SWIFT Code GENODES1OTE — RAIFFEISENBANK OBERTEURINGEN EG, OBERTEURINGEN

About SWIFT Code GENODES1OTE — RAIFFEISENBANK OBERTEURINGEN EG, OBERTEURINGEN

SWIFT code GENODES1OTE is the official 11-character branch-specific BIC (Bank Identifier Code) for RAIFFEISENBANK OBERTEURINGEN EG in OBERTEURINGEN, 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 OBERTEURINGEN EG for all outward international remittances from OBERTEURINGEN. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code GENODES1OTE

The code GENODES1OTE follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code GENODES1OTE

Receiving International Wire Transfers

To receive money from abroad at your RAIFFEISENBANK OBERTEURINGEN EG account in OBERTEURINGEN, share SWIFT code GENODES1OTE 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 OBERTEURINGEN EG, OBERTEURINGEN must provide SWIFT code GENODES1OTE. 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 OBERTEURINGEN EG in OBERTEURINGEN rely on SWIFT code GENODES1OTE 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 OBERTEURINGEN EG →

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

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

How SWIFT Code GENODES1OTE Routes an International Transfer

1. Initiation: The sender provides SWIFT code GENODES1OTE 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 OBERTEURINGEN EG.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: RAIFFEISENBANK OBERTEURINGEN EG receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code GENODES1OTE

• Spaces or lowercase letters — Always enter GENODES1OTE uppercase with no spaces.
• Using the wrong city — This code is for OBERTEURINGEN 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 GENODES1OTE directly with RAIFFEISENBANK OBERTEURINGEN EG's OBERTEURINGEN branch or via the SWIFT BIC Directory.