Foreign Transfer

The feature „Foreign Country/Foreign Currency“ allows you to make transfers that comply with one of the following conditions:

  • The currency of the transfer is not „Euro“.
  • The transfer is made to countries, which are not included in the European Union (EU) or the European Monetary Union (EMU). In case of Switzerland and Monaco SEPA transfers can also be used. You find a more precise overview of the countries within the SEPA area here.
  • An IBAN of the recipient is not available.
  • Fees are not shared, which means that customer or recipient have to pay the fees and costs involved of the other financial institution.

To initiate a foreign transfer, please select „Foreign Country/Foreign Currency“ in the transfer screen.

The following input fields are available for Foreign Country/Foreign Currency transfers:

Ordering party account (From)

Select one of your accounts that have access to the online banking for the transfer.

Country of destination

Please select the desired currency for your transfer.

Currency

Please select the desired currency for your transfer.

If you choose a country of destination within the SEPA area und Euro as a currency, you can transact your transfer as a cheaper SEPA transfer.

After entering the country of destination and the currency, you are led to the input screen of the foreign transfer.

Recipient name (To)

Enter the recipient´s name or the company name (70 letters maximum). This input field is mandatory.

Recipient address

After clicking the field, the recipient´s address can be entered. This input field is mandatory.

Account number/IBAN

Please enter the account number or the IBAN of the recipient

SWIFT/BIC

By means of the SWIFT-Code or BIC financial institutions can be clearly identified. After clicking the magnifier icon you can search for the SWIFT-Code or BIC of the receiving bank by yourself and the address of the receiving bank will be included automatically.

Amount in order currency

To make a transfer in order currency, you enter the relevant amount. If you have entered the amount in account currency, the approximate amount in order currency is also shown here.

Amount in account currency

Instead of making a transfer in order currency, you enter the relevant amount in account currency. If you have entered the amount in account currency, the approximate amount in order currency is shown automatically.

Purpose

There are 140 letters available to record the purpose of the transaction.

Fees

Please specify, how the foreign transfer fees should be shared between you and the recipient. More information on the level of fees is available here: Preis- und Leistungsverzeichnis.

Additional directive

You can enter an additional directive to the bank of the ordering party or the recipient. For example, you can add that a transaction advice shall be made to the recipient´s bank.

Information on the exchange rates are available here: Preis- und Leistungsverzeichnis.

Transactions over 12,500 Euro are subject to the reporting obligation according to the German foreign trade and payment law.

For any questions according the entry of your foreign transfer our hotline under the number 069 98 66 00 33 (Mon-Fri 8 AM – 10 PM) will be pleased to help.