What is a Pfändungsschutzkonto (P-Konto)?

A Pfändungsschutzkonto (P-Konto) is a special type of bank account. It lets you access some of your money, even when your bank account is frozen.1 That gives you enough money to buy food and pay your bills.2 You can convert your bank account to a P-Konto for free.2

Sources and footnotes
  1. support.n26.com, auslandsueberweisung-guenstig.de 

  2. verbraucherzentrale.de