I wish there was a European payments provider like India has RuPay :(

This Seems to be the prevailing option online too. I also found that N26 and Revolut are just as shady. During my research, it seems like N26 is the worst option. Not only is it supported/funded by Peter Thiel and other American oligarchs it has a shady history Source (in German) And Revolut while mostly British also has significant Russian ownership /ties

Unfortunately, during my research, it seems like N26 is the worst option. Not only is it supported/funded by Peter Thiel and other American oligarchs, and it has a shady history Source (in German)

Precisely that was the plan; I’m disabled, and managing to work with a physical bank is hard for me, I thought if I could throw out PayPal and Deutsche Bank in one go, that’s the best-case scenario

I’m genuinely very sorry, but I don’t have any choice at the moment. As an immigrant to Germany, much of my savings is still back in my home country. My home country has quite complicated laws regarding remitting money abroad, and it becomes significantly easier if the bank handling the remittance on both ends is the same banking entity.

Unfortunately, Deutsche Bank is the only bank that is both reputable and large enough to be stable whilst also operating in both countries. I genuinely have no other choice right now. The minute I can, I would love to switch to Sparkasse, Commerzbank, or any other alternative. But at present, my hands are tied due to these circumstances.

I’m really, really sorry about this situation. I understand the concerns, but I’m not happy about them either.

I could open another account in Sparkasse or Commerzbank, but I’m just transitioning from student to full-time employee in Germany. I don’t have much money, and there’s no point in keeping my measly amounts in two different bank accounts.

I’m trying my best to make small changes where I can and cut the oligarchs out of my life; I am aware that I’m complicit in their shady dealings by continuing business with Deutsche Bank. Unfortunately, I can only offer my most sincere apologies right now.

Thanks for suggesting Wero! I tried it out, but unfortunately, they’re incompatible with my bank (Deutsche Bank). It does seem super cool, though! I’ll follow their progress and hope they add support soon. I appreciate the recommendation.

Thanks for suggesting Wero! I tried it out, but unfortunately, they’re incompatible with my bank (Deutsche Bank). It does seem super cool, though! I’ll follow their progress and hope they add support soon. I appreciate the recommendation.