Deutsche Bank is a globally renowned financial institution with branches in major cities across China. If you plan to move to Germany, you can contact a domestic branch to explore the possibility of remote account opening or apply online after arriving in Germany with a local address and phone number. As one of Germany's three major banks, Deutsche Bank cards allow free ATM withdrawals at various banks (such as Deutsche Bank, Commerzbank, Postbank, etc.) and gas stations, helping to save on daily withdrawal fees.

Deutsche Bank Account Types

1. AktivKonto (Standard Checking Account)

   • Overdraft limit: 500 EUR
   • Free debit card
   • Free withdrawals at global partner ATMs
   • Monthly fee: 6.90 EUR
   • Minimum deposit requirement: None
   • Students and apprentices can apply for fee waiver

2. BestKonto (Premium Checking Account)

   • Two free debit cards and two free credit cards with travel insurance
   • 6% cashback on travel-related purchases such as hotels and flights
   • Monthly fee: 13.90 EUR
   • Minimum deposit requirement: None
   • Free counter SEPA transfers

3. Flexgeld (Savings Account)

   • Floating annual interest rate, currently 1%
   • Interest credited quarterly
   • Monthly fee: None
   • Minimum deposit requirement: None

4. FestzinsSparen (Fixed-Term Deposit Account)

   • Minimum deposit: 2,500 EUR, maximum 100,000 EUR
   • New funds earn up to 3% annual interest, existing funds earn up to 2.6% for a 12-month term
   • Monthly fee: None

Deutsche Bank Account Opening Requirements

• Age 18 or older; minors must be accompanied by a guardian
• Valid identification document
• Valid German visa/residence permit
• Meet the account's minimum deposit requirements (Girokonto generally has no requirement)

Required Documents

• Identification (International passport)
• German visa/residence permit (can serve as address proof)

Deutsche Bank Fees Overview

• Account Opening: Free
• Debit Card: No annual fee
• Credit Card: First two cards with BestKonto are free; other accounts incur annual fees
• Instant Transfers: 0.60 EUR
• ATM Withdrawals:
  • Deutsche Bank and partner ATMs: Free
  • Other ATMs: 1%, minimum 5.99 EUR
• Foreign Currency Payments: 1%, minimum 1.50 EUR
• Currency Exchange Fee: 0.5% markup on exchange rate
• Incoming Wire Transfer: Minimum 5.50 EUR, maximum 95 EUR
• Outgoing Wire Transfer: Basic fee 1.5‰, minimum 10 - 13 EUR, SWIFT fee 1.55 EUR, correspondent bank fee 25 EUR

Deutsche Bank Account Opening Process

1. Visit the Deutsche Bank website and select the account type (checking or savings).
2. Click "Konto eröffnen" and complete the application form.
3. Verify identity: choose between online video verification (VideoLegitimation) or postal verification (Postident).
4. After completing the account setup, receive online banking login details.
5. Debit card, password letter, and activation QR code (PhotoTAN) will be sent separately to your address.