German Pension Payments to Recipients Residing Abroad
We offer the execution of international pension and annuity payments on behalf of domestic social insurance funds, private life and pension insurers as well as major corporations operating employee pension funds. Our product experts will be happy to advise you in this regard.
We guarantee strict compliance with the legal provisions regarding social security payments and ensure a cost-efficient execution of your payments.
To handle these transactions, we have agreed special terms with local cooperation partners. We guarantee that the pension payments processed by us are subject to the same routines in the recipient countries as local payment processes.
Your benefit:
- Minimised fees and charges
- Compliance with fixed payment dates is ensured
WestLB will also handle the recovery of executed payments based on documents provided by the client.