The Deutsche Bank International Transfer is a process of sending money from one account to another in different countries within Deutsche Bank or another bank. Deutsche Bank is a global financial institution based in Frankfurt, Germany. Deutsche Bank offers a wide range of financial services like investment banking, corporate banking, private banking, wealth management etc. Read to know more about Deutsche Bank international transfer and its benefits.
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Overview of Deutsche Bank International Transfer
Deutsche Bank is known for the easy transfer of funds across borders. They support international transfers through various channels. Deutsche Bank offers various channels and methods for international transfers such as online platforms, Mobile Banking Apps, or In-Person Services. Here is a brief overview of Deutsche Bank:
| Bank Name | Deutsche Bank |
| Bank Type | Public |
| Established | 1870 |
| Headquarters | Germany |
Benefits of Deutsche Bank International Transfer
There are several benefits to using Deutsche Bank for international transfers, including
- Deutsche Bank has a global presence and operates in over 60 countries, which means it can facilitate transfers to a wide range of destinations.
- Deutsche Bank has a sophisticated payment processing system that can facilitate fast and efficient international transfers.
- International Transfer from this bank offers competitive exchange rates for international transfers, which can help you get the most value for your money.
- Deutsche Bank uses advanced security measures to protect its customers’ transactions and personal information.
- Deutsche Bank offers a range of payment options for international transfers, including online banking, mobile banking, and in-branch transfers.
- Deutsche Bank has a dedicated customer support team that can provide assistance and guidance throughout the transfer process.
Money Comparison
Let’s compare the costs of using Deutsche Bank International Transfer
| Provider | Fee | Exchange Rate | Total Cost |
| Deutsche Bank² – OUR payment, where the sender pays all fees | EUR 15 + EUR 1.55 SWIFT fee + EUR 25 flat fee for third-party expenses | Real exchange rate + markup | EUR 41.55 + exchange rate markup |
| Wise | EUR 4.58 | The real exchange rate – the same one you find on Google | EUR 4.58 |
Fees for Deutsche Bank International Transfer
You can choose who bears the charges when you send money abroad using Deutsche International Transfer. The fees are often split between the sender and the receiver, but you have the option of paying them entirely.
| Services | Regular fees |
| Sending SEPA payments (EUR within EEA) | EUR 0.60 |
| Sending OUR payments outside EEA (paperless) | 1.5% of the total amount + EUR 1.55 SWIFT fee+ EUR 25 fixed fee for third-party expenses |
| Sending SHARE payments outside EEA | 1.5% of the total amount + EUR 1.55 SWIFT fee+ EUR 2.60 postage fee |
| Receiving SEPA payments | Free |
| Receiving BEN or SHARE transfer – up to EUR 2,500 | 1.5% of the total amount EUR 1.55 SWIFT fee + EUR 2.60 postage fee |
| Receiving BEN or SHARE transfer – between EUR 2,500 and EUR 12,500 | EUR 10 |
| Receiving BEN or SHARE transfer – EUR 12,500+ | 1% of the total amount (max. fee of EUR 95) |
Deutsche Bank Exchange Rate
Deutsche Bank Transfers offers exchange rates for a wide range of currencies, which may fluctuate based on a variety of factors such as market conditions, geopolitical events, and economic trends.
How to make an international bank transfer from Deutsche Bank
To make an international Transfer using Deutsche Bank, you will need to follow these steps:
- Log in to your Deutsche Bank online banking account or visit a Deutsche Bank branch to initiate the transfer.
- Provide the recipient’s name, address, and bank account details, including their IBAN or SWIFT/BIC code.
- Enter the amount you wish to transfer and choose the currency.
- Review the transfer details, including any fees and exchange rates, and confirm the transaction.
- Ensure that you have sufficient funds in your account to cover the transfer amount and any fees.
- After initiating the transfer, Deutsche Bank will process the transaction and send the funds to the recipient’s bank account.
Information Required to Make an International Bank Transfer
The information required to make International Transfer using Deutsche Bank is given below:
| SEPA transactions require the following: | The precise information you require for non-SEPA transfers may change based on the beneficiary’s country. To be safe, make certain you have: |
| The name or business of the beneficiary IBAN of the beneficiary. | The beneficiary’s and the bank’s names and addresses The SWIFT/BIC code for the bank IBAN, account number, or any other regional identification symbol or number belonging to the beneficiary. |
Information Required to Receive an International Bank Transfer
You must provide the same information to the sender in order to receive funds overseas into your Deutsche Bank account:
- your IBAN figure
- SWIFT/BIC code for your bank
- Names and addresses of you
- Address of Deutsche Bank
Contacts Details
- Call the general enquiries line on (069) 910-100 00
- Pop into your local DB branch
- Send an email message from the Deutsche Bank website.
FAQs
A Deutsche Bank International Transfer is a method of transferring funds from one bank account to another bank account located in a different country via Deutsche Bank.
You will need to provide the recipient’s name, address, and account number, as well as the bank’s SWIFT code and the relevant bank branch information.
The time it takes for an international wire transfer with Deutsche Bank can vary depending on several factors, including the destination country, the receiving bank, and any intermediary banks involved in the transfer. Generally, transfers can take anywhere from 1-5 business days.
Deutsche Bank is one of the best banks for international students as it provides multiple banking services like student accounts, Forex cards, currency exchange etc.
Yes, international money transfer service from this bank is good and you can remit the money quickly at affordable charges.
To know more about education loans, the best bank accounts for students, forex and banking experience for global students or international money transfers, reach out to our experts at 1800572126 to help ease your study abroad experience.
Hi, I am Joe how much is IBAN fee with Deutsche Bank
Hi Joe
It seems you are looking for Deutsche Bank international money transfer fees. The international transfer fee charged by the bank may vary between EUR 15-17. However, this may vary depending upon the bank’s internal policy and market fluctuations. For more details and easy finance solutions, reach out to our experts at 1800572126 to help ease your education loan and other services.