VideoIdent / PostIdent: Who Qualifies and What You Get
Learn how to complete the mandatory identity verification required to open new bank or brokerage accounts in Germany.
These are the official methods used to prove your identity when you need to open a new bank or brokerage account.
Who it's for
This process is for anyone who is opening a new bank or brokerage account and needs to verify who they are.
What you get
By completing this process, you receive the legally required identity verification needed to activate your new financial accounts.
What it costs you
The process is free, but you will need to have a valid passport and a stable internet connection to complete it.
The catch to know
If you choose the video option, the process often fails if your lighting is poor or if your passport is an older version.
How to apply
- Choose the verification method offered by your bank or provider.
- For VideoIdent, prepare your passport and find a well-lit area with good internet.
- For PostIdent, take your identity documents to a local post office.
- Follow the instructions provided by your financial institution to finalize the check.