SWIFT Code GENODEF1INZ — RAIFFEISENBANK INZELL EG, INZELL

About SWIFT Code GENODEF1INZ — RAIFFEISENBANK INZELL EG, INZELL

SWIFT code GENODEF1INZ is the official 11-character branch-specific BIC (Bank Identifier Code) for RAIFFEISENBANK INZELL EG in INZELL, 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 INZELL EG for all outward international remittances from INZELL. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code GENODEF1INZ

The code GENODEF1INZ follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code GENODEF1INZ

Receiving International Wire Transfers

To receive money from abroad at your RAIFFEISENBANK INZELL EG account in INZELL, share SWIFT code GENODEF1INZ 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 INZELL EG, INZELL must provide SWIFT code GENODEF1INZ. 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 INZELL EG in INZELL rely on SWIFT code GENODEF1INZ 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 INZELL EG →

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

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

How SWIFT Code GENODEF1INZ Routes an International Transfer

1. Initiation: The sender provides SWIFT code GENODEF1INZ 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 INZELL EG.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: RAIFFEISENBANK INZELL EG receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code GENODEF1INZ

• Spaces or lowercase letters — Always enter GENODEF1INZ uppercase with no spaces.
• Using the wrong city — This code is for INZELL 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 GENODEF1INZ directly with RAIFFEISENBANK INZELL EG's INZELL branch or via the SWIFT BIC Directory.