Licence Types Explained: Retail, OEM, Volume Licence and BIND

Updated October 15, 2026 3 min read

Retail, OEM, volume licence, BIND: behind these terms is the same Microsoft software – with different rules for activation and transfer. Here you can find out what each licence type means and which one suits you.

All licence types at a glance

RetailOEMVolume licence (MAK)BIND (account)
Available forWindowsWindowsWindows, OfficeOffice Home, Home & Business
Activationproduct keyproduct keyproduct keyredeemed in your Microsoft account
Microsoft account requirednononoyes
Transferable to a new PCyes, one device at a timeno, tied to the first devicesee belowyes, via the account
Featuresidentical – it is the same software

Retail: the flexible full version

The retail licence is the classic shop version. You activate it with the product key and may later move it to a new computer – as long as it is only ever active on one device at a time. Ideal if you plan to replace your PC in the foreseeable future. Our guide to transferring your licence shows you how.

OEM: affordable, but tied to one device

OEM licences are intended for manufacturers and PC builders. There is no difference in functionality, but after the first activation the licence belongs to that exact device. This is the right choice if you are building a new PC and plan to keep it for a long time.

Volume licence (MAK): activate directly, without an account

Volume licences come from Microsoft's programme for businesses. A MAK key (Multiple Activation Key) is activated online with Microsoft – without a Microsoft account and without a subscription. Office Standard and Professional Plus are available exclusively as volume licences. If you have questions about changing devices, our support team will help you.

BIND: linked to your Microsoft account

You redeem Office Home and Office Home & Business once in your Microsoft account. After that, the licence stays in your account permanently: you can download Office again at any time, for example after changing PCs – on a Mac too.

Which licence suits you?

  • You change devices often: Retail or BIND.
  • A new PC you plan to keep for a long time: OEM or volume licence – affordable and active immediately.
  • No Microsoft account wanted: Retail, OEM or volume licence.
  • Mac: Office Home or Home & Business (BIND), or Office Standard for Mac.

Frequently asked questions

Is an OEM or volume licence worse than Retail?

No. It is the same software with the same features and the same updates. Only the rules for activation and transfer differ.

Do any of these licences expire after a while?

No. Retail, OEM, volume licence and BIND are perpetual licences with no expiry date. Only Microsoft 365 is a subscription with a fixed term.

Will I receive an invoice?

Yes. You receive an invoice showing VAT for every order.

What should I do if activation doesn't work?

Use our activation help or write to us – we'll help you personally.

Sources and further information