Business account without SCHUFA

No. When you open a company account without SCHUFA, no SCHUFA enquiry is made. Your data is processed solely to meet the legal requirements for identity verification. Even with a negative SCHUFA record or an existing entry, you can open an account with Vivid.

No. Opening a business account without SCHUFA creates no SCHUFA entry. It therefore has no impact on your SCHUFA score.

No. Since this is a business account without SCHUFA and without a credit check, no overdraft is offered. The account runs on a credit basis: you can only spend the money that is actually in your account. That prevents unintended negative balances — and keeps you in full control of your spending.

Together with partners, we offer financing options that are not reported to SCHUFA. You can find all details on loan applications and their impact on your credit record here.

Yes — Vivid Business offers SCHUFA-free company accounts suitable for every type of self-employment, company, start-up and organisation. In Germany, that includes the following legal forms: small traders, freelancers, e.Kfm./e.Kfr., sole proprietorships, GmbH, gGmbH, GmbH i.G., UG, gUG, UG i.G., AG, oHG, KG, KGaA, GmbH & Co. KG, UG & Co. KG, AG & Co KG, AG & Co KGaA, SE & Co KGaA, GmbH & Co oHG, AG & Co oHG, eGbR, GbR, PartG, PartG mbB, eG, SE, e.V., and foundations (excluding private holdings).

You'll find further details on accepted countries and conditions for non-profit organisations in the Help Centre.

The basic version of Vivid's online business account without SCHUFA is permanently free (Free Start for companies and Standard for the self-employed). There are no extra fees due to a SCHUFA entry or poor credit history. If you need more, you can switch to a paid plan with benefits like higher interest rates and cashback percentages. Plans start at around €6.90 per month (billed annually) and scale with the feature set.

SEPA transfers are generally free; some additional services such as SWIFT transactions may carry separate fees depending on your plan. There are no hidden costs — every fee is clearly listed in the pricing table.

No. With a Vivid business account, all core account features are available to you despite a SCHUFA entry — including SEPA transfers, cards for team members, interest products and cashback. The mobile and web app can be used in full, even though no SCHUFA check takes place at account opening.

If your company wants to open a business account despite a SCHUFA entry, you get a fully usable account for day-to-day payments.

Online registration usually takes only about 10 minutes. After successful identity verification, your account is normally activated immediately. If there are queries or missing details, you should hear from us within two working days.

Right after activation, you can create virtual cards and use them online or in stores with digital wallets. The physical card is sent by post and usually arrives within a few working days.

Yes. A business account without SCHUFA is completely legal in Germany. Banks and financial service providers are not legally required to run a SCHUFA enquiry or report a SCHUFA entry when opening an account.

'Without SCHUFA' simply means that no credit check is run through SCHUFA and no SCHUFA entry is created. All other legal requirements — in particular identity verification under the German Anti-Money Laundering Act (GwG) — remain fully in place.

A SCHUFA-free business account is therefore a regular, legally compliant company account that runs on a credit basis.