SWIFT Code GENODEF1LSY — RAIFFEISENBANK STAUDEN EG, MICKHAUSEN

About SWIFT Code GENODEF1LSY — RAIFFEISENBANK STAUDEN EG, MICKHAUSEN

SWIFT code GENODEF1LSY is the official 11-character branch-specific BIC (Bank Identifier Code) for RAIFFEISENBANK STAUDEN EG in MICKHAUSEN, 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 STAUDEN EG for all outward international remittances from MICKHAUSEN. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code GENODEF1LSY

The code GENODEF1LSY follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code GENODEF1LSY

Receiving International Wire Transfers

To receive money from abroad at your RAIFFEISENBANK STAUDEN EG account in MICKHAUSEN, share SWIFT code GENODEF1LSY 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 STAUDEN EG, MICKHAUSEN must provide SWIFT code GENODEF1LSY. 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 STAUDEN EG in MICKHAUSEN rely on SWIFT code GENODEF1LSY 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 STAUDEN EG →

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

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

How SWIFT Code GENODEF1LSY Routes an International Transfer

1. Initiation: The sender provides SWIFT code GENODEF1LSY 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 STAUDEN EG.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: RAIFFEISENBANK STAUDEN EG receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code GENODEF1LSY

• Spaces or lowercase letters — Always enter GENODEF1LSY uppercase with no spaces.
• Using the wrong city — This code is for MICKHAUSEN 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 GENODEF1LSY directly with RAIFFEISENBANK STAUDEN EG's MICKHAUSEN branch or via the SWIFT BIC Directory.