Parallelodontids, as typical bivalves of the shelf facies, have been successfully diversified since the Middle Devonian. During the second radiation of the family in the latest Devonian (Strunian regional stage) and early Carboniferous, the shelf areas yielded highly diverse parallelodontids, but they also invaded the deeper basins of the northwesternmost Palaeotethys, particularly the Rhenohercynian Basin. Here, we provide a comprehensive description and comparison of the parallelodontids of the deeper marine environments in the Mississippian across Europe. In addition to the already known species Parallelodon semicostatus (McCoy, 1844), P. tenuistria (McCoy, 1844), and P. geinitzi De Koninck, 1885, the species P. beneckei (Tornquist, 1896) and P. decheni (von Koenen, 1879) are revived after years of disuse. ‘Byssoarca lanceolata’, a distorted fragment described by McCoy in 1844 from Irish mudstones, is considered as nomen dubium. Additional taxa mentioned in the literature complete the diversity of parallelodontids of the Carboniferous Kulm Basin and adjacent basinal settings. Parallelodon decheni proves to be the most characteristic parallelodontid in the Kulm Basin. In addition, material from the Strunian of Germany, here described as Parallelodon pauli n. sp., is available to infer the development of the Kulm parallelodontids from the external shelf areas of the latest Devonian. The diversity of parallelodontids in basinal settings is surprisingly high despite the atypical habitat of Palaeozoic arcoids. Morphological similarities between the species, which would indicate a similar habitat, could not be identified.