SWIFT/BIC code GENODE51IDO
GENODE51IDO belongs to Volksbank-Raiffeisenbank Naheland EG in Idar-Oberstein, Germany.
Code details
| SWIFT/BIC code | GENODE51IDO |
|---|---|
| 8-character code | GENODE51 |
| Branch code | IDO |
| Bank | Volksbank-Raiffeisenbank Naheland EG |
| Branch | — |
| City | Idar-Oberstein |
| Country | Germany |
How the Volksbank-Raiffeisenbank Naheland EG SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- GENO Bank code
- 4 letters that identify the bank.
- DE Country code
- 2 letters for the country (ISO 3166).
- 51 Location code
- 2 characters for the city or region of the head office.
- IDO Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
What bank is behind BIC GENODE51IDO?
The code GENODE51IDO belongs to Volksbank-Raiffeisenbank Naheland EG, part of Volksbank-Raiffeisenbank Naheland EG in Idar-Oberstein, Germany. Use this branch code only when the account is held at this specific branch.
What does each part of GENODE51IDO stand for?
GENO is the institution code of Volksbank-Raiffeisenbank Naheland EG, DE is the ISO code of Germany, 51 is the code for the city or region and IDO identifies the department Volksbank-Raiffeisenbank Naheland EG.
What happens if I enter GENODE51IDO incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check GENODE51IDO with the recipient before you confirm.
What is the cheapest way to send money to Volksbank-Raiffeisenbank Naheland EG in Germany?
Many banks add several percent to the exchange rate on top of a fee. Check what you receive in Euro with transfer services before you send – the difference can be large.
How long does it take to send money to Volksbank-Raiffeisenbank Naheland EG?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Transfers in other currencies can take 2–4 business days.
Do I need GENODE51IDO to send euros to Germany?
Germany is part of the SEPA area. For euro transfers the IBAN normally suffices. If you send another currency you do need GENODE51IDO.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.