Can a US citizen have a bank account in Europe?
Yes, foreigners, including US citizens, can open a bank account in Germany regardless of their nationality, although the requirements can vary by bank. EU/EEA citizens typically need only a passport, while non-EU citizens usually need to provide a residence permit and a registered address in Germany to satisfy the requirements of traditional banks. However, if you do not have a residence permit, there are several digital-only banks and fintech providers that offer accounts without these strict requirements, making the process much more accessible for expats and students. It is recommended to compare the specific policies of different German banks to find one that aligns with your current residency status.
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