Total direct debit transactions for commercial banks in Germany 2011-2019
The total number of direct debit transactions for commercial banks in Germany increased considerably between 2011 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. The number of direct debit transactions for commercial banks in Germany reached a total of over 6.4 billions as of 2019.