Money

In Germany there are several available ways in which you can make your purchases:

Cash

The currency used in Germany is the Euro (€)

1 euro = 100 cents 

There are banknotes of 5, 10, 50, 100, 200 and 500 euro plus coins worth 1, 2, 5, 10, 20 and 50 cents and 1 and 2 euros.

Cash continues to be the most widely used form of payment. Especially when buying goods in smaller quantities, this is the most convenient form of payment. Cash can be withdrawn from ATM machines by using an EC debit card or credit card or at tellers' counters in banks.

 

Changing Money and Traveller's Checks

You can change money or traveller's checks at all banks. In many cities, there are currency exchange outlets that offer the same service.

 

Electronic Cash (EC)

The "Eurocheque" card bearing the EC-/Maestro sign can be used for cashless shopping in many stores. You should find out beforehand, however, whether a specific store actually accepts this form of payment. Some stores require a minimum purchase of 10,00€ for accepting payment by EC card.

 

Credit Cards

Most shops accept the global credit card brands. Often, however, a minimum purchase of 10,00€ is required. Cash Cards Many banks offer their customers so-called "cash cards", which can be charged at special terminals and can be used as a form of cashless payment.

 

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