A P-Konto (protected account) allows you to access a certain amount of money each month, even if your account is subject to garnishment.
In such a case, you are entitled to a monthly garnishment protection allowance of €1,499.99 (as of 07/2024).
This protected amount is made available directly to you and is not transferred to the creditor.
The conversion to a P-Konto is reported to the German credit bureau Schufa.
Important:
You are only allowed to maintain one P-Konto.
So if your business account is converted into a P-Konto, you can no longer apply for garnishment protection on a personal account.
How can I set up a P-Konto?
Fill out the required form and send it either to support@kontist.com or via the in-app chat.
We apologize that the documents are only available in German.