SWIFT/BIC code GENODEF1RIY
GENODEF1RIY belongs to Volksbank Riesa EG in Oschatz, Germany.
Code details
| SWIFT/BIC code | GENODEF1RIY |
|---|---|
| 8-character code | GENODEF1 |
| Branch code | RIY |
| Bank | Volksbank Riesa EG |
| Branch | — |
| City | Oschatz |
| Country | Germany |
The way the Volksbank Riesa EG SWIFT/BIC is structured
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.
- RIY 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 uses BIC GENODEF1RIY?
The code GENODEF1RIY belongs to Volksbank Riesa EG, a branch or department of Volksbank Riesa EG in Oschatz, Germany. Use this branch code only when the account is held at this specific branch.
What does each part of GENODEF1RIY mean?
GENO is the bank code of Volksbank Riesa EG, DE is the ISO code of Germany, F1 is the location code and RIY identifies the department Volksbank Riesa EG.
Do I need GENODEF1RIY for a euro transfer to Germany?
Germany belongs to the SEPA area. For euro transfers the IBAN normally suffices. For other currencies you do need GENODEF1RIY.
How long does a transfer to Volksbank Riesa EG take?
SEPA payments in euros normally arrive the next business day. Payments in other currencies can take 1–3 business days.
What happens if I use GENODEF1RIY incorrectly?
The payment may be delayed, returned or charged extra fees. Always check GENODEF1RIY against the details from Volksbank Riesa EG before you confirm.
What is the cheapest way to send money to Volksbank Riesa EG?
Many banks add 1–3% to the exchange rate on top of a fee. Check what you receive in Euro with specialist providers before you send.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.