Item2584: Create a bank account

Prerequisites:

• register the the Board members at the court
• Item2585 apply for non-profit status at the financial authorities

Todo:

1. Seek for inexpensive (german) bank account for "Vereine" (Associations)
2. Choose one
3. Collect the necessary paperwork
4. Create the account
5. Publish the account details on f.o. (donation page etc)

Some banks offer free accounts. All of those offers address private persons, not associations.

Bank name	Fee details	Comment
Deutsche Bank, Commerzbank, Postbank	no special fees, 5-10 €/month plus transactions	too expensive
Hannoversche Volksbank	special association fee: 2,50€/month, no transaction costs	local bank in Hannover, hard to manage for non-Hannover board members
Sparkasse Hannover	no special fees, 7€/month plus transactions	too expensive
GLS Bank	special association fee: 2€/month, no transaction costs	promising candidate

-- OliverKrueger - 05 Jan 2010

Picked GLS Bank. Preparing necessary documents. Will send the papers to GLS, when the written confirmation for the non-profit status is available from the authorities.

-- OliverKrueger - 22 Jan 2010

Item done. Closing.

-- OliverKrueger