Bank account

If you are staying for more than three months, it is recommended that you open a bank account in Germany. It should be noted that checking accounts in Germany may incur fees; relevant information can be obtained directly from the banks. You should only close your German bank account once all outstanding payments – for example, for rent, electricity, or telephone – have been settled for the entire term of the contract. Before departure, you can visit the bank to provide notice of your intention to close the account from a specific date. This means that you can also receive a refund of your rental deposit once you are back in your home country.

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