How to open a Bank Account in Germany – Business or Private

ClevverBanking: A convenient and affordable way to manage your finances in Germany

ClevverBanking is a remote banking service that allows customers to open bank accounts and manage their finances remotely from anywhere in the world. ClevverBanking is available in multiple countries, including Germany, and it offers a variety of banking services, including checking and savings accounts, debit cards, credit cards, money transfers, bill pay, and investment services.

There are many advantages to using ClevverBanking in Germany, including:

  • Convenience: ClevverBanking allows customers to manage their finances from anywhere in the world, at any time of day.
  • Competitive pricing: it offers competitive pricing on its banking services.
  • Variety of services: you can choose from a variety of banking services, including checking and savings accounts, debit cards, credit cards, money transfers, bill pay, and investment services.
  • Global reach: the service is available in multiple countries, making it a good option for people who travel frequently or who have family and friends in other countries.
  • Access to a German bank account without having to visit a branch in person: ClevverBanking allows you to open a German bank account remotely, without having to visit a branch in person. This can be especially convenient for people who live abroad or who travel frequently.
  • Ability to send and receive international payments: the service makes it easy to send and receive international payments. This can be helpful for people who have family or friends abroad or who do business internationally.
  • Access to a variety of banking features: ClevverBanking offers a variety of banking features, including virtual and physical debit cards, online banking, and mobile banking. This gives you the flexibility to manage your finances in the way that is most convenient for you.
  • Building trust with customers: A local bank account in Germany can help you build trust with customers, as it shows that you are committed to the German market.
  • Full online access: ClevverBanking provides full online access to your German bank account, so you can manage your finances from anywhere in the world.
  • High quality and prestigious bank account: ClevverBanking provides a high quality and prestigious Deutsche Bank Business bank account.
  • Complete package with local address, local payment and local contacts: ClevverBanking is a complete package with a local address, local payment and local contacts. This can be helpful for businesses that are new to the German market.

Overall, ClevverBanking offers a number of benefits for individuals and businesses that are looking for a convenient and affordable way to manage their finances in Germany.

bank account in germany

How do I open a Business Bank Account in Germany?

To open a business bank account in Germany with Clevver, you will need to follow these steps:

  1. Visit the ClevverBanking website and click on the “Open an Account” button.
  2. Select the “Business Account” option.
  3. Provide some basic information about your business, such as its name, address, and legal form.
  4. Provide some personal information about yourself, such as your name, address, and date of birth.
  5. Upload a copy of your passport or other identity document.
  6. Upload a copy of your business registration certificate.
  7. Review and accept the ClevverBanking terms of service and privacy policy.
  8. Click on the “Submit” button.

Once you have submitted your application, Clevver will review it and contact you if they have any questions. Once your application has been approved, you will be able to open your business bank account in Germany and start managing your finances.

How to open a personal checking account in Germany

To open a personal checking account in Germany with Clevver, you will need to follow these steps:

  1. Visit the ClevverBanking website and click on the “Open an Account” button.
  2. Select the “Personal Account” option.
  3. Provide some basic information about yourself, such as your name, address, and date of birth.
  4. Upload a copy of your passport or other identity document.
  5. Review and accept the ClevverBanking terms of service and privacy policy.
  6. Click on the “Submit” button.

Once you have submitted your application, Clevver will review it and contact you if they have any questions. Once your application has been approved, you will be able to manage your personal checking account in Germany.

Here are some additional tips for opening a personal checking account with Clevver:

  • Make sure that you have a valid passport or other identity document. Clevver is required by law to verify the identity of its customers.
  • Be prepared to answer questions about your personal finances. Clevver is required by law to assess the risk of its customers.
  • If you have any questions about the application process, you can contact Clevver customer support. They are available 24/7 to help you.

Once your personal checking account has been opened, you will be able to:

  • Receive and send money
  • Pay bills
  • Set up direct deposits
  • Use your debit card for online and in-store purchases

What documents are required to open a bank account in Germany?

Depending if you want to open a business bank account or a bank account for individuals, you might be required to provide different documentation.

For Businesses:

  • High resolution copy of passport of
    each shareholder & director
  • Utility Bill of each shareholder/director to
    prove living address (not older than 3 months)
  • The company details / certificate of incorporation
  • Documents necessary per individual country: e.g. a EIN number in the US

For Individuals:

  • High resolution copy of passport
  • Utility Bill to prove living address (not older than 3 months)

Opening a bank account in Germany, a smart choice for you and your business

Whilst technology has made the world a smaller place, having local presence is still invaluable for many businesses. For those looking to expand into Germany, being able to receive money easily, locally and conveniently from german customers is an essential part of such an expansion, and so a german bank account will obviously become a priority.

A local account builds trust with your customers, it’s easy and familiar, and eliminates the need for international payments.

Having a local bank account is a sign of a company that is stable and likely to be around to service its customer’s needs, and helps customers relate with your company in a closer way.

Opening an account in Germany requires a few things to be put in place beforehand, primarily a local address in Germany, which can be done entirely online without the need to physically be in Germany. Clevvermail account holders can take full advantage of this service and of course our service provides you a local address for your german bank account.

The bank account provided is a high quality and prestigious Deutsche Bank Business account recognised throughout Germany and indeed the world, complete with full online access to make running the account and your business as easy as possible. It is important to remember that not all accounts are created equal, and the importance of using a recognised bank is essential when building trust with a new customer base.

Along with our other virtual office services, the ability to open a local bank account in Germany is a major benefit for any company looking to enter the German market whilst retaining control and without excessive investment upfront. As a complete package with a local address, local payment really is the perfect way to take advantage of the many opportunities the German market offers.

The application is simple to complete and processing times are fast, so if your business is looking to expand into Germany, apply today.