Bank Account
Opening a bank account
Having a bank account in a German bank is a requirement for all students. You will need an account in order to make the contract for your room; it is also needed for your student health insurance. For many banks as a student, you don't have to pay any fees to open and maintain a bank account (unless you are above a certain age).
Here you will find a list of some banks located at the main street of Freising's center. Normally every bank has English speaking staff members.
- Sparkasse Freising Untere Hauptstrasse 29. Opening hours - Mon.Tu.Wed.Fri. 8:00-12:30; 14:00-16:00 and Thu. 8:00-12:30; 14:00-18:00.
- Deutsche Bank Freising Untere Hauptstrasse 36. Opening hours Mon.Tu.Wed.Fri. 8:00-12:30; 14:00-16:00 and Thu. 8:00-12:30; 14:00-18:00.
- Dresdner Bank Freising Obere Hauptstraße 10. Opening hours Mon.Tu.Wed.Fri. 8:00-16:00 and Thu. 8:00-17:30.
- Sparda Bank Obere Hauptstraße 14, 85354 Freising. Opening hours Mo. 08.30 - 13.00 and 14.00 - 16.00, Tu. 08.30 - 13.00 and 14.00 - 18.00, Wed. 08.30 - 13.00, Thu. 08.30 - 13.00 and 14.00 - 18.00, Fr. 08.30 - 13.00. No account fees irrespective of age and student status. But you have to buy an initial share 52€, which you will get back the year after you close the account plus interest. Member of Cash-pool (see further below).
page revision: 4, last edited: 20 Mar 2009 21:35
Many banks invest the money into things that are not sustainable (e.g. oil or coal) or that are considered unethical by many people (arms production, investment into companies). Who knows maybe the bullits that some groups in your contry seek to use against your loved ones come from production financed by the bank that you give your money to… There are however, a growing number of banks who invest their money more responsibly. I think it would be good to also add info here on these issues. This could also be a project in project management class.
Interesting comment…what about some names? Such as Ökobank and GLS Bank in Germany. What about other, national or international banks that explicitly reject the financing of weapons?
There are other issues besides arms production financing: Banks should i.a. also make sure their lenders don't use child labour, respect human rights, allow unions, adhere to env. standards etc. Many banks have a code of conduct that can be looked at. But the question of course is weather or not it is mainstreamed.
Another interesting link may be Bank Track