 per withdrawal.
Customers can search for the nearest ATMs using the website www.cash-pool.de.
A smartphone app for locating the nearest ATM is also available for download in the iTunes Store and Google play .
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A simple step-by-step guide on how to open a bank account in Germany. Open an online Germany bank account and documents required to open a German Bank account
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The App is NOT available unless you are registered in the German Apple Store (using an address in Germany that your credit card is registered to). You can’t use the app otherwise. The cash pool.de website doesn’t work on safari mobile!
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