Wire transfer payment from Germany

[Jack Norton]

Talking around I've found that very few germans do have a Credit Card, and I also noticed that some vendors like BMT and Shareit offer bank wire transfer as a payment option for german (BMT has a field named "Deutsche Bank"!).

Anyone using one of those vendor does have a good number of german customers? since I've heard that germany is a very BIG market, seems strange that I'm selling more to Australia than Germany...

[Kai Backman]

A good thing to know is that Wire transfers inside the Euro area (where Euro is used as currency) are bound by law to cost as little as national transfers. What you need is the IBAN and BIC info for your account. Check with your bank for more information, you could start accepting wire transfers from Germany diretly.

[Jack Norton]

Ha very interesting
Thanks for the info.

[Fish-Guy]

Talking around I've found that very few germans do have a Credit Card, and I also noticed that some vendors like BMT and Shareit offer bank wire transfer as a payment option for german (BMT has a field named "Deutsche Bank"!).

Wire transfers are a good idea, however my bank charges a flat rate of $8 per transfer, so selling a $16.99 game and losing 50% immediately on bank fee's isn't viable. I do receive a lot of PayPal orders from Germany though, so they must have something to help them.