Banks & EMIs
GLS Bank

GLS Bank

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Overview

GLS Bank is a German cooperative bank whose legal entity is GLS Gemeinschaftsbank eG, based in Bochum and supervised by BaFin. Its product for companies is GLS Konto Geschäft.

Published fees The bank lists account maintenance at EUR 120 per year, EUR 0.14 per transaction, a GLS contribution of EUR 60 per year, a BankCard at EUR 15 per year and a BusinessCard at EUR 50 per year.

Registration and protection The bank is registered in the cooperative register as GenR 224 at the Amtsgericht Bochum, with bank code 43060967. Deposits are protected through BVR Institutssicherung GmbH, with additional voluntary BVR protection. Statutory deposit protection and institutional protection are not identical.

Who it suits The account suits German businesses that value sustainable banking and need EBICS and accounting integration.

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