Commerzbank is a leading bank in Germany that offers bank accounts for both private and business customers. It is a well-known bank with an excellent reputation. In 2020, Commerzbank was voted the test winner in the branch banks category in the annual bank test carried out by €uro magazine. This was also the case in 2018 and 2019. Commerzbank scored with its high quality of advice and service compared with 33 other financial institutions operating nationwide.
With a business bank account from Commerzbank you experience the benefits of both worlds: get to know the Commerzbank’ services digitally and personally. Customers benefit from the numerous possibilities and options: opening an account online, easy handling through online banking, the option to use the app in English plus a large network of branches, to name just a few advantages of the Commerzbank bank account for business customers.
You have the option of choosing between three different business accounts: Klassik, Premium and GründerAngebot.
The Klassik account is for free for the first 6 months, after which it costs 9.90 EUR per month. The account includes digital banking via web, app and telephone, a Commerzbank debit card and 10 paperless payments per month. Account statements are available at the self-service terminal.
The Premium business account costs 24.90 EUR per month. Included are digital banking via web, app and telephone, a Commerzbank debit card and 75 paperless payments per month. Account statements are also available at the self-service terminal. Furthermore a Business Card Premium (credit or debit card), 10 cash deposits and cash withdrawals per month are included.
The GründerAngebot is a special offer for founders. If your company was founded within the last three years, you get the Premium account at a discounted monthly fee of 14.90 EUR for the first 24 months (after that 24.90 EUR). It comes with exactly the same features as the Premium account.
How to open a Commerzbank business bank account
The application for the Commerzbank business bank account is completed online. Customers register with their personal data such as name, date of birth, address etc. and can also specify their login credentials during the application process. After entering your data, you will already see your future bank account number (IBAN).
In the second step, you need to prove your identity to Commerzbank. This can be done conveniently via VideoIdent. Simply download the VideoIdent app on your smartphone or tablet and you will be guided through the identification process. You just need your smartphone/tablet and your passport/ID card. No need to fill out forms or go physically to a bank or post office… After successfully legitimating yourself, you will receive a photoTAN activation letter. From this point on, you can fully use your Commerzbank business bank account.