Cross-border payment reports
Cross-border transaction reports are used for compiling the balance of payments for the Federal Republic of Germany and the European monetary union. They provide the bodies responsible for economic and monetary policy as well as associations and enterprises with comprehensive and reliable information on Germany's external transactions.
- What do the terms “resident” and “non-resident” mean and how do these differ from the terms “German” and “foreign”?
- What does “payment” mean?
- Which cross-border transactions are exempt from reporting requirements?
- Are pure account transfers subject to reporting requirements?
- Is cash carried abroad or back into Germany subject to reporting requirements pursuant to the AWV?
- In what format are reports to be submitted?
- Is it also possible to use independently programmed submission formats?
- What must be observed when submitting a report electronically for the first time?
- How and where do I apply for a reporting number?
- What is the difference between a "reporting number" and a "company identification number"?
- Which electronic reporting forms should be used?
- When is the deadline for submitting reports?
- Is it possible to apply for an extension of the deadline or for a relaxation of reporting requirements?
- For how long should report documents be kept?
- What should be done if no report or an incorrect report is submitted?
- Is a telephone survey on travel expenditure patterns conducted on behalf of the Bundesbank?
Pursuant to section 11 of the Foreign Trade and Payments Act (Außenwirtschaftsgesetz, AWG) in conjunction with section 67 et seq of the Foreign Trade and Payments Regulation (Außenwirtschaftsverordnung, AWV), all residents in Germany – natural and legal persons whose place of habitual abode, place of residence or domicile is in the Federal Republic of Germany – have to report payments of more than €12,500 or the equivalent which they receive from non-residents or from residents for the account of non-residents (incoming payments) or make to non-residents or to residents for the account of non-residents (outgoing payments).
The reporting threshold of €12,500 does not apply when calculating the transactions to be reported on forms Z8, Z11, Z12 and Z13.