einmalüberweisung

Einmalüberweisung is a German term that translates to "one-time bank transfer." It refers to a single transaction made from one bank account to another. Unlike recurring payments such as standing orders or direct debits, a einmalüberweisung is initiated manually for a specific amount and purpose, and it does not repeat automatically.

This type of transfer is commonly used for various financial activities, including paying bills, making a purchase from a seller who does not offer recurring payment options, sending a gift, or transferring funds between personal accounts. The process typically involves providing the sender's and recipient's bank details, the amount to be transferred, and a reference number or purpose for the payment.

In Germany, a einmalüberweisung can be performed through various channels, including online banking portals, mobile banking apps, at a bank branch, or via a payment terminal. The processing time can vary depending on the banks involved and the time of day the transfer is initiated, but it is generally completed within one to two business days. For urgent transfers, some banks offer expedited options, often for an additional fee. The SEPA (Single Euro Payments Area) system has standardized many of these transfers within Europe, making cross-border one-time payments more efficient.