SWIFT/BIC code GENODEF1ZTY
GENODEF1ZTY belongs to Volks-und Raiffeisenbank Zeitz EG in Elsteraue, Germany.
Code details
| SWIFT/BIC code | GENODEF1ZTY |
|---|---|
| 8-character code | GENODEF1 |
| Branch code | ZTY |
| Bank | Volks-und Raiffeisenbank Zeitz EG |
| Branch | — |
| City | Elsteraue |
| Country | Germany |
The way the Volks-und Raiffeisenbank Zeitz 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.
- ZTY 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 uses BIC GENODEF1ZTY?
GENODEF1ZTY identifies Volks-und Raiffeisenbank Zeitz EG, a branch or department of Volks-und Raiffeisenbank Zeitz EG in Elsteraue, Germany. Use this branch code only when the account is held at this specific branch.
What does each part of GENODEF1ZTY stand for?
GENO is the institution code of Volks-und Raiffeisenbank Zeitz EG, DE is the ISO code of Germany, F1 is the code for the city or region and ZTY is the code of the department Volks-und Raiffeisenbank Zeitz EG.
How long does a transfer to Volks-und Raiffeisenbank Zeitz EG take in Germany?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Do I need GENODEF1ZTY to send euros 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. If you send another currency you still need GENODEF1ZTY.
Can I use GENODEF1 instead of GENODEF1ZTY?
GENODEF1 is the main office of Volks-und Raiffeisenbank Zeitz EG, while GENODEF1ZTY is Volks-und Raiffeisenbank Zeitz EG. For a normal transfer the head office code is usually fine, yet use GENODEF1ZTY if the recipient asks for it.
What is the best way to send money to Volks-und Raiffeisenbank Zeitz EG?
Many banks add 1–3% to the exchange rate on top of a fee. Check the amount that arrives 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.