SWIFT Code TEAMDE71 — TEAMBANK AG, NUERNBERG

About SWIFT Code TEAMDE71 — TEAMBANK AG, NUERNBERG

SWIFT code TEAMDE71 is the official 8-character head-office BIC (Bank Identifier Code) for TEAMBANK AG in NUERNBERG, 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 TEAMBANK AG for all outward international remittances from NUERNBERG. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code TEAMDE71

The code TEAMDE71 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code TEAMDE71

Receiving International Wire Transfers

To receive money from abroad at your TEAMBANK AG account in NUERNBERG, share SWIFT code TEAMDE71 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 TEAMBANK AG, NUERNBERG must provide SWIFT code TEAMDE71. 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 TEAMBANK AG in NUERNBERG rely on SWIFT code TEAMDE71 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 TEAMBANK AG →

For cheque clearing or NACH mandates, use the MICR code for TEAMBANK AG →

For TDS challan deposits, find the BSR code for TEAMBANK AG →

How SWIFT Code TEAMDE71 Routes an International Transfer

1. Initiation: The sender provides SWIFT code TEAMDE71 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 TEAMBANK AG.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: TEAMBANK AG receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code TEAMDE71

• Spaces or lowercase letters — Always enter TEAMDE71 uppercase with no spaces.
• Using the wrong city — This code is for NUERNBERG 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 TEAMDE71 directly with TEAMBANK AG's NUERNBERG branch or via the SWIFT BIC Directory.