GENODEM1RAE
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What is the SWIFT code for VOLKSBANK RAESFELD UND ERLE EG branch?
| SWIFT code | GENODEM1RAE |
|---|---|
| SWIFT code (8 chr) | GENODEM1 |
| Bank name | VOLKSBANK RAESFELD UND ERLE EG |
| Bank address | KLUEMPERSTRASSE 11 - RAESFELD, NORDRHEIN-WESTFALEN, 46348 |
| Branch code | RAE |
| City | RAESFELD |
| Country | Germany |
Example SWIFT code format
A SWIFT code is an 8 to 11-character identifier that includes letters and numbers representing the bank, country, and location. If there are extra characters, they specify a specific branch.
GENO
Bank Code
DE
Country Code
M1
Location Code
RAE
Branch Code
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What's the difference between SWIFT codes and BIC codes?
SWIFT and BIC codes are essentially the same. Both identify banks for secure international transactions. While "SWIFT code" is widely used, "BIC" is the official term financial institutions use. Both ensure your money reaches the correct destination safely. -
Do I need a SWIFT code to send money internationally?
Yes, you'll typically need a SWIFT code to send money internationally. The SWIFT code directs your transfer to the correct bank and branch, helping to ensure your funds reach the proper destination securely and without delay. When you use Remitly, you don't need to worry about SWIFT codes, and our network includes a wide range of banks and cash pickup options. -
Do all bank branches use the same SWIFT code?
No, SWIFT codes aren’t the same for all bank branches. Each branch usually has its own unique code to make sure your money gets to the right place. Using the correct SWIFT code for the specific branch you’re sending money to is important. -
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