Change Bank Account - Bank Account in Italy - Frequently Asked Questions

Frequently Asked Questions about Bank Account Details in Italy

So that your German pension can be paid into the account in Italy of your choice. Please complete the form in full, sign it, and have the bank details confirmed by your bank.

Please provide the following information:

  • Name and address of your bank

  • IBAN

  • BIC

You can find this information on your bank statements or obtain it from your bank.

Yes. The pension can only be paid into an account that is able to receive international transfers. An IBAN and a BIC are required.

Note: The pension cannot be paid into an Italian postal savings account.

No. Pension payments cannot be transferred to an Italian postal savings account.

The pension can be paid into an account:

  • that you control exclusively, or
  • for which you have granted another person a power of attorney, or
  • that is a joint account, or

  • that belongs to another person.

Please provide the relevant information in the form.

If another person uses the account or has power of attorney for it, please enter that person's details in the "Additional Information" section.

Please provide:

  • First and last name

  • Address
  • Relationship to the pension beneficiary

The pension beneficiary must always sign the form.

Depending on the circumstances, additional persons may also need to sign.

Please refer to the instructions on the form.

Yes. Your bank must verify and confirm the account details. In addition, the bank must sign and stamp the form.

Please send the fully completed and signed Declaration Concerning Payment, together with your bank's confirmation, to:

Deutsche Post AG

Niederlassung Renten Service

13496 Berlin 

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