bank system

As salaries are paid directly in your bank account, it is essential to open a bank account as soon as you secure a job. The banks normally require a copy of your contract and your passport in order to open an account. There are several high street banks and the Postbank, which operates from the Post Office. Money transfers between banks normally take 2 days, and the Postbank can take 3 – 4 days. The Postbank remains popular as many of their services such as bank statements are free of charge.