General
Is my Penta business account a regular business account?
Yes, Penta offers you a regular business account with a German IBAN in partnership with Solaris SE. Penta itself does not have its own banking license. ...
Do I have my own IBAN? Does each account have an individual IBAN?
Yes, you get your own German IBAN per account. You can find your IBAN by clicking on "Accounts" on the left side of the menu in your Penta busines...
How many accounts can I open?
In principle, there is no limit. However, each account must be opened individually and go through the registration process separately. Important Note: ...
What is a BIC?
The BIC (Bank Identifier Code) is an internationally valid bank code defined by the SWIFT (Society for Worldwide Interbank Financial Telecommunication). ...
What is the BIC code of Penta ?
Penta has two different BIC codes which are provided to us by our partner bank, Solaris SE. For customers who have submitted their account opening appli...
As a customer of Penta, can I have two different BIC codes?
Basically not. Each business account at Penta including all subaccounts is assigned a unique BIC. However, there is one important exception if you own m...
Why and for what do I need a BIC?
The BIC is required if you want to make international payments. It may also be necessary to enter the BIC when making online payments for the sake of c...
What impact does the BIC have on my business banking?
The BIC is required in business transactions for international transactions. In addition, when specifying the bank details, it is customary to also spe...
I have two different corporate accounts with different BICs at Penta. What do I need to consider?
If you have opened two completely separate accounts for two different companies at Penta and the account opening request for one account was made before Apr...
Can I directly receive SWIFT payments on my Penta Account with the new BIC SOBKDEB2XXX ?
Yes, it is possible to receive SWIFT payments from abroad on your Penta account. Please note that for outgoing SWIFT payments (foreign transfers) an acc...