Sending money to German bank...translation required

baby_frogmella

Hi

Just placed an order for an item on a german website https://www.voelkner.de (can't get item in UK or Ebay), now website is asking me to do a bank transfer to their German account. Unlike their UK counterparts, I believe many German online companies don't accept credit card payments so i believe this is a normal way to pay them...in any case website looks legit. Now on the payment processing page, it comes up with this text (which even Google translation struggles with! LOL)

Zahlungsinformationen Zahlbar an:
Re-In Retail International GmbH
Postbank Nürnberg
BLZ: 760 100 85
Kto-Nr.: 901 210 858
IBAN: DE81760100850901210858
BIC: PBNKDEFF

Als Verwendungszweck geben Sie bitte Ihre Kundennummer und die Bestellnummer an.

Could someone please translate this info, so that i can give this to my UK bank to do a SWIFT transfer? I presume "Kto-Nr" means customer reference?

Cheers

shandypants5

babelfish translates it to this.

As intended purpose you indicate please your customer number and the part number.


have a look here.

baby_frogmella

Thanks but what do BLZ, Kto-Nr, and BIC mean? In addition to IBAN (int'l bank account no.) do i have to quote all these to my uk bank?

bengal-stripe

BLZ is the (national) sorting code and Kt Nr. the (national) account number. You do not need those.
.
IBAN and BIC are the international ones, which you will need. (See how sorting code and account number are repeated in the IBAN).

“As reference, please state your customer’s number and the order Nr.”

Mind you, your bank is likely to charge you for that money transfer.

baby_frogmella

bengal-stripe wrote: »

BLZ is the (national) sorting code and Kt Nr. the (national) account number. You do not need those.
.
IBAN and BIC are the international ones, which you will need. (See how sorting code and account number are repeated in the IBAN).

“As reference, please state your customer’s number and the order Nr.”

Mind you, your bank is likely to charge you for that money transfer.

Thanks for clarifying that. Yes Nationwide will charge me 20 notes to send 26 Euros to a German bank :eek: Unfortunately i don't have many options as Voelkner have emailed me saying that they don't accept paypal or credit/debit cards for international orders

talana

As above really.
BLZ = Bankleitzahl (sortcode)
Kto Nr = Kontonummer (account number)
But you don't need them.

rb10

baby_frogmella wrote: »

Thanks for clarifying that. Yes Nationwide will charge me 20 notes to send 26 Euros to a German bank :eek:

If you have a Halifax account, it costs £9.50 if done in by phone or online.

System

Baby Frogmella, if you've got a spare moment, complain to your MP and your Euro MP. If the UK government had any spine, it would have stood up to the inefficient reckless UK banks, and decided that the EC regulations on cross-border transfers should apply to transactions in GBP. UK banks would then have had to charge the same to send (say) GBP25 from (say) Bootle to Nürnberg as they do to send GBP25 from Bootle to Liverpool, (that is, zilch, to private customers); and the UK banks would have put in place an efficient modern system for doing so, in place of the absurd heritage 'SWIFT' system of 'telegraphic' (ie, 19th century) transfers. Thanks to the EC regulations, when GBP arrive in Nürnberg, the German bank has to convert them to euro at a transparent rate, without hidden fees or 'commission'. So you would have paid just GBP25, the German bank would convert that to 26.58 euro (or whatever), and everyone would have been better off, except the lazy and inefficient UK banks.