Your Business Account in Germany 🇩🇪

Q: How to open a business bank account in Germany for non-residents?

To open a business bank account in Germany as a non-resident, you generally need to follow these steps: choose a bank, provide business registration documents, identification documents for directors and signatories, proof of address, complete the bank's application form, and additional requirements specified by the bank. This may involve a personal visit to the bank or video identification.

Q: Can a foreigner open a business bank account in Germany?

Yes, foreigners can generally open a business bank account in Germany. As in most EU countries they will have to demonstrate the economic substance in the country of their choice with either a local entity, business partners, employees, etc. or fit other criteria depending on each individual bank’s procedures.

Q: Can a non-German resident open a business bank account in Germany?

Yes, it is possible for non-German residents to open a business bank account in Germany. However, specific requirements and procedures may vary among banks. It is advisable to contact the chosen bank directly for accurate information on their account opening process for non-German residents.

Q: Do I need a German tax ID to open a business bank account?

Yes, in most cases, you will need a German tax identification number (Steueridentifikationsnummer) to open a business bank account in Germany. This is a unique identifier issued by the German tax authorities. It is recommended to contact the bank directly for their specific requirements and procedures.

Open a business account to operate in Germany with or without local presence. Get multicurrency IBAN to manage EUR, USD, GBP and other currencies just like local companies do.

Open account

A single solution to bank overseas

Be where your clients and partners are - With MultiPass multi-currency account do business with partners, clients and contractors both globally and in local markets. Hold, send & receive money in multiple currencies and convert only when needed, at great FX rates.

Within Germany 🇩🇪

Account details:

IBAN (EU & global)

Currencies:

EUR

Supported payment networks:

SEPA, SEPA Instant

Delivery time:

0-1 business day

The rest of the world 🌍

Account details:

IBAN (EU & global)

Account number & Sort code (UK)

Account & Routing numbers (US)

Currencies:

EUR, GBP, USD & 30+ currencies

Supported payment networks:

SWIFT, SEPA, SEPA Instant, Faster Payments, ACH, Fedwire, 10+ local networks

Delivery time:

0-2 business days

Reliable & transparent banking, designed for international business

Worldwide transactions

Transact in 30+ currencies across 180 countries. Get your own dedicated IBAN and local UK, EU & US accounts. Make fast multi-currency payments globally via SWIFT or local payment networks.

Wholesale FX rates

Perform live FX and move money between your own accounts with ease. MultiPass gives you access to wholesale exchange rates that guarantee significant savings versus traditional banks.

Business cards

Handle your daily corporate expenses easily with your own virtual and plastic payment cards. Order and manage your cards 100% online from your MultiPass business account.

Dedicated support

No bots or automated replies!
A dedicated banking expert that understands your business nature with help you out with any questions and ensure smooth delivery or your payments.

Digital onboarding

Onboard and manage your account entirely online, wherever you are. Our team will guide you through the onboarding so that you can be up and running within days, not weeks.

Trusted service

MultiPass is a UK-based FCA-authorised EMI. MultiPass is part of the Dyninno Group, an international holding with over 19 years of experience in the global market.

How to send money to Germany 🇩🇪 with MultiPass

Convert your currency to EUR

Save on FX vs traditional banks. Hold EUR in your account and avoid unnecessary conversions.

Choose recipient in Germany

Make a payment to their local account details

From 0.50 GBP per payment

Payment delivery up to 5x faster than SWIFT

Pricing

Account opening

29-450 GBP

Account maintenance

29-250 GBP/month

IBAN + local UK, US details issuing

Free

Please note that pricing may vary from case to case. For more information, visit the pricing page.

Get paid in EU like a local

free to 1 GBP

Share your new account details with your customers in the EU, allowing them to pay you as easily as they would a local company.

Pay overseas staff cheaper & faster

from 0.50 GBP

Local payouts offer significant savings vs international SWIFT transfers, which is perfect for companies that regularly pay salaries to overseas contractors.