Simple explanation
German bank accounts commonly use an IBAN. Bank transfers, standing orders and SEPA direct debits are widely used for rent, insurance, utilities and other regular payments.
Check account statements regularly and keep important payment records. Never share online-banking passwords, PINs or TAN codes with another person.
Information & Education Only. This Knowledge Centre provides general educational guidance. Where rules or requirements can change, always check the current information from the responsible authority or institution.
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