SWIFT Code GENODEF1GDB — RAIFFEISEN-VOLKSBANK EG GADEBUSCH, GADEBUSCH

About SWIFT Code GENODEF1GDB — RAIFFEISEN-VOLKSBANK EG GADEBUSCH, GADEBUSCH

SWIFT code GENODEF1GDB is the official 11-character branch-specific BIC (Bank Identifier Code) for RAIFFEISEN-VOLKSBANK EG GADEBUSCH in GADEBUSCH, 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 RAIFFEISEN-VOLKSBANK EG GADEBUSCH for all outward international remittances from GADEBUSCH. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code GENODEF1GDB

The code GENODEF1GDB follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code GENODEF1GDB

Receiving International Wire Transfers

To receive money from abroad at your RAIFFEISEN-VOLKSBANK EG GADEBUSCH account in GADEBUSCH, share SWIFT code GENODEF1GDB 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 RAIFFEISEN-VOLKSBANK EG GADEBUSCH, GADEBUSCH must provide SWIFT code GENODEF1GDB. 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 RAIFFEISEN-VOLKSBANK EG GADEBUSCH in GADEBUSCH rely on SWIFT code GENODEF1GDB 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 RAIFFEISEN-VOLKSBANK EG GADEBUSCH →

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

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

How SWIFT Code GENODEF1GDB Routes an International Transfer

1. Initiation: The sender provides SWIFT code GENODEF1GDB 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 RAIFFEISEN-VOLKSBANK EG GADEBUSCH.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: RAIFFEISEN-VOLKSBANK EG GADEBUSCH receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code GENODEF1GDB

• Spaces or lowercase letters — Always enter GENODEF1GDB uppercase with no spaces.
• Using the wrong city — This code is for GADEBUSCH 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 GENODEF1GDB directly with RAIFFEISEN-VOLKSBANK EG GADEBUSCH's GADEBUSCH branch or via the SWIFT BIC Directory.