N26Germany
The fastest way to get a German IBAN
I opened my N26 account on my second day in Berlin using my passport and visa, with video identification in the app. It took about 20 minutes, and my employer could pay my salary into it immediately. The app is in English and very clear, and spending notifications are instant. Transfers within the SEPA area are free and fast. The downsides: there are no branches, cash deposits are limited and cost a fee at partner shops, and customer support is chat-based and can be slow for complex issues. Some landlords and older companies still prefer a traditional bank. For the first months, it is excellent.
Pros
- Opens in minutes
- Clear English app
- Free SEPA transfers
Cons
- No branches
- Awkward cash deposits
- Slow support for complex issues