Along with finding a flat and a job, opening a bank account is one of the first things you’ll need to do when arriving in Germany. From paying bills to getting paid yourself, your overseas account is unlikely to cut it.
Grounded in history, German’s scepticism for card payments has meant cash has long been king in Deutschland. But a gradual increase in card payments – along with growing trust in the medium – has seen them eclipse cash payments in Germany for the first time.
A 22-year-old woman from London has been arrested in Berlin after stealing designer goods from KaDeWe, Germany’s most famous luxury department store, local media report.
Confirming conservative stereotypes, Germans have come out strongly in favour of sticking to hard cash in conducting transactions, a survey published on Thursday showed.