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Wire transfers from Spain to Germany?
Thread poster: Kim Metzger

Kim Metzger  Identity Verified
Mexico
Local time: 11:53
German to English
Jul 14, 2003

An agency located in Spain just informed me that to transfer a payment to my German bank account (Commerzbank) they need my IBAN and swift code. They already have my account number and routing number (Bankleitzahl). What should I tell them?
Thanks in advance, Kim


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Mary Worby  Identity Verified
United Kingdom
Local time: 18:53
Member
German to English
+ ...
Ask your bank! Jul 14, 2003

This is a new system in place since 1 July. Your best bet is to ask your bank in Germany. I e-mailed mine (Volksbank) and got a reply within minutes!

HTH

Mary


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Alexandra Bühler  Identity Verified
Germany
Local time: 19:53
English to German
+ ...
Bank statements Jul 14, 2003

You should find your bank\'s SWIFT (BIC) Code and your personal IBAN on your bank statements. There is a new regulation in force concerning bank transfers within the EU (which is now by the way very cheap!).
Hope that helps,
Alexandra


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Kim Metzger  Identity Verified
Mexico
Local time: 11:53
German to English
TOPIC STARTER
Thanks guys! Jul 14, 2003

Or gals, if you prefer. I just checked my latest bank statement and sure enough it's all there plain as day (except I didn't know that BIC is the same as Swift.

Muchas gracias!


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Ralf Lemster  Identity Verified
Germany
Local time: 19:53
English to German
+ ...
Much discussed recently Jul 14, 2003

Hi Kim,
What should I tell them?

Your IBAN, I would think...

This issue has been discussed at length in various forums - just enter "IBAN" and search; you'll find quite a few threads explaining what's behind IBAN and SWIFT BIC.

Info is also available on the Commerzbank website.

HTH - Ralf


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