Penta for business in Germany: Not available
- Key eligibility
- Not served. Penta no longer operates as a standalone business banking brand and is closed to new customers.
- Non resident position
- Not served. The Penta brand has been retired, so new business customers in Germany cannot open a Penta account.
- Local currency support
- Not applicable. The Penta brand previously offered a euro business account with a German IBAN but is no longer open to new customers.
- Headline monthly fee
- No current pricing. The Penta brand is closed to new business customers.
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
Does Penta serve business customers in Germany?
No. Penta was a business banking provider for small companies and the self employed in Germany, offering a euro account with a German IBAN, cards and expense tools. Following an acquisition, existing Penta customers were migrated to the acquiring company platform by the end of 2023, and the business has operated under that single brand since 2024. The Penta brand is no longer open to new customers, so a business in Germany cannot open a new Penta account. As of 4 May 2026.
Eligibility for businesses in Germany
There is no current eligibility because the Penta brand is closed to new business customers. Businesses that were Penta customers were invited to move to the acquiring company platform, where their German IBAN was retained. New applicants cannot open a Penta account. Confirm the current position before relying on it. As of 4 May 2026. Verify with the provider
What it costs locally
There is no current Penta pricing because the brand is closed to new business customers. Former Penta plans no longer apply, and any current account is provided under the acquiring company own brand and pricing. As of 4 May 2026. As of 4 May 2026
What local users report
Former Penta users in Germany were business owners and the self employed who wanted an online euro account with a German IBAN, cards and expense tools. After the brand was retired they were moved to the acquiring company platform. Businesses looking for a similar account today choose among the providers that serve Germany. As of 4 May 2026.
Questions about Penta in Germany
Is Penta available for business in Germany?
What happened to Penta?
Can a business in Germany open a new Penta account?
What can a business in Germany use instead?
Availability, fees, and eligibility change. This page was last reviewed on 4 May 2026. Confirm the current position with Penta before applying.