The variable symbol, like the constant symbol, is an identifier for payment orders. It consists of a maximum of ten digits and its composition is individual.
What is the variable symbol for?
The variable symbol is an important part of payment orders, which is mainly indicated on purchase and sales documents and payment orders. It facilitates the matching of documents.
You know that the variable symbol is generally used for one-time identification, unlike, for example, the specific symbol, which has a longer validity and serves as a unique identifier of the payer.
What happens if I enter the wrong variable symbol with my payment?
The variable symbol is not mandatory to complete the payment, so it may be easy to forget to fill it in. The money will arrive in the recipient’s account even without it, so it’s best to contact the payee and track down the money together.