Business and private accountAccounts for businesses, self-employed persons, freelancers and private customers
The Onlinekonto is appropriate for
- businesses with an entry in the German Commercial Register (also limited companies)
- Registered merchants
- Start-ups and founders
- Small businesses and sole proprietorships
- Freelancers and self-employed persons
- Registered associations
- Private customers
Businesses can use Onlinekonto as a tool to manage their payments online. Receive money transfers privately (private account) or for your business (business account).
Note: The maximum account balance is limited to 15.000 Euro. A higher balance limit for your account and card can be approved after consultation.
When opening a private account, you have to provide a PostIdent form and an application to open an account, no further documents or records are required.
In case the account holder is a company that is registered in the Commercial Register of Germany, you have to provide the following documents:
- Application to open an account (will be printed)
- Extract from the Commercial Register
- Declaration in terms of the German Prevention of money laundering Act (will be printed)
- PostIdent form of one business owner (will be printed)
Note: limited companies (Ltd.) must provide an entry in German Commercial Register BEFORE opening an account.
Self-employed persons, freelancers and small businesses or sole proprietorships can open a private account for business purposes. Besides the application to open an account and a PostIdent form, we ask you to prove the effective use of your companys name (e.g. by providing a sample billing or head of a company letter) as well as a copy of your business registration.
How does the order process work?
Fill and send the application form for an account online.
Show printed PostIdent coupon at Deutsche Post office
Fund your account by bank transfer or cash deposit.
Unlimited use of your card and online bank account.
Onlinekonto - the safe alternative
No risk of debt
Onlinekonto and Mastercard are balance-based prepaid services. Overdrafts and resulting indebtedness are impossible. For your own security, the Onlinekonto can hold funds only up to a omaximum of 15.000 Euro.
Account without schufa credit rating
The prepaid feature does not generate relevant credit data and hence does not affect schufa credit ratings
Seizure protection account (P-Konto)
Opening an Onlinekonto gives private customers the opportunity to hold a seizure protection account. The transformation can be ordered easily online.
Your Prepaid Mastercard
The Onlinekonto comes with a prepaid Mastercard, that is connected to your account. The account balance is directly available on your card, there is no need to charge your card up-front.
You can pay smoothly with your Mastercard worldwide at millions of points of acceptance such as online shops, petrol stations and supermarkets. Look out for the Mastercard signs. You can also find this on millions of ATMs worldwide, where you can withdraw cash with your prepaid Mastercard.
Prepaid Mastercard PIN
You can request your individual PIN code online at any time.
Custom card design
The Onlinekonto prepaid card can be printed with your customized design.
We charge a low fee for this and additional services, which you may find in the price list
Business accounts and private accounts are treated equally - Onlinekonto offers a fair, standardized and transparent fee policy. Only the non-recurring setup fee for a business or a private account differs. Please find the details in our Price list.
You can close your account and the according prepaid Mastercard online and without notice at any time.