Payment options for tuition fees
Students based in Germany and the rest of the EU pay by SEPA bank transfer. If you are paying from outside the EU, we recommend using Flywire.
Traditional bank transfer
For students from Germany and other EU countries, a bank transfer is the usual route. You will receive an invoice from the Student Service Center stating the amount and the payment deadline; please transfer the amount to the account below by that date.
- Beneficiary
- bbw Akademie für Betriebswirtschaftliche Weiterbildung GmbH
- Bank
- Deutsche Kreditbank AG (DKB)
- IBAN
- DE20 1203 0000 0019 1193 46
- BIC
- BYLADEM1001
Always add the payment reference
So that your payment can be matched to your account, copy the reference details from your invoice into the reference line of the transfer – your full name and your matriculation number. Without them the incoming payment has to be traced by hand, which delays processing.
Flywire – recommended for international payments
International transfers are often expensive and hard to follow: intermediary banks deduct fees, the exchange rate is only confirmed after the fact, and the amount that arrives is not the amount you sent. For students paying from non-EU countries, bbw Hochschule therefore works with Flywire.
Through Flywire you pay in your local currency using payment methods that are common in your home country. Fees and the exchange rate are shown before you confirm the payment, and the university receives exactly the invoiced amount in euros.
This link takes you to the Flywire payment portal, where the provider’s own privacy policy applies.
How Flywire works
Setting up the payment takes a few minutes. How long the money then takes to arrive depends on the method you choose – usually between one and several working days.
-
1
Open the portal
Go to the bbw Hochschule Flywire portal and select what you are paying for. -
2
Enter country and amount
Provide your home country and the amount shown on your invoice. -
3
Compare payment methods
Flywire lists the available options with their respective costs. Pick the one that suits you. -
4
Enter your details
Add your personal information and payment details. -
5
Receive your instructions
You will be given step-by-step instructions on how and where to send the money. -
6
Make the payment
Complete the payment as instructed – online or at your bank, depending on the method. -
7
Track and confirm
Follow your payment online and receive confirmation once it has arrived.
What Flywire gives you
Cost
The process is fast and usually cheaper than a conventional international transfer routed through several correspondent banks.
Ease of use
Payments are encrypted and the whole process works on a mobile phone.
Control
You can see where your payment is in real time, without having to call your bank.
Transparency
Fees and the exchange rate are fixed before you pay. Nothing is deducted along the way.
Payment options
Besides bank transfer, you can use local payment methods that are familiar from your home country.
Exchange rate
The rate is held for the duration of the transaction, so individual banks cannot add inflated margins.
Questions about your invoice?
Payment deadlines, instalments, or a payment that could not be matched – the Student Service Center will sort it out with you. Please have your invoice and matriculation number to hand.
Still working out how to fund your studies?
BAföG, student loans and scholarships are covered on a page of their own.