diff --git a/CRM/Bic/Parser/DE.php b/CRM/Bic/Parser/DE.php
index 8a1c7e3..2f198d9 100644
--- a/CRM/Bic/Parser/DE.php
+++ b/CRM/Bic/Parser/DE.php
@@ -25,69 +25,63 @@
  */
 class CRM_Bic_Parser_DE extends CRM_Bic_Parser_Parser {
 
-  static $page_url = 'https://www.bundesbank.de/resource/blob/602630/1b5138f22cc648106b16a29ecc3117c1/mL/blz-aktuell-xls-data.xlsx';
-
-  static $country_code = 'DE';
-
-  public function update() {
-    // First, download the file
-    $file_name = sys_get_temp_dir() . '/DE-banks.xlsx';
-    $downloaded_file = $this->downloadFile(CRM_Bic_Parser_DE::$page_url);
-
-    if (empty($downloaded_file)) {
-      return $this->createParserOutdatedError(ts("Couldn't download data file"));
+    static $page_url = 'https://www.bundesbank.de/resource/blob/926192/07561adcd024c5752c46afa317d554af/mL/blz-aktuell-csv-data.csv';
+
+    static $country_code = 'DE';
+
+    public function update()
+    {
+        // First, download the file
+        $file_name = sys_get_temp_dir() . '/DE-banks.csv';
+        $downloaded_file = $this->downloadFile(CRM_Bic_Parser_DE::$page_url);
+
+        if (empty($downloaded_file)) {
+            return $this->createParserOutdatedError(ts("Couldn't download data file"));
+        }
+
+        // store file
+        file_put_contents($file_name, $downloaded_file);
+        unset($downloaded_file);
+
+        // Open and read CSV file
+        if (($handle = fopen($file_name, "r")) === false) {
+            return $this->createParserOutdatedError(ts("Couldn't open data file"));
+        }
+
+        // Skip header row
+        fgetcsv($handle, 1000, ';');
+
+        $banks = [];
+        while (($data = fgetcsv($handle, 1000, ';')) !== false) {
+            // skip entries with no bic
+            if (empty($data[7])) continue;
+            if ($data[1] != 1) continue;
+
+            // Process row
+            $bank = array(
+                'value' => $data[0],
+                'name' => $data[7],
+                'label' => $data[5],
+                'description' => $data[3] . ' ' . $data[4]
+            );
+            $banks[] = $bank;
+        }
+
+        fclose($handle);
+        unlink($file_name);
+
+        // Finally, update DB
+        return $this->updateEntries(CRM_Bic_Parser_DE::$country_code, $banks);
     }
 
-    // store file
-    file_put_contents($file_name, $downloaded_file);
-    unset($downloaded_file);
-
-    // Automatically detect the correct reader to load for this file type
-    $excel_reader = \PhpOffice\PhpSpreadsheet\IOFactory::createReaderForFile($file_name);
-
-    // Set reader options
-    $excel_reader->setReadDataOnly(true);
-    $excel_reader->setLoadSheetsOnly(["Daten"]);
-
-    // Read Excel file
-    $excel_object = $excel_reader->load($file_name);
-    $excel_rows = $excel_object->getActiveSheet()->toArray();
-
-    // Process Excel data
-    //$skip_lines = 1;
-    $banks[] = array();
-    foreach($excel_rows as $excel_row) {
-      // skip entries with no bic
-      if (empty($excel_row[7])) continue;
-      if ($excel_row[1] != 1) continue;
-
-      // Process row
-      $bank = array(
-        'value' => $excel_row[0],
-        'name' => $excel_row[7],
-        'label' => $excel_row[5],
-        'description' => $excel_row[3] . ' ' . $excel_row[4]
-      );
-      $banks[] = $bank;
+    /*
+     * Extracts the National Bank Identifier from an IBAN.
+     */
+    public function extractNBIDfromIBAN($iban)
+    {
+        return array(
+            substr($iban, 4, 8),
+        );
     }
 
-    // clean up before importing
-    unset($excel_rows);
-    unset($excel_object);
-    unset($excel_reader);
-    unlink($file_name);
-
-    // Finally, update DB
-    return $this->updateEntries(CRM_Bic_Parser_DE::$country_code, $banks);
-  }
-
-  /*
-   * Extracts the National Bank Identifier from an IBAN.
-   */
-  public function extractNBIDfromIBAN($iban) {
-    return array(
-      substr($iban, 4, 8),
-    );
-  }
-
 }