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 MorePostbank checking account
All terms at a glance
Account management: | |
| Cost: | 0 € (5.90 €) per month |
| Conditions: | monthly salary input of €3000 |
| Current bonus offer: | |
| Cards: | |
| EC-/Maestro: | yes, free |
| Credit Card: | Visa, Free () |
| Interest: | |
| Credit interest daily allowance: | 0.25% pa |
| Borrowing rate credit facility : | 12.30% pa |
| Banking: | |
| Website: | www.postbank.de |
| Banking options: | Online / Telephone / branch |
| Free Cash: | |
| Germany: | Cash Group (9000 Auto) |
| Abroad: | free with VISA |
Open an account |
The Postbank Giro Plus
In 1989, the so-called post-structural law of Postbank has paved the way to independence. After the merger with Deutsche Postbank of the former GDR, the company Postbank, which is now also listed on the stock market took off. Meanwhile, Postbank AG is the largest bank when it comes to dealing with checking or current account. At Postbank, the customer has the choice between different types of checking accounts, one of which Postbank Giro card is presented. A current checking account in addition to the attractive interest rate providing money market account also holds a free securities trading account and a free Visa card for the first year.
Advantages at a glance:
- Checking account with a money market account
- Free banking with monthly salary input of €1000
- An optional free securities account
- Free to withdraw cash at over 9,000 ATMs Cash Group, in more than 850 Postbank Finance Centers and in many branches of Deutsche Post
- Free withdrawal with the credit card at home and abroad
- Upon request and with appropriate credit overdraft
- Apply online NOW!
However, linked to the account management to the mentioned benefits is a conditions such as a monthly salary of non-cash input. If there is no deposit, there will be an account management costs 5.90 euros a month. The money market account currently bears 0.25%pa interest from the first euro . Visa card and Postbank Card (for the partner) are free. The overdraft costs is 12.30 percent per year. For the establishment of the credit facility and the issuance of a Visa card, the customer must provide proof of income for the last three months at Postbank.
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[…] Postbank […]
[…] Postbank […]
[…] Postbank […]
I would like to open an account but I am not registered here as I live most of the time in the U.K but would like to also have a bank account for when i am in Germany
[…] Postbank […]
[…] Postbank […]
I want to open a blocked account
Can i do thi in post Bank?
How long it takes to trasfer money from post bank to barclays
In order to meet the “monthly salary input of €1000” can I setup some personal monthly SEPA transfers from my bank account (in Spain) to the Postbank account?
(I’m doing this between 2 banks in Spain at the moment).
I have had an account since 2002 but now Postbank take money out of my account every month. I do not live in Germany and so I cannot put 1000 euros in every month. I find it most upsetting that this money, left to me by my German grandfather, is being reduced by Postbank who make enough profits without taking money from my little account. I want to know how I can close the account and remove the remaining money before it all goes. I need to do this in UK – please reply with details of how I can take out my money, very reluctantly, from Germany.
I want to open acount in post bank.. i am student in Kassel university what are the charges for opening and for transaction..
Thankyou
Can I use other Bank ATM for Postbank atm card
For free of charge
I mean which ATM is free for Postbank atm card
Please I need a credit card loan
Can I open online banking in your bank
cannot access Postbank.online accounts for over two months, need access and a address line that works
cant logonto existing Postbank.de account, for over two months, very frustrating need a new address for Postbank.de site
info@onlinepstnbk.com This email address is related to your bank ?
I requested open a new saving account through online by email info@onlinepstnbk.com and I got reply below
Reference: NBX3/05/021FX.
Dear Valued Customer/Applicant (Uthayakumar Murugaiah).
Dear Sir,
You have to follow procedures by filling and submitting the application form,only then we can provide you with our municipal account details responsible for collecting initial opening deposit.
Warmest Regards,
Lukas Moritz.
Account Officer.
(Post Bank).
I think it’s a scam
I need help with a check that I didnt receive for my german pension for october. How can I find out where check is
[…] https://banks-germany.com/postbank […]
Hi post bank I’m trying to set up my account but having trouble
Can you get someone to contact me via email to assist me
arjoonangelo@gmail.com
Dear Valued Customer/Applicant
Sir/Madam
ACCOUNT OPENING EXPLANATION/ACTIVATION CHARGES.
This is to acknowledge the receipt of your account opening application request. Post-bank was founded to provide banking services to individuals and companies involved in international operations. Our services allow clients, from any part of the world to bank in absolute confidentiality while enjoying freedom from foreign restrictions, government legislation and potential discriminatory bodies. We offer a comprehensive range of high quality Portfolio Advisory Services along with a comprehensive transaction execution platform. Our corporate culture enables us to build solid relationships with our customers based on trust, loyalty, and commitment to excellence in banking services. Our online banking system provides secure, convenient and efficient service around the clock access. Customers are responsible for compliance with banking policy/tax and reporting laws of their home country that may be applicable to their use of a foreign bank account. We also work in affiliation with other banks in Europe, North and South America, Asia and Africa.
Although you did not specify the particular account type you are interested in opening in your email, we are however assuming that it would fall into the category of the online classified number account (s) offered by Post-bank. Be inform that all non-residential account requires an opening deposit payment. The opening deposit is deposited into your new account for activation purpose, which still belongs to you as the adherent.
TYPES OF ACCOUNT ARE:
Savings/Regular Account:
The Savings Account is a regular account; this account can be operated as a private or a joint account. The opening activation deposit is Seven Hundred and Fifty (750.00) EUR only, or the equivalent in any other foreign currency; this is to activate the new account to a fully operational account and this amount will be credited in to your new account. The Maximum outward transfer (online) possible within a month is Two Million Five Hundred Thousand (2,500,000.00) EUR only or the equivalent in any other foreign currency. With this account, you can apply for a gold membership credit card after a good business relationship of a year minimum.
Current Account:
The Current Account is a daily Checking Account; this account can also be operated as a private or a joint account. The opening activation deposit is One Thousand Two Hundred (1,200.00) EUR only or the equivalent in any other foreign currency; this is to activate the new account to a fully operational account. All activation fees are further credited into the new account. The Maximum outward transfer (online) possible within a month is Five Million (5,000,000.00) EUR only. With this account, you can apply for a gold credit card after a good business relationship of six months minimum.
Premium Account:
The Premium Account is a daily Business and Checking Account; this account can also be operated as a private or a joint account. The opening activation deposit is Four Thousand Five Hundred and Twenty (4,520.00)EUR only; this is to activate the new account to a fully operational account,the mandatory activation fee is credited into the new account. The Maximum outward transfer possible within a month is unlimited. With this account, you can apply for a gold credit card after a good business relationship of three months’ minimum.
Platinum Account:
The purpose of the Platinum Account is to reduce a bare minimum the bank employees who have access to the name of the account holder, it can be both personal and business or either of the two account; this account can be operated as a private or a joint account. The opening activation deposit is Ten Thousand (10,000.00) EUR only; this is to activate the new account to a fully operational account. The Maximum outward transfer possible within a month is unlimited. With this account, you can apply for a gold membership credit card after a good business relationship of thirty days.
Furthermore we will like you to know that as an account holder you can apply for a loan; to be eligible for such benefit you most have bank with us for some time, the time is determined by the type of account you operate with us and the status of your account most not be in RED, you must have the require collateral to back your loan request.
A non-residential account opening application form will be sent to you after you have considered the type of account you wish to operate with us in preference to completing the non-residential account opening; it is advisable that you determine what type of account(s) you want to operate with this financial institution. It is also important that you look into the services you will be getting with the various account(s) before we send you the application form.
We hope you must have been properly enlightened on the categories of accounts with the possible services of these accounts from the explanation above; it is your duty to decide on which of these accounts best serve your needs.
Compulsory Account Opening Requirements:
(a) Applicants must fill and return the account opening application form.
(b) Applicants must have and remit the investment deposit to activate the type of account that he/she desires to operate and activation must be paid not later than nine working days after submitting the completed application form or the application will be turned down.
(c) Applicants must send to this office his/her legal identity proof, an international passport or any other identification document that carry only your picture e.g photo passport.
(d) Applicants must send us his/her full residential address stating how long you have lived there and the status of the house. (That is Rent or Owned) and any utility bill as a proof of address.
(e) Applicants must send us the name and address of a next of kin and also state your relationship with him or her.
Account Opening Form:
When we send you the application form, please do take your time to read through the account opening form before filling the form. Do not sign the form unless you consent with the terms. You may ask further question if you have any before you fill the account opening form.
Identification Copy:
Customer identification is an essential element for an effective knowing your customer policy. It is mandatory that you provide a legitimate valid identification copy to allow us guard against reputation, operational,legal and concentration risks. It is also necessary in order to comply with anti-money laundering legal requirements and a prerequisite for the identification of bank accounts related to banking crimes.
Utility Copy:
Account applicant must have a correct permanent address, a Post Office box number is not sufficient for the verification of address. For the verification of address, you may provide a utility bill copy, tax assessment, bank statement or a letter from a public authority.
Investment Deposit:
For the activation of your opted account after submitting the completed and sign application form, you are to deposit an investment sum based on the account type you choose to operate. This requested opening deposit is your investment capital and personal surety with Post-bank: You are also expected to maintain your investment capital and surety in your account after it is opened. However, in some cases, you may be allowed to maintain your capital investment and surety in debit; this largely depends on the duration of this account and the existing relationship between the customer and Post-bank representative. Total investment sum are further credited into your account to facilitate the activation of your account.
Service Fee / Account Interest:
Our Service fee for the maintenance of your account will be charged on your account balance every year. The amount of service tax levied will reflect on your account statement. Our service fee is also applied on Interest and other Charges (e.g. over limit fee, cash advance fee, late payment fee, outstation cheque fee etc.).
Interest will be calculated on your Account balance and compounded on Monthly basis. This has the effect of increasing the annual rate of return on your investment when compared with accounts where interest is compounded quarterly or annually. The rate of return payable on your investment may vary on Monthly basis depending on movements in the wholesale money markets.
Should you decide to open any of the account type above, kindly request for the application form which you are to fill and return via our online account opening form and if you have any questions, do not hesitate to ask us; we look forward to your prompt response and your satisfaction is guaranteed.
Warmest Regards,
Lukas Moritz.
Account Officer.
(Post Bank).
CONFIDENTIALITY NOTICE:
This electronic mail transmission and its attachments if any are intended solely for the use of the individual or entity to which it is addressed and may contain confidential, privileged and/or exempt from disclosure information belonging to the sender which is protected under applicable law. If you are not the intended recipient, you are hereby notified that you have received this transmittal in error and that any review, dissemination, disclosure, copying or distribution of this transmittal is strictly prohibited.
I would like for you to get back to me asap regarding set this account up.
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Dose this person work for post bank and is this the correct fees