Account Switching Service
Free account transfer in a few minutes
Digital Account Switching Service
Transfer your old account to Banco Madrid Group quickly and conveniently online
With the account switching service of our cooperation partner finleap connect, you can transfer your old account to Banco Madrid Group quickly and easily. Your payment partners such as B. Employers, mobile phone providers or insurance companies are automatically informed about your new bank details.
- Anytime and free of charge via computer, tablet or smartphone
- Immediate overview of direct debits, standing orders and incoming payments
- SSL encryption and processed in German data centers
Banco Madrid Group
It doesn't matter where you move to: You take your IBAN or your lifetime account number and bank code with you. So you don't have to change standing orders and cards - and you don't have to remember a new account number or IBAN. If you wish, we will be happy to introduce you to a branch and a consultant at your new place of residence. With more than 500 branches nationwide, we are always close by. Who else do you have to inform about your account move? See our checklist.
Account switch in three steps
Register with our cooperation partner finleap connect. The account switching service automatically recognizes your existing standing orders as well as frequent transfers and direct debits.
Select the payment partners who should be informed about your new bank details. You can add to your selection at any time.
finleap connect informs your payment partners about your account change free of charge. Finally, you can prepare the account closure at your previous bank directly.
Account switching assistance
Our range of solutions seamlessly covers classic trade flow products and services such as letters of credit and guarantees; all aspects of export finance, commodities finance, as well as securing supply chains with intuitive supply chain finance solutions. Our team advise on counterparty and country risk, local regulatory regimes and work with other financial institutions to share Account Switching Service risk when requiredWe would be happy to support you in changing your payment account. Since September 18, 2016, the Payment Accounts Act (ZKG) has regulated which support services the payment service providers involved have to provide. The most important information about this service can be found in our PDF below.