SWIFT/BIC code GENODEF1TGB
GENODEF1TGB belongs to Raiffeisenbank Torgau EG in Torgau, Germany.
Code details
| SWIFT/BIC code | GENODEF1TGB |
|---|---|
| 8-character code | GENODEF1 |
| Branch code | TGB |
| Bank | Raiffeisenbank Torgau EG |
| Branch | — |
| City | Torgau |
| Country | Germany |
How the Raiffeisenbank Torgau 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.
- TGB 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 bank uses SWIFT/BIC code GENODEF1TGB?
The code GENODEF1TGB belongs to Raiffeisenbank Torgau EG, part of Raiffeisenbank Torgau EG in Torgau, Germany. Use this branch code only when the recipient or their bank explicitly asks for it.
What happens if I use GENODEF1TGB with a typo?
The payment may be delayed, returned or charged extra fees. Always check GENODEF1TGB with the recipient before you confirm.
What is the best way to send money to Raiffeisenbank Torgau EG in Germany?
Many banks add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Euro with specialist providers before you send.
Can I use GENODEF1 instead of GENODEF1TGB?
GENODEF1 points to the head office of Raiffeisenbank Torgau EG, while GENODEF1TGB is Raiffeisenbank Torgau EG. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention GENODEF1TGB.
Do I need GENODEF1TGB to send euros to Germany?
Germany is part of the SEPA area. When you send euros the IBAN is usually enough. If you send another currency you do need GENODEF1TGB.
How long does it take to send money to Raiffeisenbank Torgau EG?
Euro transfers within SEPA normally arrive the next business day. Payments in other currencies can take 1–3 business days.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.