Uniform European payment system
Within the SEPA (Single Euro Payment Area), all euro payments, i.e. sending money within the SEPA area, and all direct debits across Europe are carried out according to the uniform SEPA payment procedures.
Easy to use
Private customers can send money within the SEPA area 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.
Maximum flexibility – worldwide
Sending money to countries outside the SEPA zone is simple and can be done using a conventional international payment (SWIFT payment).
To do so, you will need to provide the following information:
- Surname, first name or company name and address of the payment recipient.
- Account number or International Bank Account Number (IBAN) of the payment recipient (provided by the payment recipient).
- International Bank Identifier Code (BIC) of the recipient's bank.
- Your own IBAN.
IBAN and BIC
IBAN stands for International Bank Account Number and is the internationally standardised bank account number that is used for national and international SEPA payments.
IBANs have a uniform structure internationally and comprise of a country code, a check digit and a national component, which, in Germany, comprises of the bank sort code and account number. IBAN lengths differ from country to country. They are limited to a maximum of 34 alphanumeric characters and, in Germany, always have 22 digits.
The BIC (Bank Identifier Code) is an international code that clearly identifies banks worldwide.The BIC, often also called the SWIFT Code, is used as a second identifier in addition to the IBAN when sending money within the SEPA area. The BIC comprises of eight or eleven alphanumeric characters.
When sending money within Germany or Europe, you will need to provide the recipient's IBAN. Providing the BIC is optional. Exception: The BIC still needs to be provided for money sent to Switzerland, Monaco and San Marino.
Your IBAN and BIC are specified on your statements, your online banking account and on the back of your Sparkasse debit card.
We, your Sparkasse, use cookies that are essential to providing access to our website. If you consent to the use of cookies, we will use additional, non-essential cookies in order to process information on your use of our website for analytical (e.g. to measure reach) and marketing purposes (e.g. to personalise content). As part of this, Google may also provide us with additional data. We also use cookies to assign visitors to specific target groups and provide these target groups to Google for advertising campaigns. For more detailed information about these cookies, please see our Privacy Statement. Cookie consent is optional and not required in order to use this website. To select the kind of additional cookies you are happy for us to use, please click on “Change settings”. You can also consent to the use of all additional cookies by clicking on “Agree”. You can withdraw your consent at any time or change your cookie settings by clicking on the “Change cookie settings” link at the bottom of each page. If you click on “Decline”, we will not use any additional cookies.