Depositing cash

Depositing cash in Germany – your options:

1. Branch bank (Sparkasse, Volksbank, Commerzbank):

• At the counter: any amount, free (at your own bank)
• At the deposit machine: coins and notes, available 24/7
• Credited to your account immediately

2. Direct bank (ING, DKB, comdirect, N26):

• ING: deposit at ING machines (limited locations) or free from €1,000 via Reisebank
• DKB: free at the counter of some partner retailers or via Reisebank
• N26: at retailers (REWE, Penny, dm) for a fee (1.5%)
• In general: direct banks are NOT ideal for depositing cash

3. At the supermarket (cash-in):

• Some banks (N26, Commerzbank) offer deposits at REWE, Penny, dm
• Fee: 0–1.5% depending on amount and bank

From €10,000: proof of origin!

• Money Laundering Act: from €10,000 the bank must ask WHERE the money comes from
• Proof: receipt, purchase contract, gift agreement
• No reason to worry if the money is legal – just explain