Deutsche Bank International Transfer: Fees and Rates [2024]

The Deutsche Bank International Transfer is a process of sending money from one account to another in different country within Deutsche Bank. Deutsche Bank is a global financial institution based in Frankfurt, Germany. It was founded in 1870. It has since grown to become one of the world’s largest banks, with operations in over 60 countries and a workforce of around 83,000 employees. Deutsche Bank offers a wide range of financial services, including investment banking, corporate banking, private banking, wealth management, and retail banking. It serves a diverse client base, including individuals, corporations, governments, and institutional investors. Read to know more about Deutsche Bank international transfer and its benefits.

Overview of Deutsche Bank International Transfer

Deutsche Bank is known for easy transfer of funds across borders. They supports international transfers through various channel. 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.
• Deutsche Bank International Transfer 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 making using Deutsche Bank International Transfer

Provider	Fee	Exchange Rate	Total Cost
Deutsche Bank² – OUR payment, where the sender pays all fees	€15 + €1.55 SWIFT fee + €25 flat fee for third-party expenses	Real exchange rate + markup	€41.55 + exchange rate markup
Wise	€4.58	The real exchange rate – the same one you find on Google	€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.

Deutsche Bank international transfers	Regular fees
Sending SEPA payments (EUR within EEA)	€0.60
Sending OUR payments outside EEA (paperless)	1.5% of the total amount+ €1.55 SWIFT fee+ €25 fixed fee for third-party expenses
Sending SHARE payments outside EEA	1.5% of the total amount+ €1.55 SWIFT fee+ €2.60 postage fee
Receiving SEPA payments	Free
Receiving BEN or SHARE transfer – up to €2,500	€5.50
Receiving BEN or SHARE transfer – between €2,500 and €12,500	€10
Receiving BEN or SHARE transfer – €12,500+	1% of the total amount (max. fee of €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 on Deutsche Bank International Transfer