Within the SEPA (Single Euro Payment Area), all euro transfers and direct debits across Europe
are carried out according to the uniform SEPA payment procedures.
Private customers can make SEPA transfers at any time, online, at self-service kiosks and at a branch. To pay with a SEPA direct debit, all you need to do is to provide the payment recipient with a SEPA direct debit mandate.
International payments outside the SEPA zone can be simply and easily made with a classical international transfer (SWIFT payment).
When making a SEPA transfer, you will need to provide both your – the payer's – and the payment recipient's IBAN.
SEPA transfers are credited to the recipient's account within one bank day. Paper-based SEPA transfers take a day longer.
Payments of more than Euro 12,500 to or from another country have to be reported to the German Central Bank.