SWIFT Code GENODEF1AUB — AUGUSTA-BANK EG RAIFFEISEN-VOLKSBANK, AUGSBURG

About SWIFT Code GENODEF1AUB — AUGUSTA-BANK EG RAIFFEISEN-VOLKSBANK, AUGSBURG

SWIFT code GENODEF1AUB is the official 11-character branch-specific BIC (Bank Identifier Code) for AUGUSTA-BANK EG RAIFFEISEN-VOLKSBANK in AUGSBURG, Germany. Standardised under ISO 9362 and maintained by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), this code is used exclusively for cross-border wire transfers and is recognised by financial institutions in over 200 countries.

This code must be provided to the sender when receiving money from abroad, and is required by AUGUSTA-BANK EG RAIFFEISEN-VOLKSBANK for all outward international remittances from AUGSBURG. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code GENODEF1AUB

The code GENODEF1AUB follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code GENODEF1AUB

Receiving International Wire Transfers

To receive money from abroad at your AUGUSTA-BANK EG RAIFFEISEN-VOLKSBANK account in AUGSBURG, share SWIFT code GENODEF1AUB with the sender along with your full account number, your name as on the account, and the branch address.

NRI Remittances

Non-Resident Indians sending money to NRO/NRE accounts at AUGUSTA-BANK EG RAIFFEISEN-VOLKSBANK, AUGSBURG must provide SWIFT code GENODEF1AUB. Major remittance platforms — including Wise, Remitly, Western Union, and MoneyGram — use this code to route transfers accurately.

Trade Finance and Foreign Payments

Importers and exporters using AUGUSTA-BANK EG RAIFFEISEN-VOLKSBANK in AUGSBURG rely on SWIFT code GENODEF1AUB for letters of credit, bank guarantees, and foreign currency settlements.

SWIFT Code vs IFSC vs MICR vs BSR — Key Differences

Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for AUGUSTA-BANK EG RAIFFEISEN-VOLKSBANK →

For cheque clearing or NACH mandates, use the MICR code for AUGUSTA-BANK EG RAIFFEISEN-VOLKSBANK →

For TDS challan deposits, find the BSR code for AUGUSTA-BANK EG RAIFFEISEN-VOLKSBANK →

How SWIFT Code GENODEF1AUB Routes an International Transfer

1. Initiation: The sender provides SWIFT code GENODEF1AUB and account number to their bank.
2. Validation: The sending bank validates the BIC against the SWIFT registry.
3. Routing: An MT103 SWIFT message is transmitted through the network to AUGUSTA-BANK EG RAIFFEISEN-VOLKSBANK.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: AUGUSTA-BANK EG RAIFFEISEN-VOLKSBANK receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code GENODEF1AUB

• Spaces or lowercase letters — Always enter GENODEF1AUB uppercase with no spaces.
• Using the wrong city — This code is for AUGSBURG only.
• Truncating to 8 characters — When 11 characters are required, always use the full code.
• Using SWIFT for domestic transfers — Use the IFSC code for any transfer within Germany.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm GENODEF1AUB directly with AUGUSTA-BANK EG RAIFFEISEN-VOLKSBANK's AUGSBURG branch or via the SWIFT BIC Directory.