Commerzbank offers free current accounts with no monthly fees. No account management fees for monthly transfers over €700. Free online banking and ATM services available. Free EC-card included with current account
Low minimum balance requirement of Rs.10,000 quarterly. Daily purchase limit of Rs.2.50 lakhs and ATM withdrawal of Rs.50,000. Unsecured overdraft facility up to Rs.15 lakhs. Free cheque collection through Speed Clearing. Free cash withdrawal at home branch and up to Rs.10,000 daily
Germany has three-pillar banking system: private banks, public savings banks, and cooperative banks. Deutsche Bundesbank is national central bank, BaFin regulates banking services. Banks offer international, online, and mobile banking options