How to create a EUR currency account?
You will receive your pension refund payment in EUR currency. In order to safe transaction fees, which banks usually charge for cross border transfers and avoid to receive less favorable exchange rates, you can setup a EUR currency account with Wise
Wise allows you to receive the refund amount in EUR currency and transfer it to your local account in your local currency at very low transaction fees.
In summary:
1) You receive 100% of the refund in EUR without having to pay any fees to the bank.
2) You can exchange your EUR refund into 40+ available currencies and transfer them internationally
3) You receive transparent and competitive exchange rates
4) You don't pay any fees for maintenance of the account
5) You can create virtual credit cards and start spending directly, e.g. by adding the card to your Apple Wallet.
Setting up the account only takes 5 mins and you can directly download a certification online that you are the owner of the account which is required by the German Pension Insurance.
We are experts on the refund process.
Now it’s your turn:
The eligibility check is free of charge and takes less then 1 minute.
We will show you the result instantly.
