As stated above, i am attempting to purchase and pay for goods from a German on-line shop, which accepts payments through a direct debit system called "Bankeinzug".
Does anyone know if it is possible to process payment from an Irish current account by the above method, and using IBAN/BIC details?
I am with AIB.
The fields I don't understand in the on-line form are 1) Kontonummer: 2) Bankleitzahl: which are obligatory. Also obligatory Name of Bank.
There are also two non-obligatory fields for IBAN and BIC.
Will this work, or is it strictly a German thing. (They accept orders from Ireland on the form.)
You ring AIB 24 hour and give them the IBAN details (name, iban account number , iban sort code) for the German company. They create the account for you in the transfer section
You then log in and you may now transfer money to the Germans thru the online interface up to a limit of €12000 just like you would transfer from your current to your credit card for example. Its another dropdown option in the transfer menu.
You may not create the IBAN account in the interface though or else you may if you have the code card only.
I guess I'll have to contact the German retailer for their details (IBAN/BIC, etc).
I have the code-card from AIB, so it should bre easy to set up payment.
What has me puzzled, even though I have translated the on-line forms which are required to be filled in as above, is that the German retailer is lookng for my banking details, as if they would actually take payment from my bank account, by direct debit.
It(Bankeinzug) appears to be a common payment system in Germany ??
an IBAN payment thru AIB costs 50c or 75c . It appears on your quarterly charges.
in Germany its a criminal offence to overdraw, they simply do not like credit cards at all (they have feck all compared to us) and prefer cash transactions . Paypal is huge in Germany so dunno.