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Bank Transfers & Payment Processing

Eine Bethmann HAL Kundin nutzt ein Kartenlesegerät für eine kontaktlose Kartenzahlung auf einer hochwertigen Tischoberfläche und steht für digitale Bezahlprozesse, moderne Finanzdienstleistungen und bargeldlose Transaktionen.

Payment processing is part of our core business.
We tailor our services to your needs – even for complex domestic and international transactions.

Onlinebanking

SEPA Credit Transfer

Domestic and SEPA transfers, whether internal or external to the bank, are typically processed as SEPA payments.

International Money Transfer

SWIFT is a global standard for most major currencies and is typically used for transfers outside the European Economic Area.

Express Transfer

Fast transfers in euros between accounts at participating banks in the euro area can be made using express transfers.

Your payment is on its way to the recipient

Payment transactions go through several steps before they can be credited to the recipient’s account. Our modern infrastructure enables efficient in-house processing. In addition, we rely on a network of strong correspondent banks to handle more complex payments.

 

Step 1 | Customer Initiates the Transfer

"You initiate the transfer."

You can choose from the following types of transfers: 

  • SEPA transfer
  • International transfer
  • Express transfer

 

Step 2 | Internal posting at HAL

"We post the amount within our own system."
 

Step 3 | Internal value date at HAL

"The amount to be transferred has left the bank."

 

Up to this step, the processing of the transfer is under the bank’s control. To ensure the payment leaves the bank on schedule, the order must be received by the bank within its specified cutoff times (see FAQ “What do I need to know about cutoff times and transfer durations for the various transfer types?”)

 

Step 4 | Value Date for Recipient

"The amount to be transferred has been credited to the recipient’s account."

Especially for international payments, it is advisable to allow for a time buffer to account for processing times at third-party correspondent banks, weekends and holidays, as well as any internal checks.

Details

SEPA Transfer | Domestic and SEPA Transfers

Typical Use:

  • Internal Transfers: SEPA transfers can be used to settle balances between your various euro accounts at our bank. Internal SEPA transfers can be easily initiated by selecting the specific transfer type “Internal Bank Transfer.”
  • External Transfers: Standard transfers via the SEPA network from your euro account. Typically used for low-cost transfers within the European Economic Area (EEA = EU member states plus Iceland, Liechtenstein, and Norway) and several other countries.

Currencies:

  • Currency of the debiting account: Euro
  • Currency of the receiving account: Euro

Execution types:

  • SEPA transfer
  • SEPA Scheduled Transfer
  • Recurring Payment

Typical Transfer Timeframe:

  • Internal Transfers: Internal transfers are processed on the same day if they are initiated during our business hours.
  • External Transfers: SEPA transfers are typically received by the recipient bank on the same banking business day; in exceptional cases, they are received on the following banking business day. If payments are received after our cutoff times (deadline for acceptance), the processing period begins on the next banking business day. 
  • If you have any questions about our cutoff times, please contact your account manager.

 

Execution is subject to the applicable legal framework.

International Money Transfers | Transfers to Other Countries or in Foreign Currencies

Typical Use:

  • Internal Transfers: International transfers can be used to settle balances between your various euro or foreign currency accounts at our bank. Internal transfers are made by providing the usual IBAN and BIC of the destination account at our bank.
  • External Transfers: Payment transactions via the SWIFT messaging standard are a global standard for most major currencies. Typically used for transfers outside the European Economic Area.

Currencies:

  • Currency of the debiting account: Foreign currencies or euros
  • Currency of the receiving account: Foreign currencies

Execution types:

  • As soon as possible in accordance with cut-off rules (Price and Service List)
  • Scheduled transfer by posting date
  • Scheduled transfer by value date

Typical transfer duration:

  • In addition to the applicable cutoff time (deadline for acceptance), the transfer duration depends, among other factors, on the availability of the payee’s bank and the selected currency, and may take several days.
  • If you have any questions about our cutoff times, please contact your account manager.

 

Execution is subject to the applicable legal framework.

Express Transfer | The fastest possible transfers between accounts at participating banks in the eurozone

Typical Use:

  • Fastest possible transfer in euros between accounts at participating banks in the eurozone

Currencies:

  • Euro

Execution Types:

  • As soon as possible
  • Scheduled transfer

Typical Transfer Time:

  • For transfers initiated before the respective cutoff time to an account at a bank connected to the TARGET (Trans-European Automated Real-time Gross Settlement Express Transfer) system, the funds are usually available to the recipient bank on the same day.
  • Transfers to banks not connected to the TARGET system that are initiated before the cutoff time; usually reach the recipient bank on the same or the next banking day. 
  • However, express transfers are only available within the SEPA payment area. Not all countries and banks support this service.
  • If you have any questions about our cutoff times, please contact your account manager.

 

Execution is subject to the applicable legal framework.

SEPA Transfer | Domestic and SEPA Transfers

Typical Use:

  • Internal Transfers: SEPA transfers can be used to settle balances between your various euro accounts at our bank. Internal SEPA transfers can be easily initiated by selecting the specific transfer type “Internal Bank Transfer.”
  • External Transfers: Standard transfers via the SEPA network from your euro account. Typically used for low-cost transfers within the European Economic Area (EEA = EU member states plus Iceland, Liechtenstein, and Norway) and several other countries.

Currencies:

  • Currency of the debiting account: Euro
  • Currency of the receiving account: Euro

Execution types:

  • SEPA transfer
  • SEPA Scheduled Transfer
  • Recurring Payment

Typical Transfer Timeframe:

  • Internal Transfers: Internal transfers are processed on the same day if they are initiated during our business hours.
  • External Transfers: SEPA transfers are typically received by the recipient bank on the same banking business day; in exceptional cases, they are received on the following banking business day. If payments are received after our cutoff times (deadline for acceptance), the processing period begins on the next banking business day. 
  • If you have any questions about our cutoff times, please contact your account manager.

 

Execution is subject to the applicable legal framework.

International Money Transfers | Transfers to Other Countries or in Foreign Currencies

Typical Use:

  • Internal Transfers: International transfers can be used to settle balances between your various euro or foreign currency accounts at our bank. Internal transfers are made by providing the usual IBAN and BIC of the destination account at our bank.
  • External Transfers: Payment transactions via the SWIFT messaging standard are a global standard for most major currencies. Typically used for transfers outside the European Economic Area.

Currencies:

  • Currency of the debiting account: Foreign currencies or euros
  • Currency of the receiving account: Foreign currencies

Execution types:

  • As soon as possible in accordance with cut-off rules (Price and Service List)
  • Scheduled transfer by posting date
  • Scheduled transfer by value date

Typical transfer duration:

  • In addition to the applicable cutoff time (deadline for acceptance), the transfer duration depends, among other factors, on the availability of the payee’s bank and the selected currency, and may take several days.
  • If you have any questions about our cutoff times, please contact your account manager.

 

Execution is subject to the applicable legal framework.

Express Transfer | The fastest possible transfers between accounts at participating banks in the eurozone

Typical Use:

  • Fastest possible transfer in euros between accounts at participating banks in the eurozone

Currencies:

  • Euro

Execution Types:

  • As soon as possible
  • Scheduled transfer

Typical Transfer Time:

  • For transfers initiated before the respective cutoff time to an account at a bank connected to the TARGET (Trans-European Automated Real-time Gross Settlement Express Transfer) system, the funds are usually available to the recipient bank on the same day.
  • Transfers to banks not connected to the TARGET system that are initiated before the cutoff time; usually reach the recipient bank on the same or the next banking day. 
  • However, express transfers are only available within the SEPA payment area. Not all countries and banks support this service.
  • If you have any questions about our cutoff times, please contact your account manager.

 

Execution is subject to the applicable legal framework.

FAQ:

A Bethmann HAL employee is on the phone in a high-quality work environment and takes advantage of the quiet atmosphere for one-on-one consultations, business coordination, customer communication, or digital collaboration.

We're here for you!

Customer Support:
Mon–Fri, 9:00 a.m. – 5:00 p.m.

Service-Phone:
+49 (0) 69 2161-1112 or
+49 (0) 521 582-112 

Email:
online.banking@hal-privatbank.com

Blocking-Hotline HBCI / EBICS:
+49 (0) 521 582-1177