The total amount of credit transfers, or wire transfers, made in Germany has changed drastically between 2000 and 2023. The increase in the use of wire transfers took place during this period, despite some significant fluctuations. In 2023, approximately 7.28 billion credit transfers were processed in the country, up from almost 5.58 billion in 2000.
Number of credit transfers in Germany from 2000 to 2023
(in millions)
All figures are provisional; The source significantly changed its database in November 2023. This may mean methodology changes, or not all EU-27 countries reporting the same figures.
Supplementary notes
The figures have been taken from several publications.
Credit transfers, or wire transfers, are a method of electronic funds transfer from one entity or person to another. This includes bank transfers, which rely on a secure system of messages (such as SWIFT) from the sending bank to the receiving bank.
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ECB. (July 25, 2024). Number of credit transfers in Germany from 2000 to 2023 (in millions) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/443055/cashless-transfer-payment-germany/
ECB. "Number of credit transfers in Germany from 2000 to 2023 (in millions)." Chart. July 25, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/443055/cashless-transfer-payment-germany/
ECB. (2024). Number of credit transfers in Germany from 2000 to 2023 (in millions). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/443055/cashless-transfer-payment-germany/
ECB. "Number of Credit Transfers in Germany from 2000 to 2023 (in Millions)." Statista, Statista Inc., 25 Jul 2024, https://www.statista.com/statistics/443055/cashless-transfer-payment-germany/
ECB, Number of credit transfers in Germany from 2000 to 2023 (in millions) Statista, https://www.statista.com/statistics/443055/cashless-transfer-payment-germany/ (last visited November 21, 2024)
Number of credit transfers in Germany from 2000 to 2023 (in millions) [Graph], ECB, July 25, 2024. [Online]. Available: https://www.statista.com/statistics/443055/cashless-transfer-payment-germany/
