SWIFT Code GENODEF1GWE — RAIFFEISENBANK GOESSWEINSTEIN-OBERTRUBACH-BIE, GOESSWEINSTEIN

About SWIFT Code GENODEF1GWE — RAIFFEISENBANK GOESSWEINSTEIN-OBERTRUBACH-BIE, GOESSWEINSTEIN

SWIFT code GENODEF1GWE is the official 11-character branch-specific BIC (Bank Identifier Code) for RAIFFEISENBANK GOESSWEINSTEIN-OBERTRUBACH-BIE in GOESSWEINSTEIN, 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 GOESSWEINSTEIN-OBERTRUBACH-BIE for all outward international remittances from GOESSWEINSTEIN. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code GENODEF1GWE

The code GENODEF1GWE follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code GENODEF1GWE

Receiving International Wire Transfers

To receive money from abroad at your RAIFFEISENBANK GOESSWEINSTEIN-OBERTRUBACH-BIE account in GOESSWEINSTEIN, share SWIFT code GENODEF1GWE 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 GOESSWEINSTEIN-OBERTRUBACH-BIE, GOESSWEINSTEIN must provide SWIFT code GENODEF1GWE. 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 GOESSWEINSTEIN-OBERTRUBACH-BIE in GOESSWEINSTEIN rely on SWIFT code GENODEF1GWE 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 GOESSWEINSTEIN-OBERTRUBACH-BIE →

For cheque clearing or NACH mandates, use the MICR code for RAIFFEISENBANK GOESSWEINSTEIN-OBERTRUBACH-BIE →

For TDS challan deposits, find the BSR code for RAIFFEISENBANK GOESSWEINSTEIN-OBERTRUBACH-BIE →

How SWIFT Code GENODEF1GWE Routes an International Transfer

1. Initiation: The sender provides SWIFT code GENODEF1GWE 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 GOESSWEINSTEIN-OBERTRUBACH-BIE.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: RAIFFEISENBANK GOESSWEINSTEIN-OBERTRUBACH-BIE receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code GENODEF1GWE

• Spaces or lowercase letters — Always enter GENODEF1GWE uppercase with no spaces.
• Using the wrong city — This code is for GOESSWEINSTEIN 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 GENODEF1GWE directly with RAIFFEISENBANK GOESSWEINSTEIN-OBERTRUBACH-BIE's GOESSWEINSTEIN branch or via the SWIFT BIC Directory.