SWIFT/BIC code GENODEF1PY5
GENODEF1PY5 belongs to Psd Rhein-Ruhr EG in Essen, Germany.
Code details
| SWIFT/BIC code | GENODEF1PY5 |
|---|---|
| 8-character code | GENODEF1 |
| Branch code | PY5 |
| Bank | Psd Rhein-Ruhr EG |
| Branch | — |
| City | Essen |
| Country | Germany |
The way the Psd Rhein-Ruhr 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).
- F1 Location code
- 2 characters for the city or region of the head office.
- PY5 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
Which branch is behind BIC GENODEF1PY5?
The code GENODEF1PY5 belongs to Psd Rhein-Ruhr EG, a branch or department of Psd Rhein-Ruhr EG in Essen, Germany. Only use it if the recipient or their bank explicitly asks for it.
Do I need GENODEF1PY5 for a euro transfer to Germany?
Germany is part of the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you do need GENODEF1PY5.
How long does a transfer to Psd Rhein-Ruhr EG take in Germany?
SEPA payments in euros usually arrive within one business day. Transfers in other currencies can take 2–4 business days.
What happens if I use GENODEF1PY5 incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check GENODEF1PY5 with the recipient before sending.
Can I use GENODEF1 instead of GENODEF1PY5?
GENODEF1 is the head office of Psd Rhein-Ruhr EG, while GENODEF1PY5 is Psd Rhein-Ruhr EG. For a normal transfer the head office code is usually fine, yet use GENODEF1PY5 if the recipient asks for it.
What does each part of GENODEF1PY5 mean?
GENO is the institution code of Psd Rhein-Ruhr EG, DE is the ISO code of Germany, F1 is the code for the city or region and PY5 is the code of the department Psd Rhein-Ruhr EG.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.