Bank Account

Cash payments still play a big role in everyday life in Germany. Routine bills, however, for example rent and electric, can automatically be withdrawn from a bank account. This is often a requirement for rent and other regular payments.

It is therefore necessary to open a Giro account (i.e. a current account, from which deposits and payments can be made, from abroad as well) at a German bank. In Clausthal-Zellerfeld, there are branch offices of Volksbank and Sparkasse, where on-site personal service is possible. However, students may open an account at any bank in Germany.

In order to open a bank account, the following documents are necessary:

• Proof of identification (e.g. passport)
• Confirmation of registration from Clausthal or residence permit
• Certificate of enrollment from TU Clausthal
• Tax - ID (Can be requested in the townhall)

There are many formalities which need to be completed upon arrival or shortly thereafter. It is best to visit our Welcome Day and the TUC Starter Week, where new students will be looked after by older students.