Cool Small Business Bank Accounts References. You must have an address in germany, at least euros 500 revenue per month. A business bank account “geschäftskonto” for business purposes and a private bank account “privatkonto” for private personal uses.

There is no one right type of business bank account. And, we’ve answered some faqs, such as what documentation you need, how to open an account and what a bank should offer you. For larger transaction volumes and multiple users, these providers quickly become expensive.