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Problems with the PostIdent for Foreigners

15.8.2014:  Banks have to verify the identity of their customers beyond doubt. This is not only because of their own interest, as this identity verification process is required by law. At a bank branch office, this is done during a personal visit and presentation of an official identification document. Sometimes difficult with foreign ID-documents … As a personal … read more

Obligation to Report at International Transfers?

10.8.2014:  A lot of DKB-bank account holders have already become aware of this issue, when reading, „SVWZ+UEBERTRAG AWV-MELDEPFLICHT BEACHTEN HOTLINE BUNDESBANK. (0800) 1234-111“. What can you do now? First of all: Read this article without ruffle or excitement. Generally, financial transactions to and from Germany are subject to reporting, if they are higher than 12,500 Euros an economic … read more

Prepaid DKB Visa Card for Minors

3.8.2014:  The own DKB Visa Card for your Junior! What a lot of DKB-customers – who are parents too – do not know: They can open a free DKB-account with a Visa credit card. DKB designates this offer as DKB Cash u18. Free Offer for Minors! When is a DKB-account for minors useful? There are many useful implementations. … read more

DKB: possible in Austria with a trick

18.7.2014:  We’ve observed carefully how DKB handles applications for accounts from abroad since the bank has backed down from its foreign business on 30th of June 2014 (as I reported). We’ve learned about a first positive experience from Austria. This encourages to continue to apply online for a DKB account. However, the customer needs to make a bigger … read more

DKB: No more accounts for foreigners!

30.6.2014:  The DKB has been an insiders’ tip for free checking accounts with credit cards and free withdrawals at ATMs worldwide. That’s over on 30th of June 2014. New customers who live outside Germany aren’t welcome anymore 🙁 Two times all-clear! Everybody with a registered residence in Germany will still be able to open the brilliant DKB account. … read more

How to open a bank account in Germany (via Internet)

3.5.2014:  You have decided on opening a bank account in Germany via the Internet? Great, I will help you to do this. I have developed this instruction page for you. Follow the steps and soon you can take advantage of a German bank account and the corresponding credit cards. The steps are for DKB and Comdirect account openings. … read more

Secret bank account in Germany possible?

31.3.2014:  Completely unnoticed by the general public, German banks have become a popular investment destination for savings of “non-residents”. A lot of money flows to Germany In recent years, especially people from southern European countries became customers of German banks. They appreciate the security of the German banking system and, if choosing the right bank, also the complete … read more

The Berlin TV Tower: Free admission!

28.2.2014:  You should not miss the Berlin TV Tower when visiting Berlin. Under good weather conditions you can view up to 80 km far – that’s virtually the whole city! The Berlin TV Tower and your free ticket … How much is a ticket for the TV Tower? For you as the owner of a DKB Visa Card: … read more

DKB: withdraw rent for free while abroad

19.1.2014:  From time to time when traveling, I meet people who would benefit from a good, German bank account (for example, one at the DKB). This is the first of a small series of articles on this topic. The solution is the DKB Visa Card and free ATM access! I met an elderly man in California, we’ll call … read more

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