SWIFT Code GENODED1LUH — RAIFFEISENBANK EIFELTOR EG, LUTZERATH

About SWIFT Code GENODED1LUH — RAIFFEISENBANK EIFELTOR EG, LUTZERATH

SWIFT code GENODED1LUH is the official 11-character branch-specific BIC (Bank Identifier Code) for RAIFFEISENBANK EIFELTOR EG in LUTZERATH, 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 EIFELTOR EG for all outward international remittances from LUTZERATH. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code GENODED1LUH

The code GENODED1LUH follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code GENODED1LUH

Receiving International Wire Transfers

To receive money from abroad at your RAIFFEISENBANK EIFELTOR EG account in LUTZERATH, share SWIFT code GENODED1LUH 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 EIFELTOR EG, LUTZERATH must provide SWIFT code GENODED1LUH. 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 EIFELTOR EG in LUTZERATH rely on SWIFT code GENODED1LUH 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 EIFELTOR EG →

For cheque clearing or NACH mandates, use the MICR code for RAIFFEISENBANK EIFELTOR EG →

For TDS challan deposits, find the BSR code for RAIFFEISENBANK EIFELTOR EG →

How SWIFT Code GENODED1LUH Routes an International Transfer

1. Initiation: The sender provides SWIFT code GENODED1LUH 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 EIFELTOR EG.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: RAIFFEISENBANK EIFELTOR EG receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code GENODED1LUH

• Spaces or lowercase letters — Always enter GENODED1LUH uppercase with no spaces.
• Using the wrong city — This code is for LUTZERATH 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 GENODED1LUH directly with RAIFFEISENBANK EIFELTOR EG's LUTZERATH branch or via the SWIFT BIC Directory.