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The currency of Germany is the Euro, with one Euro equalling 100 cents. Notes come in denominations of €500, 200, 100, 50, 20, 10 and 5. Coins are in denominations of €2 and 1, and 50, 20, 10, 5, 2 and 1 cents. Money can be exchanged at bureau de changes, post offices, railway stations, hotels and many other locations. Traveller’s cheques are widely accepted, though to avoid additional conversion charges these should be in US Dollars, Pounds Sterling or Euros.ATMs are widespread through Germany and the majority of major international credit and debit cards are accepted.
See:
Visa: http://www.visa.com/atms/
MasterCard: http://www.mastercard.com/cardholderservices/atm/
The import and export of both domestic and foreign currency is unlimited. General banking hours in most areas are from 0830 to 1300 and 1430 to 1600 Mondays to Wednesdays and Fridays, and from 0830 to 1300 and 1430 to 1800 on Thursdays – larger banks may have different or longer opening hours. All shops are allowed any opening times between 0600 and 2000 on weekdays and 0600 to 1600 Saturdays, with most shops shutting their doors on Sundays. Formal suits are expected of business meetings along with normal customs and politeness – punctuality is expected and always using both “Guten Tag” and “Auf Wiedersehen” will avoid causing any offence. English is widely spoken in business circles, but a knowledge of German would be a great help. It is customary to tip taxi drivers, waiters, hairdressers etc. ten percent.
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