Expat Finance Services in Germany
The currency in Germany since 2002 is the Euro. In 2002 it replaced the German Mark which had been the official currency of West Germany since 1948 and all of Germany since 1990. Germany is one of the twelve original European Union nations to adopt the euro, represented by the twelve stars on the design of the euro coins and notes. Coins are issued for one and two euros, notes for 5, 10, 20, 50, 100, 200 and 500 euros.
Banks in Germany are privately run. Most German banks now provide online internet banking. Opening an account in Germany is fairly easy, but requires proof of address. German checking accounts come with EC cards or check cards which are like debit cards, allowing cash withdrawals from ATM machines throughout Europe with only a secret PIN number. There is a fee of a few euros for withdrawing from a different bank's ATM, however.
Credit cards are also available but German banks do not like to give out much credit, and credit cards are generally unpopular. There is also the Eurocard, a credit card connected to Mastercard that is valid anywhere in the world. Debit and credit cards from other countries will usually work in German ATM machines for getting cash.
See our guides
Currency Exchange in Germany
Need to transfer money or make a significant purchase abroad? Compare foreign exchange specialists and get the best exchange rate on the market.
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Current Account in Germany
Current accounts specifically created to address your needs as an expatriate. Multi currency, bill payments… find the solutions to your everyday banking needs.
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Offshore Savings in Germany
Compare offshore savings accounts and find the right solution that meets your saving requirements while living abroad.
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Expat Mortgages in Germany
Free and no obligation quotes to help you find the best overseas mortgage. Compare overseas mortgage advisors and make a free enquiry
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Financial Advice in Germany
Get information on investment portfolio building to achieve your investment objectives according to your risk profile.
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Expat Savings in Germany
Make an initial no-obligation enquiry about saving plans, school fees planning, retirement planning. Save money, plan ahead and discover all the attractive options available to you as an expat.
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QROPS in Germany
Learn more about Qualifying Recognised Overseas Pension Schemes. Make an initial no-obligation enquiry to get expert advice on transferring your pension overseas
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Online Broker in Germany
Compare online brokers for forex trading, cfd trading, internet share trading and more..
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US Expat Tax in Germany
American expatriates have the legal obligation to file US tax returns yearly on their income wherever sourced. Get free advice and US tax returns filling quote
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Tax Advisory in Germany
Make an initial no-obligation enquiry on tax planning, tax return or tax issues that you may face as an expatriate.
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