1

SEPA is supposed to provide for a single Euro payments area, where direct deposits and direct debits are supposed to be unified across the eurozone. IBAN replaces local bank account numbers.

A question from 2016 complains that in practice, institutions insist on a local German bank account. How is this now in 2018? Should I still expect to require a German bank account in Germany, or have these problems since been resolved?

  • I think the only way to find out is to try it. My suspicion is that it will have got much better (Vodafone will want to accept Dutch bank accounts so that Netherlanders crossing the border to work on a daily basis can have a Vodafone SIM, etc). It didn't take long to open an account, so if you do have to, you can. – Martin Bonner supports Monica Sep 6 '18 at 7:26
  • @MartinBonner Oh, I'm sure that I can — but it's one of those things that can be a bit of a "chicken and egg" hassle when starting up in a new country. – gerrit Sep 6 '18 at 7:52

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Browse other questions tagged or ask your own question.