ExpatNav

Bank Account (Girokonto)

Deutsche Bank Review (2026)

Best for: Students who want a prestigious global bank with physical branches everywhere

Visit Deutsche Bank

Setup fee

0.00

Monthly fee

Free

Setup time

Apply online or in-branch; 5-10 business days

Languages

DE, EN

Mobile app

Yes (4.1/5)

Key Features

  • Germany's largest bank — trusted globally
  • Free Young Account for students under 30
  • Cash Group ATMs — 9,000+ free
  • Branches in 58 countries (useful for international transfers)
  • Investment and savings products available
  • Expatrio partnership — blocked account transfers

Limitations

  • SCHUFA check required
  • Dated online banking interface
  • Slower account opening than digital banks
  • English support not guaranteed at all branches
  • International transfers via SWIFT are expensive

Pricing Plans

Recommended

Junges Konto (Student)

Free

  • €0/month for students under 30
  • Girocard debit card
  • Cash Group ATMs (9,000+)
  • Free cash deposits at branch
  • Online & mobile banking

Eligibility

Who can use Deutsche Bank?

RequirementStatusNotes
nationality: non euAcceptedWith valid residence permit
nationality: eu citizenAccepted
visa type: student visaAccepted
visa type: job seeker visaAccepted
language: no german requiredAcceptedEnglish service available in major branches
credit check: schufa not requiredNot acceptedSCHUFA check required

About Deutsche Bank

Deutsche Bank is Germany's largest bank and a global financial institution. Their Young Account (Junges Konto) is free for students under 30. With branches in 58 countries, it's ideal for students who value international presence and brand recognition.

Founded: 1870HQ: Frankfurt, GermanySupport: phone, email, in-person

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