SWIFT Code GENODEF1HSB — RAIFFEISENBANK HERSBRUCK EG, HERSBRUCK

About SWIFT Code GENODEF1HSB — RAIFFEISENBANK HERSBRUCK EG, HERSBRUCK

SWIFT code GENODEF1HSB is the official 11-character branch-specific BIC (Bank Identifier Code) for RAIFFEISENBANK HERSBRUCK EG in HERSBRUCK, 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 HERSBRUCK EG for all outward international remittances from HERSBRUCK. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code GENODEF1HSB

The code GENODEF1HSB follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code GENODEF1HSB

Receiving International Wire Transfers

To receive money from abroad at your RAIFFEISENBANK HERSBRUCK EG account in HERSBRUCK, share SWIFT code GENODEF1HSB 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 HERSBRUCK EG, HERSBRUCK must provide SWIFT code GENODEF1HSB. 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 HERSBRUCK EG in HERSBRUCK rely on SWIFT code GENODEF1HSB 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 HERSBRUCK EG →

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

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

How SWIFT Code GENODEF1HSB Routes an International Transfer

1. Initiation: The sender provides SWIFT code GENODEF1HSB 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 HERSBRUCK EG.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: RAIFFEISENBANK HERSBRUCK EG receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code GENODEF1HSB

• Spaces or lowercase letters — Always enter GENODEF1HSB uppercase with no spaces.
• Using the wrong city — This code is for HERSBRUCK 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 GENODEF1HSB directly with RAIFFEISENBANK HERSBRUCK EG's HERSBRUCK branch or via the SWIFT BIC Directory.