SWIFT Code GENODEF1RAW — RAIFFEISENBANK WERRATAL-LANDECK EG, HERINGEN

About SWIFT Code GENODEF1RAW — RAIFFEISENBANK WERRATAL-LANDECK EG, HERINGEN

SWIFT code GENODEF1RAW is the official 11-character branch-specific BIC (Bank Identifier Code) for RAIFFEISENBANK WERRATAL-LANDECK EG in HERINGEN, 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 WERRATAL-LANDECK EG for all outward international remittances from HERINGEN. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code GENODEF1RAW

The code GENODEF1RAW follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code GENODEF1RAW

Receiving International Wire Transfers

To receive money from abroad at your RAIFFEISENBANK WERRATAL-LANDECK EG account in HERINGEN, share SWIFT code GENODEF1RAW 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 WERRATAL-LANDECK EG, HERINGEN must provide SWIFT code GENODEF1RAW. 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 WERRATAL-LANDECK EG in HERINGEN rely on SWIFT code GENODEF1RAW 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 WERRATAL-LANDECK EG →

For cheque clearing or NACH mandates, use the MICR code for RAIFFEISENBANK WERRATAL-LANDECK EG →

For TDS challan deposits, find the BSR code for RAIFFEISENBANK WERRATAL-LANDECK EG →

How SWIFT Code GENODEF1RAW Routes an International Transfer

1. Initiation: The sender provides SWIFT code GENODEF1RAW 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 WERRATAL-LANDECK EG.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: RAIFFEISENBANK WERRATAL-LANDECK EG receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code GENODEF1RAW

• Spaces or lowercase letters — Always enter GENODEF1RAW uppercase with no spaces.
• Using the wrong city — This code is for HERINGEN 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 GENODEF1RAW directly with RAIFFEISENBANK WERRATAL-LANDECK EG's HERINGEN branch or via the SWIFT BIC Directory.