IBAN, SEPA transfers and building Schufa history

Germany uses the IBAN/SEPA system for all bank transfers. Your Schufa credit record starts blank when you arrive — it grows with each credit-reported contract (mobile, broadband, bank account).

Key points to understand

SEPA transfers within Germany and the EU: free and settle within one business day

SEPA transfers within Germany and the EU: free and settle within one business day. In practice, this is one of the details newcomers most often ask about, so take a moment to understand how it applies to your situation before moving on.

Your Schufa score is requested by landlords, mobile operators, and some banks — maintain it by paying bills on time

Your Schufa score is requested by landlords, mobile operators, and some banks — maintain it by paying bills on time. In practice, this is one of the details newcomers most often ask about, so take a moment to understand how it applies to your situation before moving on.

Instalment purchases and credit cards build Schufa history; avoid missed payments and too many simultaneous credit enquiries

Instalment purchases and credit cards build Schufa history; avoid missed payments and too many simultaneous credit enquiries. In practice, this is one of the details newcomers most often ask about, so take a moment to understand how it applies to your situation before moving on.

Practical tips

• Prepare your documents and translations in advance — most delays come from missing paperwork.
• Always note the office name, address, and a contact number before you go.
• Ask the community on MyHAbroad if you’re unsure — chances are someone has already been through it.