Empfängerkontonummer
Empfängerkontonummer (EKR) is a German term that translates to "recipient account number." It is a unique identifier assigned to a bank account in Germany. The EKR is a 10-digit number that is used to facilitate direct debits and other automated payments. It is part of the German banking system's identification structure and is managed by the Bundesbank, the central bank of Germany.
The EKR is used by companies and individuals to receive payments electronically. It ensures that payments are
To use the EKR, a recipient must provide it to the payer, who then enters it into
The use of the EKR has become increasingly important with the rise of digital payments and the