SWIFT Code GENODEF1ASU — RAIFFEISENBANK ASCHAU-SAMERBERG EG, ASCHAU IM CHIEMGAU

About SWIFT Code GENODEF1ASU — RAIFFEISENBANK ASCHAU-SAMERBERG EG, ASCHAU IM CHIEMGAU

SWIFT code GENODEF1ASU is the official 11-character branch-specific BIC (Bank Identifier Code) for RAIFFEISENBANK ASCHAU-SAMERBERG EG in ASCHAU IM CHIEMGAU, 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 RAIFFEISENBANK ASCHAU-SAMERBERG EG for all outward international remittances from ASCHAU IM CHIEMGAU. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code GENODEF1ASU

The code GENODEF1ASU follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code GENODEF1ASU

Receiving International Wire Transfers

To receive money from abroad at your RAIFFEISENBANK ASCHAU-SAMERBERG EG account in ASCHAU IM CHIEMGAU, share SWIFT code GENODEF1ASU 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 RAIFFEISENBANK ASCHAU-SAMERBERG EG, ASCHAU IM CHIEMGAU must provide SWIFT code GENODEF1ASU. 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 RAIFFEISENBANK ASCHAU-SAMERBERG EG in ASCHAU IM CHIEMGAU rely on SWIFT code GENODEF1ASU 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 RAIFFEISENBANK ASCHAU-SAMERBERG EG →

For cheque clearing or NACH mandates, use the MICR code for RAIFFEISENBANK ASCHAU-SAMERBERG EG →

For TDS challan deposits, find the BSR code for RAIFFEISENBANK ASCHAU-SAMERBERG EG →

How SWIFT Code GENODEF1ASU Routes an International Transfer

1. Initiation: The sender provides SWIFT code GENODEF1ASU 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 RAIFFEISENBANK ASCHAU-SAMERBERG EG.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: RAIFFEISENBANK ASCHAU-SAMERBERG EG receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code GENODEF1ASU

• Spaces or lowercase letters — Always enter GENODEF1ASU uppercase with no spaces.
• Using the wrong city — This code is for ASCHAU IM CHIEMGAU 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 GENODEF1ASU directly with RAIFFEISENBANK ASCHAU-SAMERBERG EG's ASCHAU IM CHIEMGAU branch or via the SWIFT BIC Directory.