Commerzbank Business Bank Accounts
Commerzbank offers 3 business bank account options: Klassik, Premium, and Gründer. Each account offers comparable features with add-ons available for an additional cost.
Classic Business Bank Account “KlassikGeschäftskonto”
The “KlassikGeschäftskonto” starts at €12.90/month. They are currently waiving the monthly fee for the first six months.
With the “KlassikGeschäftskonto” you will have full online banking accessible via mobile or web browser. You will even have access to the thousands of Commerzbank ATMs through Germany. Through ATM access, you can freely withdraw funds, deposit funds, and check your account statement.
Included:
- First 6 months of the basic account are FREE
- €100 online signup bonus
- Digital banking
- Debit card included (Commerzbank Girocard)
- Electronic banking services
- 10 Paperless payment orders (.20 cents for each additional)
- Free CashRadar feature allows you to monitor your accounts
For an additional fee you can:
- Check digital sales information (“COINFO”) (€11/month)
- Make digital payments (“COTRANSFER”) (additional €6/month)
- Premium Business Card (€79.90/month)
- Premium debit cards (€5.90/month)
- Foreign currency account (€9.90/month)
- Payment orders with receipt (€2.5/order)
- Deposits and withdrawals at Commerzbank ATMs (€2.50/order)
Premium Business Bank Account “PremiumGeschäftskonto”
The “PremiumGeschäftskonto” starts at €29.90/month.
The “Gründerangebot” account is offered specifically to start-ups less than 3 years old. This offer allows those who qualify to pay €17.90/month for the first 24 months. Basically, you will receive 40% off the “PremiumGeschäftskonto” for 2 years. Customers who sign-up for this offer will have access to the same features offered in the “PremiumGeschäftskonto” account.
Included:
- Digital Banking
- Debit card included (Commerzbank Girocard)
- 50 Paperless payment orders (.15 cents for each additional)
- Electronic banking services
- Premium Business Card (debit or credit card)
- Free CashRadar feature allows you to monitor your accounts
- Digital sales information
For an additional fee you can:
- Cash deposits or withdrawals (€2.50 per transaction)
- Foreign currency account (€9.90/Month)
- Send payment orders with receipt (€2.50/Order)
- In-Person Withdrawal / Deposit at the bank (€3.50/Transaction)
How to Apply:
The application process is simple and quick if you have all the documents and information handy. Use our step-by-step guide to get the English translations.
The first part of the application process will ask for your personal information along with information about your business. This information will include your name, gender, date of birth, and address. At this point, you will be able to see your future account number (IBAN)
The second part of the application process will have you verify your identity. You will need to download Commerzbank’s preferred verification application. This is called “videoIDENT” and you can find it on the app store. You will connect with a live representative through the app. They will confirm your identity with your physical ID or Passport.
Once your information is successfully verified, you will receive a photoTAN activation letter and will have access to online banking.