SWIFT/BIC code GENODEF1RIE
GENODEF1RIE belongs to Volksbank Riesa EG in Riesa, Germany.
Code details
| SWIFT/BIC code | GENODEF1RIE |
|---|---|
| 8-character code | GENODEF1 |
| Branch code | RIE |
| Bank | Volksbank Riesa EG |
| Branch | — |
| City | Riesa |
| Country | Germany |
How the Volksbank Riesa 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.
- RIE 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 GENODEF1RIE?
GENODEF1RIE is the SWIFT/BIC code of Volksbank Riesa EG, a branch or department of Volksbank Riesa EG in Riesa, Germany. Only use it if the recipient or their bank explicitly asks for it.
How long does it take to send money to Volksbank Riesa EG?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
Do I need GENODEF1RIE for a euro transfer to Germany?
Germany belongs to the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you still need GENODEF1RIE.
What do the letters in GENODEF1RIE mean?
GENO is the institution code of Volksbank Riesa EG, DE stands for Germany, F1 is the location code and RIE is the code of the department Volksbank Riesa EG.
Can I use GENODEF1 instead of GENODEF1RIE?
GENODEF1 is the head office of Volksbank Riesa EG, while GENODEF1RIE points to Volksbank Riesa EG. For a normal transfer the head office code is usually fine, but use GENODEF1RIE if the recipient asks for it.
What is the cheapest way to send money to Volksbank Riesa EG in Germany?
Banks often add several percent to the exchange rate on top of a fee. Check what you receive in Euro with specialist providers before you send – the difference can be large.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.