There are many different banks in my city. Where should I open my account?
Ask for: What accounts are there? How much do you have to pay for the account and for a transfer? Do you have to pay money every month? How many machines does the bank have in your city? What does the bank do with your money? How fast can you transfer money abroad? The answers can help you decide.
Can I withdraw money from all machines with my debit card?
You bring money to the machine from your bank? Then you do not have to pay anything. At the machines of other banks you sometimes have to pay something. Check with the banks or read the information at the machine.
Can I pay with the debit card in a shop?
In many shops you can pay with the debit card but not in all. For this you usually need your PIN. Often you also have to sign on the receipt.
Can I transfer money from my account abroad?
Yes. Usually, remittances abroad need a few days. Information about transfers abroad can be readily obtained on the internet.
Additional information for asylum seekers
You want to transfer money home? Then ask for help with migration counseling. If you have a bank account, you can transfer the money abroad. Otherwise one can send the money over different institutes.
I want to buy a car, but I have no money. Can I get the money from my bank?
You can ask at the bank. Maybe you will get a loan. But you have to pay a fee and interest on the loan. Ask at various banks.
I got a loan from a bank. But I cannot repay the money. What can I do?
First, get well advised. You can find more information about counseling centers under the heading “find help”.
MoneyTalk6 