Most international payments of 12,500 EUR or above have to be reported as per § 11 Außenwirtschaftsgesetz (AWG) and §§ 67 ff. Außenwirtschaftsverordnung (AWV) (Meldepflicht). 


This normally means that each incoming and outgoing international payment of 12,500 EUR and above needs to be reported to Bundesbank. This can be done via phone, email or the Meldeportal (German only). 


Please note that Penta is not allowed to provide any legal support to your businesses. Hence, please get in touch with your company lawyer in case of any questions