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Important Note: Transfers to the City of Schwerte
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Since October 2025, banks and savings banks have carried out an automatic reconciliation between the given recipient name and the associated IBAN in the case of credit transfers. This new EU requirement serves to increase the security of payments and is intended to better protect against fraud. In the course of this change, the city of Schwerte points out that in the future, all credit transfers will only have to include "city swords" as the rec…
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