Duty of proof for cash deposits of more than 10,000 euros*

Dear Customer,
 
As of August 8, 2021, the German Federal Financial Supervisory Authority (BaFin) will require the presentation of a meaningful document as proof of origin for cash deposits of more than 10,000 euros.
In the future, we will only be able to accept cash deposits of more than 10,000 euros upon presentation of a suitable receipt showing the origin of the money.
 
According to BaFin, suitable evidence may include, in particular:

a current account statement relating to your account at another bank showing the cash withdrawal.
Cash withdrawal receipts from another bank,
Your savings book showing the cash disbursement,
Sales and invoice receipts (e.g., car sales receipts, gold sales receipts).

This is not an exhaustive list.
 
Isbank AG also accepts the proofs of origin listed below:

Proof of a time deposit with a timely receipt,
Confirmation of the repurchase value of endowment life insurance policies or similar.

Thank you for your understanding.

İŞBANK AG

 

(* for existing customers)