Wire transfer is the fastest mode of receiving money in your Bayerische Landesbank (Germany) account from abroad. You can receive money into your Bayerische Landesbank account from a foreign country via International wire transfer. The transaction is initiated by the sender through a financial institution, however, you need to provide your banking details to the sender for successful transfer of money.

International Wire Transfer to Bayerische Landesbank

International wire transfer is one of the fastest way to receive money from foreign countries. Banks use SWIFT network for exchanging messages required for performing international wire transfer. Usually, the receiving bank (in Germany) and the sending bank (in other country) need to have a direct arrangement in place to start the swift transfer – this is sometimes referred to as correspondent banking.

Incoming International Wire Transfer Instructions

To receive international wire transfer in your Bayerische Landesbank account, please provide the following wire instructions to the sending financial institution:

Bank Name:	Bayerische Landesbank Germany
SWIFT BIC Code for Bayerische Landesbank:	For Bayerische Landesbank, this code is BYLADEMMXXX
Bank Address:	Your complete bank branch address
Beneficiary Account Number:	Your complete Bayerische Landesbank account number (including leading zeros, if any)
Beneficiary Name:	The full name of your account as it appears on your statement
Beneficiary Address:	Your complete address

Note of Caution on Fees: If your money transfer involves currency conversion, there is a high chance you will get a poor exchange rate from the banks and as a result pay high hidden fees. We recommend services like TransferWise for getting best conversion rates and lower wire transfer fees.

Outgoing International Wire Transfer Instructions

To send international wire transfer from your Bayerische Landesbank account, You need to know the following information about the person or company receiving the money:

1. The recipient’s account name and address
2. The recipient’s IBAN or account number
3. The name and address of recipient’s bank – including the BIC (Business Identifier Code) / SWIFT code / clearing code

Incoming Wire Transfer Fees for Bayerische Landesbank Germany

International Incoming Wire Transfer Fees for Bayerische Landesbank is as follows:

Inward Payments	Cost
Up to EUR 5000	EUR 5 per transaction
EUR 5001 to EUR 12500	EUR 8 per transaction
Above EUR 12500	0.10% max. EUR 100 per transaction

Outgoing Wire Transfer Fees for Bayerische Landesbank Germany

International Outgoing Wire Transfer Fees for Bayerische Landesbank is as follows:

Outward Payment	Cost
If payment is to be effected free of charge to the beneficiary	EUR 15 plus charges of the beneficiary’s bank

Apart from the wire transfer fees, if the transfer involves currency conversion, banks make money on currency conversion as well by giving retail conversion rates to you which is usually 1-2% lower than the market rate. We recommend using services like TransferWise for getting best conversion rates with lower wire transfer fees.

Wire Transfer Cutoff Time for Bayerische Landesbank Germany

1. The Cut-off Times for Wire Transfer for Bayerische Landesbank is 3:30 pm.
2. Any requests received after cutoff time will normally be processed the next working day.