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Other transfers (abroad) and cross-border transfers

Our services Account & card Account for health care professionals Other transfers abroad back to the overview

In the course of globalization, foreign payment transactions - i.e. other transfers abroad - are gaining in importance. With apoBank you are also doing well internationally.

Here are your advantages
  • Perfectly networked worldwide thanks to our partner
  • Transfer up to 12,500 euros in all common currencies (higher payments must be registered with the Deutsche Bundesbank)
  • Variety of payment options (online, check, receipt)
  • Fast processing
  • Low cost

Observe national regulations


What are the special features of payment transactions to other countries?
For transfers to Australia, the full address of the client to be named. PO Box numbers are not allowed and will result in the return of the payment.
Each account holder / payee has to enter payments from abroad on his account at his branch office in Brazil form required by law to be filled in and signed.
Credits for which no explanations are available in Brazil will be returned to the person who made the payment after three months.
Payments in EUR and USD are common.
Payments in CNY:
  • not to private individuals (it must be based on a goods / service transaction)
  • The beneficiary must be a Mainland Designated Enterprise (MED)
  • only to be debited from the EUR account (WGZ does not open CNY accounts)

Payments in CNH:
  • it does not have to be based on a goods / service transaction
  • Opening of currency accounts in CNH possible in general:

    The address of the beneficiary must be unique (spelling of the name) otherwise the payments will be returned. In China, the automatic account call check already takes effect in the event of minimal deviations.

 
No checks are issued in INR (not even Swift-to-Check).

For payments to India, the full name, address and account number of the client as well as the intended use must be given in English.

Indian banks are required to report the intended use information to the Reserve Bank of India, which has subjected incoming payments to special monitoring and processing.
For payment orders in ISK to Iceland, the recipient needs an authorization from the Central Bank of Iceland. The corresponding approval number must be specified in the payment order.
According to the Jordanian central bank, a four-digit 'purpose code' in the purpose (field 70) must be provided by the ordering party for payments to Jordan.

You can download a PDF list with all available code numbers here download.

If the 'purpose code' is missing for a payment, there may be inquiries that are subject to a fee or payments may be returned.
It is recommended to always make transfers to Canada with a bank code that is composed as follows:
  • 3-digit bank code and 5-digit branch code
  • Entry in GenoPago: First always a 0 then the 3-digit bank code followed by the
  • 5-digit branch code also called transit number.

The following are the bank codes of the major Canadian banks:
  • 001 Bank of Montreal
  • 002 Scotiabank / The Bank of Nova Scotia
  • 003 Royal Bank of Canada
  • 004 The Toronto-Dominion Bank
  • 006 National Bank of Canada
  • 010 Canadian Imperial Bank of Commerce (CIBC)
For payments to Mexico, the account number must always be given in the form of CLABE (Clave Bancaria Estandarizada). The CLABE is printed on the account statements and consists of 18 characters.
Payment orders to Russia in EUR or RUB (rubles) in favor of a ruble account must contain a code word in the purpose of the order. You can tell whether the beneficiary's account is a ruble account by the fact that the account number consists of 20 digits and the numbers "810" are in the 6th - 8th position.
According to local regulatory requirements, a purpose must always be specified when making payments to Sri Lanka.

If the intended use is missing, delays and / or inquiries may occur.