Bundesbank reporting obligation fine 30,000 euros: Companies and managing directors in the spotlight
- Patricia Lederer
- Sep 6
- 2 min read
Why the main customs office punishes violations of the reporting obligation mercilessly - How the TaxPro voluntary disclosure works 100%
Frankfurt am Main
September 6, 2025
When the Bundesbank triggers a reporting obligation fine of 30,000 euros
Anyone who ignores the €30,000 reporting penalty imposed by the Bundesbank not only risks a fine for the company but also personal liability for the managing directors . TaxPro defends you before the penalty becomes a reality.
Payments to or from abroad are not purely banking transactions – they are subject to reporting requirements under the Foreign Trade Act (AWG) .
Anyone who fails to report a transaction of more than €50,000 risks a fine of up to €30,000 .
Particularly harsh: In the case of companies, not only the company is liable – but also the managing directors personally .
What exactly does the reporting requirement mean?
Any transfer or incoming payment from abroad exceeding €50,000 must be reported.
Reporting must be submitted to the Bundesbank by the 7th calendar day of the following month at the latest .
Even if no transaction has taken place, companies must submit a false report .
Anyone who fails to do so cannot claim “ignorance” – the law explicitly provides for a fine of up to €30,000.
Liability of managing directors
The following applies to companies:
The company pays the penalty.
The managing directors are personally liable if they fail to comply with the reporting obligation.
This means that even if a company could afford the €30,000, the managing director can be prosecuted privately.
Practice risks
Banks often simply note “Reporting obligation according to AWG” on bank statements – or nothing at all.
Many entrepreneurs do not know that they have to report themselves.
Anyone who misses the deadline risks a fine – and personally ruinous consequences.
Conclusion: Only with TaxPro are you on the safe side
The Bundesbank doesn't take reporting obligations lightly. A €30,000 fine is realistic, not just theoretical. Managing directors are personally liable if the company fails to report on time.
➡️ TaxPro will defend you if you missed the notifications to the Bundesbank. With a 100% success guarantee.
➡️ Learn more about the TaxPro success guarantee: Foreign trade law at TaxPro
➡️ Even more information in the TaxPro YouTube video: Money abroad, money from abroad: The 30,000 € fine!
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