
Total direct debit transactions value for commercial banks in Germany 2014-2019
The total value of direct debit transactions for commercial banks in Germany decreased overall between 2014 and 2019. A commercial bank is defined as financial institution that offers a wide range of financial services to both individuals and businesses, ranging from accepting deposits to issuing loans. As of 2019, the value of direct debit transactions for commercial banks in Germany reached a total of 1.532 trillion euros.