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Germany to End Cash Pension Payouts by Late 2025 as DRV Confirms October Transfers Under New EU Rules

Pensioners must switch to bank transfers, with a legal right to a basic account if needed.

Overview

  • Deutsche Post’s ZzV cash service will cease at the end of 2025, and from December pensions must be sent to a bank account with transfers remaining free for recipients.
  • Roughly 3,300 people still using cash pickup are being sent final reminders, and the required form for non-cash payment is available on the Rentenservice website or by phone for submission to the Berlin address.
  • Pensioners unable to open a standard account can request a Basiskonto that typically costs about five to ten euros per month, or they may designate a trusted person’s EU/SEPA account.
  • New PSD3 name‑to‑IBAN checks begin in early October for individual transfers, but the Deutsche Rentenversicherung has opted out for bulk payments so pension transfers continue even if names differ slightly.
  • Authorities label online claims of halted payments as false and note that any short interruption due to missing account details will be resolved with retroactive credit once information is provided.