SWIFT Code GENODE51COC — VEREINIGTE VOLKSBANK RAIFFEISENBANK EG, WITTLICH

About SWIFT Code GENODE51COC — VEREINIGTE VOLKSBANK RAIFFEISENBANK EG, WITTLICH

SWIFT code GENODE51COC is the official 11-character branch-specific BIC (Bank Identifier Code) for VEREINIGTE VOLKSBANK RAIFFEISENBANK EG in WITTLICH, 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 VEREINIGTE VOLKSBANK RAIFFEISENBANK EG for all outward international remittances from WITTLICH. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code GENODE51COC

The code GENODE51COC follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code GENODE51COC

Receiving International Wire Transfers

To receive money from abroad at your VEREINIGTE VOLKSBANK RAIFFEISENBANK EG account in WITTLICH, share SWIFT code GENODE51COC 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 VEREINIGTE VOLKSBANK RAIFFEISENBANK EG, WITTLICH must provide SWIFT code GENODE51COC. 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 VEREINIGTE VOLKSBANK RAIFFEISENBANK EG in WITTLICH rely on SWIFT code GENODE51COC 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 VEREINIGTE VOLKSBANK RAIFFEISENBANK EG →

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

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

How SWIFT Code GENODE51COC Routes an International Transfer

1. Initiation: The sender provides SWIFT code GENODE51COC 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 VEREINIGTE VOLKSBANK RAIFFEISENBANK EG.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: VEREINIGTE VOLKSBANK RAIFFEISENBANK EG receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code GENODE51COC

• Spaces or lowercase letters — Always enter GENODE51COC uppercase with no spaces.
• Using the wrong city — This code is for WITTLICH 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 GENODE51COC directly with VEREINIGTE VOLKSBANK RAIFFEISENBANK EG's WITTLICH branch or via the SWIFT BIC Directory.