open a bank account in germany: setup & international transfer

Open a Bank Account in Germany Guide: Opening a bank account is one of the most essential steps when settling in Germany. Whether you’re moving for work, study, or long-term residence, having a German bank account will significantly simplify your daily financial transactions and help you integrate into German society. This comprehensive guide covers everything from account setup to managing international money transfers.

Why open a bank account in germany?

A bank account is essential for everyday life in Germany, as the country’s financial system relies heavily on bank transfers rather than cash for major transactions. You’ll need a German bank account to pay bills and rent, receive wages, or access financial support from the state, as these transactions typically occur through banks.

Having a bank account allows you to keep money securely at the bank, send and receive money efficiently, and withdraw cash when needed. It enables you to set up bank transfers for bills instead of relying solely on cash payments, which can be inconvenient for larger expenses.

If you plan to live in Germany long-term, a German current account becomes practically mandatory. Landlords typically require bank transfer capabilities to rent a flat, and employers usually pay salaries via bank transfer. Additionally, having a German bank account makes it much easier to set up direct debits for local expenses like health insurance, utilities, and mobile phone plans.

While you can initially use an international bank account or online/mobile banking services, you’ll eventually need a German bank account if these alternatives don’t meet your needs. Some German businesses and major financial commitments, such as mortgages, may specifically require an account that operates within Germany’s banking system.

Types of Bank Accounts

Germany offers several types of bank accounts to meet different financial needs and circumstances.

Current Account (Girokonto)

The current account is the standard and most common type of bank account in Germany, designed for daily banking activities. You’ll use this account for receiving income, paying bills, making withdrawals, and using your debit card for purchases. Basic accounts are a simplified version of current accounts that offer essential banking functions and are designed to be accessible to everyone, including those who might face barriers with traditional accounts.

Savings Account (Sparkonto)

A savings account is specifically designed to help you save money and earn interest on your deposits. These accounts typically offer limited access to your funds, requiring you to transfer money to your current account before you can use it for purchases or bill payments. Both residents and non-residents can open savings accounts in Germany.

Instant Access Savings Account (Tagesgeldkonto)

This flexible savings account provides easier access to your funds compared to a traditional savings account. While it still earns interest, you can access your money more readily, and some instant access savings accounts even allow you to make payments directly from the account.

Fixed Deposit Account (Festgeldkonto)

Fixed deposit accounts are investment-oriented savings accounts that offer higher interest rates in exchange for keeping your money deposited for a specific, predetermined period. These accounts are ideal for long-term savings goals when you won’t need immediate access to your funds.

Blocked Account (Sperrkonto)

Blocked accounts are special accounts particularly important for migrants, including students and job-seekers, who need to prove they have sufficient funds for their stay in Germany. These accounts are often required for visa applications. As of 2025, students typically need to deposit €11,904 for a full year, with limited monthly withdrawals of €992. Several providers offer blocked accounts, including Expatrio, Fintiba, and Coracle, though Deutsche Bank has discontinued this service.

Non-resident Account

While standard current accounts usually require German residency, some online or mobile banks offer accounts for people living overseas. These accounts are particularly useful if you’re planning to move to Germany or will be working there temporarily.

Digital and Mobile Accounts (Direktbanks)

These banks operate entirely online or through mobile apps without physical branches. They often offer more affordable conditions and can sometimes be opened from abroad, making them attractive to international residents. Popular options include N26, bunq, Revolut, and Wise. Notably, Wise allows you to open an account before arriving in Germany without requiring a German address or residence permit.

Offshore Accounts

Offshore accounts are international accounts located outside the account holder’s country of residence. They can offer advantages such as cross-border banking services and potentially favorable tax treatment. These accounts are suitable for people who frequently transfer money internationally or live in multiple countries.

Where to Open a Bank Account

You can open a bank account at various types of financial institutions that accept private customers.

Banks with Branches

Traditional banks with physical locations allow you to visit in person and speak directly with banking staff. This category includes private banks like Deutsche Bank, Commerzbank, and HypoVereinsbank, as well as public savings banks (Sparkassen) and cooperative banks (Volksbanken/Raiffeisenbanken). The personal service can be particularly helpful if you need assistance with complex banking matters or prefer face-to-face interactions.

Direct Banks

Direct banks operate without physical branches or independent ATMs, conducting business primarily through email and telephone communication. These banks are often more budget-friendly than traditional branch banks, passing their lower overhead costs on to customers through reduced fees and better interest rates.

International Banks

Many international banks maintain branches in Germany, which can be advantageous if you already have a relationship with one of these institutions. You may be able to transfer an existing account or benefit from international banking services. Examples include Citibank, ING Bank, BNP Paribas, Barclays Bank, HSBC, and Santander.

Online and Mobile Banks

These modern banks operate purely through online platforms or mobile applications, offering convenient 24/7 access to banking services. They typically provide competitive rates and innovative features, making them popular choices for tech-savvy customers and international residents.

Requirements to Open a Basic Account

To open a basic account in Germany, you must meet several standard requirements that banks use to verify your identity and comply with financial regulations.

You must be over 18 years old, though children aged 7 and above can open accounts with parental consent. Valid identification is essential, typically requiring a passport, residence permit, or “Duldung” document. Note that a “Fiktionsbescheinigung” is usually insufficient for account opening purposes.

Most banks require proof of registration or “Meldebescheinigung” as proof of your address in Germany. However, some banks like N26, bunq, C24, DKB, Wise, Deutsche Bank, Vivid, Monese, and Revolut don’t initially require a registration certificate, making them more accessible to newcomers.

• Germany Address Registration: Essentials for Residents & Expats

You’ll need to provide the bank with a German address where they can send correspondence. This doesn’t necessarily have to be your home address and can be a friend’s address or even a counseling center if needed.

Additional documents may include a visa or residence permit, evidence of income or employment such as a payslip, and proof of student enrollment if applicable. Some banks may require a SCHUFA credit report, especially if you’re applying for credit cards or overdraft facilities. It’s worth noting that opening an account with N26 creates a SCHUFA record, which can be helpful when searching for an apartment, while bunq typically doesn’t create such a record.

How to Open a Bank Account

The account opening process varies depending on the type of bank you choose.

At a Branch Bank

You can usually visit a branch bank without an appointment, and staff members can assist you with the application process. You’ll need to bring valid identification for identity verification, and the staff can guide you through completing the necessary forms and documentation.

With a Direct Bank (Online/Post)

For direct banks, you can apply online through their website or send completed forms by post. After submitting your application, you’ll receive confirmation and contract documents if your application is accepted. Identity verification is completed through either the Post-Ident or Video-Ident procedure.

Post-Ident Procedure

The Post-Ident procedure requires you to visit a designated post office with your valid identification documents. A postal worker will verify your identity and complete a verification coupon for the bank. This service is typically provided free of charge.

Video-Ident Procedure

Video-Ident allows you to verify your identity through a video call, where you’ll show your identification documents to the camera and answer verification questions. During the call, you’ll receive a confirmation code via SMS to complete the process.

Banks have up to 10 business days to inform you whether your application has been accepted. If you don’t speak fluent German, you can bring someone to translate for you, as banks cannot legally reject your application based solely on language barriers. While you can sometimes complete the entire process online, some sources recommend applying in person to avoid potential complications, especially if you’ve recently arrived in Germany.

Fees and Costs

Understanding the fee structure is crucial when choosing a German bank account, as costs can vary significantly between institutions.

Account Management Fees

Basic accounts typically incur costs, though fees vary between banks since they’re not strictly regulated by law. Annual costs generally range from €50 to €150 or more, covering basic account management services. However, fees for basic accounts should not be significantly higher than those for other account types or substantially more expensive than comparable offerings from other banks.

You may also encounter charges for specific services, such as conducting transfers at a branch or printing account statements. Online banking often makes many of these services available free of charge, making it a cost-effective option for routine banking tasks.

ATM Fees

Withdrawing cash from your own bank’s ATMs is generally free of charge. However, using another bank’s ATM often incurs fees that can reach €6 to €10 per transaction. Some banks participate in networks like Cash Group or Cashpool, which allow free withdrawals from specific partner banks’ ATMs, expanding your access to fee-free cash withdrawals.

Transfer Fees

Transfers within Germany typically process on the same day, while transfers within Europe usually take 1-2 business days. International transfers outside Europe can be expensive and may take several days to complete. Fee structures vary by bank, with some offering a certain number of free transfers per month while others charge per transaction.

Standing Order Fees

Setting up a standing order at a branch bank might incur a fee, but this service is usually free when arranged through online banking platforms.

Card Fees

Debit cards (Girocard) are often provided free with current accounts. Credit cards typically carry annual fees that can reach €100 or more, depending on the card type and benefits offered.

Student Accounts

Many banks offer fee exemptions for students who can provide proof of their student status. These benefits often come with age restrictions, typically covering students between 18-28 years old, though specific age limits vary by institution. Some banks also offer completely free accounts with no monthly fees or waive fees if you meet certain conditions, such as maintaining minimum monthly deposits.

Banking Services and Features

German banks offer a comprehensive range of services to meet your daily financial needs.

Girocard/Debit Card

After opening your account, you’ll receive a Girocard (the German term for debit cards), which you can use for deposits, withdrawals, and cashless purchases. The Girocard is widely accepted throughout Germany, and many small businesses may only accept cash and Girocards, making this card essential for daily transactions.

Credit Card

Credit cards can be used for payments and withdrawals worldwide and are sometimes necessary for online shopping or purchases requiring deposits, such as hotel reservations or car rentals. Different types of credit cards are available, including revolving, charge, debit, and prepaid options. Keep in mind that having a basic account might not automatically qualify you for credit card approval.

Payments

Germany offers various payment methods beyond cash, including credit cards and Girocards for in-person transactions. Online payments can be made through credit cards, instant bank transfers (Sofortüberweisung), Giropay, or PayPal. Despite these digital options, Germany maintains a strong cash culture, and you’ll still need cash for many daily transactions, particularly at smaller shops and local businesses.

Transfers (Überweisung)

Bank transfers involve instructing your bank to move money to another account. You can execute transfers at a branch using a transfer form (“Überweisungsträger”) or conveniently online. Essential information includes the recipient’s name, IBAN, BIC (for transfers outside the SEPA area), transfer amount, and a reference note. Online transfers require a Transaction Number (TAN) for security purposes. Recommended TAN methods include PushTAN/AppTAN or TAN generators (eTAN, ChipTAN), as SMS TAN is considered less secure.

Standing Order (Dauerauftrag)

Standing orders automate regular payments of identical amounts by setting up permanent instructions with your bank. You can establish these online or at a branch, requiring the recipient’s name, IBAN, payment amount, frequency, and BIC for non-European transfers. Standing orders can be modified or cancelled at any time as your needs change.

SEPA Direct Debit (SEPA-Lastschrift)

SEPA Direct Debit allows you to authorize individuals or companies to withdraw specific amounts from your account automatically. This requires completing a “SEPA Direct Debit Mandate” form. The recipient must notify both you and the bank before debiting funds. You can withdraw this permission within 8 weeks, and the money will be returned free of charge. Incorrect debits can be disputed within 13 weeks. You can cancel mandates in writing at any time without providing a reason, though this only stops the automatic debit, not the underlying contractual obligation.

Checking Balance

Regularly monitor your account balance through online banking or by printing statements at your bank. Some banks charge fees for printing statements at branches if you have access to online banking. Contact your bank immediately if you notice any unauthorized transactions.

Lost Card/Hacked Account

If your Girocard is lost or stolen, immediately block it by calling +49 116 166 or contacting your bank directly. Your bank may attempt to reverse fraudulent transactions, and you should file a police report for stolen cards. Banks must provide replacement cards and PINs free of charge when cards are lost or stolen.

Banking Secrecy

German banking secrecy laws generally ensure that only you can access your account information. Banks cannot share your financial details with third parties without your explicit permission, protecting your financial privacy.

Power of Attorney (Vollmacht)

You can grant someone else access to your account balance and withdrawal rights by providing them with a Power of Attorney. This legal document allows trusted individuals to manage your banking affairs when necessary.

International Money Transfers

Once you have established your German bank account, managing international money transfers becomes a crucial skill for expats, whether you’re sending money home, receiving funds from abroad, or handling business transactions across borders. Understanding the different transfer options, costs, and requirements will help you make informed decisions and save money on fees.

Types of International Transfers

SEPA Transfer

SEPA (Single Euro Payments Area) transfers are the most efficient way to move money within Europe. These transfers work within the European Economic Area (EEA), which includes all EU member states plus Iceland, Liechtenstein, Norway, and six additional countries. SEPA transfers are only available for Euro transactions and can be initiated through online banking or bank forms, making them a generally fast and straightforward process. Money is typically credited within one bank business day, and these transfers require only the recipient’s IBAN (International Bank Account Number), with no need for a BIC (Bank Identifier Code). SEPA transfers are ideal for regular payments within Europe, such as rent payments, business transactions, or sending money to family members in other EU countries.

Auslandsüberweisung (Foreign Transfer)

Foreign transfers are used for transactions involving foreign currencies or transfers to countries outside the European payment area (third countries). This type of transfer is necessary when you need to send money in currencies other than the Euro or to non-SEPA countries. Foreign transfers are used for non-Euro currencies, such as sending Norwegian Kroner to Norway, and are available for countries outside the SEPA area. These transfers can often be initiated online or through bank branch forms, but their duration varies significantly and may take several days. Processing time can extend up to 14 days, depending on various factors including recipient bank accessibility and the chosen currency.

Echtzeit-Überweisung (Real-time Transfer)

Real-time transfers offer instant money movement within participating countries in the SEPA area. Currently available at participating payment service providers in 21 out of 36 SEPA countries, this option provides immediate fund availability. However, both sender and recipient banks must support real-time transfers, and the service is limited to SEPA countries with participating banks. These transfers are ideal for urgent transfers that cannot wait for standard processing times, though they may involve additional fees compared to standard SEPA transfers.

Required Information for International Transfers

Successful international transfers require specific information to ensure funds reach the intended recipient securely and efficiently. For recipient information, you’ll need their full name exactly as it appears on their bank account, along with their complete address, which may be required depending on the transfer type. You’ll also need their International Bank Account Number (IBAN) or local account number, keeping in mind that IBAN lengths vary by country, with Austrian IBANs being 20 digits and German IBANs being 22 digits.

Bank information requirements include the Bank Identifier Code (BIC), also known as the SWIFT code. SWIFT codes consist of 8 or 11 alphanumeric characters and include a 4-digit bank code, 2-digit country code, 2-digit location code, and an optional 3-digit branch identification. The SWIFT BIC system connects over 11,000 institutions in more than 200 countries and is generally not required for SEPA transfers.

Your own information is also required, including your IBAN or account number, the transfer amount and currency, your chosen payment method such as bank account or credit card, and your personal information including full name and address. Sometimes identification documents may also be required to complete the transfer process.

International Transfer Costs and Fees

Understanding the cost structure of international transfers helps you choose the most economical option for your needs. Costs vary significantly by institution and account type, with specific fees detailed in your bank’s price and service list. Foreign transfer costs can often be previewed in online banking, with cost estimates based on standard prices and the previous day’s exchange rates.

When setting up transfers, you can choose who pays the fees through different options. The sender can pay all fees, which is the most expensive option for the sender, or the recipient can pay all fees, which may result in a reduced amount received. The most common option is SHARE, where sender and recipient each pay their respective bank fees.

Different provider types have varying cost structures. Traditional banks typically have higher upfront service fees and hidden exchange rate margins of 5-7%, while online money transfer services offer more transparent fees and mid-market exchange rates. Wire transfer companies are faster but more expensive, with commissions up to 7-10%, and foreign exchange brokers offer competitive rates, transparent costs, and rate-locking options.

To optimize costs, consider sending larger amounts at once, as this is typically cheaper than multiple smaller transfers. Choose longer transfer periods if speed isn’t essential, and always compare total costs rather than just transfer fees. Remember to consider the exchange rate impact on overall costs when making your decision.

Exchange Rates

Exchange rates significantly impact the total cost and value of international transfers. Exchange rates represent the value of one currency compared to another, and most rates are “free-floating,” based on forex market supply and demand, causing them to fluctuate constantly throughout trading hours.

There are different types of rates to understand. The mid-market rate is the true exchange rate without markup, while retail rates are offered by banks and transfer services and include a markup. Money transfer companies often use mid-market rates, whereas banks typically hide fees within less favorable exchange rates.

To maximize exchange rate value, shop around for the best exchange rates and compare the total amount the recipient will receive rather than focusing solely on the stated rate. Use currency converters and rate comparison tools, and take advantage of providers that offer rate alerts and rate-locking features. If timing allows, consider waiting for more favorable rates to maximize the value of your transfer.

Transfer Speed

Transfer speed varies significantly depending on the method and destination. Within the SEPA area, standard SEPA transfers take 1 business day or 2 days for paper forms, while foreign currency transfers within the EEA take 4 business days or 5 days for paper forms. Real-time transfers can be completed within minutes when both banks support the service.

International transfers outside the SEPA area typically take 1-5 business days for bank transfers, though speed is not legally regulated for non-SEPA transfers and can take up to several days depending on various factors. Alternative services offer different speeds, with MoneyGram taking hours to 1 business day, WorldRemit authorizing 90% of transfers within minutes, and PayPal/Xoom varying by destination, typically 1-2 days for Europe and varying times for Asia. Western Union can complete cash transfers within 10 minutes, while online transfers vary, and other online transfer services typically take a few hours to a couple of days for large sums.

Several factors affect transfer speed, including bank processing cut-off times, verification requirements, fund availability, bank operating hours and time differences, weekends and public holidays, and the transfer amount and destination country.

International Transfer Options

Your German Bank (Sparkasse and Traditional Banks)

Germany’s Sparkasse network and traditional banks offer comprehensive transfer services, providing both SEPA and Auslandsüberweisung services. Online transfers are available at approximately half of Sparkasse institutes, with forms available at all branch locations. They provide detailed cost information and required data specifications, making them a good option for those preferring traditional banking relationships with personalized service.

Conventional banks remain a viable option for international transfers, using the SWIFT network for international transfers and being particularly suitable for large amounts due to flat fee structures. However, they often have higher exchange rates with hidden margins and require comprehensive recipient information including IBAN and SWIFT/BIC codes. They may offer relationship benefits for existing customers, making them worthwhile for those with established banking relationships.

Online/Mobile Banking (Digital Banks)

Modern digital banks offer streamlined international transfer services, with examples including N26, bunq, DKB, Revolut, and Santander. These banks provide integrated international transfer capabilities with transparent fee structures and real-time exchange rate quotes. While they may charge monthly service fees, they often waive transaction fees and foreign exchange fees on many international transfers, all delivered through user-friendly mobile applications.

Online Money Transfer Services/Foreign Exchange Brokers

Specialized transfer services often provide the best value, with examples including Wise, CurrencyFair, Currencies Direct, and XE. These services offer competitive exchange rates close to mid-market rates and work by matching transfers in opposite directions, making them generally faster and more cost-effective than traditional banks. They require account opening and identity verification, with Wise being specifically noted for being cheaper and faster than traditional methods, using true average exchange rates, and offering multi-currency account management capabilities.

Wire Transfer Companies

Quick cash transfer options serve urgent needs, with examples including Western Union and Exchange4free. These companies allow cash pickup without the recipient needing a bank account, making them particularly useful for recipients without banking access. Western Union features wide global availability and can complete cash transfers within minutes, though they typically have higher costs compared to other methods.

PayPal

PayPal serves as a digital payment platform with international capabilities, though both sender and recipient typically need PayPal accounts. The service uses Xoom for international money transfers, with costs depending on recipient country, payment method, and currency. Transfers within Europe are free for same-currency transactions, but fees apply for credit card payments and cross-border or currency transfers. PayPal often offers below mid-market exchange rates but provides strong security features and buyer protection.

AWV Meldepflicht (International Transfer Reporting Requirement)

When transferring or receiving amounts exceeding €12,500 from outside Europe, you must report these transactions to the Deutsche Bundesbank to avoid potential fines and comply with German financial regulations. This requirement applies to transfers both from Germany abroad and from abroad to Germany, and is mandatory for German residents. All such transfers must be reported to Deutsche Bundesbank based on § 67 Außenwirtschaftsverordnung (Foreign Trade Regulation), and failure to report can result in fines of up to €30,000.

Since January 1, 2025, the 7th working day of the month has generally been established as the uniform deadline for all transaction reports, regardless of the type of transaction.

To ensure compliance, keep records of all large international transfers and understand your obligations as a German resident. Consult with your bank about automatic reporting procedures, as some banks may handle reporting requirements on your behalf, simplifying the process for customers.

Changing Banks or Closing an Account

German banking regulations provide flexibility for customers who wish to change their banking arrangements.

You can change banks at any time, and German law requires banks to provide “account switching help,” which is usually offered free of charge. However, this assistance only applies to transfers between German banks and doesn’t extend to international transfers.

To switch banks effectively, open your new account first, then apply for account switching assistance from your new bank. They’ll help transfer your direct debits, standing orders, and notify relevant parties of your new account details.

Although there’s no legal notice period for closing accounts, individual banks may set their own requirements in their terms and conditions. It’s advisable to keep your old account open for approximately two months after establishing your new account to ensure all transactions have been successfully transferred.

When closing an account, you’ll typically need to complete a closure form and return your cut-up bank cards. Ensure you receive written confirmation that the account has been closed, cancel any remaining direct debits or standing orders, and inform anyone who makes regular payments to your account about the closure.

Issues and Support

German banking regulations provide specific protections and recourse options for customers facing difficulties.

Rejection of Application

Banks can only reject basic account applications under specific, legally defined conditions. These include situations where you already have a usable account elsewhere, haven’t paid fees on a previous account, used a previous account for criminal activities, or where opening the account would violate legal requirements.

Filing Complaints

If your application is rejected inappropriately or fees seem excessive, you can file complaints with the Federal Financial Supervisory Authority (BaFin). For application rejections, use their online administrative procedure application. For excessive fees, complete and submit their complaint form. BaFin has the authority to require banks to reduce prices if fees are determined to be unreasonably high.

Support Services

Various organizations provide assistance with banking and financial matters. Migration Advice Centres offer help for individuals over 18, while the Youth Migration Service assists those up to 27 years old. These services can help with form completion and debt management issues.

Anti-Discrimination Measures

If you experience discrimination from a bank, you can contact the Federal Anti-Discrimination Agency for assistance and guidance. Additionally, Consumer Protection Centres provide general advice and support regarding banking services and contract issues.

Expat Considerations

Opening a German bank account represents a crucial step in establishing yourself in Germany, and understanding which banks cater to international residents can significantly simplify this process.

Expat-Friendly Banks

Several banks are considered particularly accommodating to expatriates due to their English-language services, quick account opening processes, acceptance of foreign documents, and flexible requirements regarding residence permits or registration certificates. Banks frequently recommended for expats include N26, bunq, Wise, Monese, Tomorrow, and Vivid.

Banks That May Be Challenging for Expats

Some banks present additional challenges for international residents due to language barriers, strict requirements, or slower processing times. These include C24 (German-only services), Revolut (requires tax ID), Sparkasse (primarily German language, requires residency), Deutsche Bank (can be slow, mostly German), Commerzbank (slower processing, requires registration/residency), ING (requires EU citizenship or permanent residency, German-only), and DKB (often refuses recent immigrants, German-only services).

English-Language Services

Banks offering comprehensive English services, including online banking, documentation, and customer service, include Wise, Monese, bunq, N26, and Revolut. Some institutions provide partial English services, such as basic online banking and potentially English-speaking staff, including Deutsche Bank, Commerzbank, and Berliner Sparkasse.

Wise stands out as particularly expat-friendly, allowing account opening from abroad without requiring a German address or residence permit, accepting numerous passport types, and offering free withdrawals up to €200 monthly. However, you’ll receive a Belgian IBAN rather than a German one, which occasionally causes issues with some German businesses.

Bunq serves as an excellent alternative to N26, accepting more passport types and not initially requiring an Anmeldung (registration), though it’s more expensive and the free account option is limited. Both Sparkasse and bunq accept citizens from countries under international sanctions, such as Russia, Iran, and Syria.

IBAN Discrimination

While IBAN discrimination is illegal throughout the EU, some German businesses may still encounter processing difficulties with non-German IBANs, potentially causing inconvenience for account holders with international bank accounts.

Girocard Availability

Only German banks typically issue Girocards, which remain a common payment method throughout Germany. While the necessity of having a Girocard varies depending on your lifestyle and spending habits, it can be essential for certain transactions and businesses that don’t accept international cards.

Conclusion

Successfully opening and managing a German bank account, along with understanding international transfer options, forms the foundation of your financial life in Germany. Whether you choose a traditional branch bank for personalized service or a modern digital bank for convenience and competitive rates, having the right banking setup will facilitate everything from paying rent to sending money home to family.

Remember that the German banking system values documentation and compliance, so maintaining proper records and understanding reporting requirements, especially for large international transfers, will help you avoid complications. Take time to compare different banks and transfer services to find the combination that best meets your specific needs as an expat living in Germany.