Managing your finances

When you come to study in Germany, it’s a good idea to open a bank account here. Practically everyone in Germany pays their bills with a current account – the telephone bill, the rent, the semester contribution, etc. There are several banks in Weimar which offer free current accounts to students.

To open an account, you will need:

When you open an account, the bank may offer you a Maestro card or credit card. Before issuing you a credit card, the bank usually checks how long you intend to live in Germany and whether you have sufficient funds at your disposal.