Opening a bank account in Frankfurt is a relatively easy process. You will simply need to provide valid identification, such as your passport, visa, or residence permit. Banking in Frankfurt is not much different than it is in other countries such as the United States. It is essential that you establish a bank account as soon as possible after arriving in Frankfurt, because you will need this to rent an apartment or flat – landlords want to know that you have a local account for rental payments.

Here is the contact information for several popular banks in the central Frankfurt area:

HypoVereinsbank Bank-Shop

Campus Bockenheim, Neue Mensa, ground floor, D-60325 Frankfurt

Telephone: +49-(0)69-7706267-11

Frankfurter Sparkasse

Adalbertstr. 2 (Ladengalerie), D-60486 Frankfurt/M

Telephone: +49-(0)69-264 110 05

Commerzbank

Gräfstr. 85, D-60487 Frankfurt/M

Telephone: +49-(0)69-795 09 50

Volksbank

Leipziger Str. 48, D-60487 Frankfurt/M

Telephone: +49-(0)69-217 212 500

Because Frankfurt is widely considered to be the banking capital of Europe, there are many international banks represented within the city. Deutsche Bank, Citibank, HSBC, and Bank of America all offer branches throughout the city. If you have already established an account with one of these banks prior to moving to Frankfurt, you will simply need to visit the appropriate branch upon arrival to convert your account to a German account.

Keep in mind that the official currency of Germany is now the Euro – the Deutschemark ceased to be valid legal tender in 2002.

Here is the contact information for international banks in Frankfurt:

HSBC

Firmenkundenbetreuung

Taunusanlage 1

60329 Frankfurt am Main

Telefon +49 69 719030

Telefax +49 69 71903 474

Citibank

Gr Eschenheimer Str 1, Frankfurt

+49 69 280841

Zeil 44, Frankfurt

+49 69 920703-0

Berger Str. 175-177, Frankfurt

+49 69 945053-0

www.citibank.de

Deutsche Bank

Deutsche Bank offers more than a dozen locations throughout Frankfurt. For the location nearest you, please visit www.db.com

Bank of America

An der Welle 5

60322 Frankfurt, Germany

+49 69 71001-0

www.bankofamerica.com