Bank J. Safra Sarasin (Deutschland) AG SWIFT/BIC code

What SRRADEM1 means for a payment to Bank J. Safra Sarasin (Deutschland) AG

If an invoice shows SRRADEM1 or SRRADEM1XXX, it is the identical address for Bank J. Safra Sarasin (Deutschland) AG in Germany. A SWIFT code shows the sending bank exactly which bank should receive the money, much like a postcode for banks. In practice you mostly come across it on invoices from abroad, in payment forms and in the bank details of Bank J. Safra Sarasin (Deutschland) AG customers.

On this page you can read what the code is put together, when you need it and what else a transfer to or from Bank J. Safra Sarasin (Deutschland) AG requires. The SWIFT code on its own cannot identify a personal account; for that you need the IBAN or account number is for.

8 or 11 characters: SRRADEM1 versus SRRADEM1XXX

The structure of every SWIFT code never changes: a bank code of four letters, two for the country and a two-character location code. The result is SRRADEM1 for Bank J. Safra Sarasin (Deutschland) AG.

XXX at the end of SRRADEM1XXX is not a placeholder or an error: it stands for the head office of Bank J. Safra Sarasin (Deutschland) AG. Some forms insist on 11 characters, and then you can add XXX after SRRADEM1.

Enter the code as one block, in upper case and without separators. A wrong character may route a payment to another bank.

Watch out for payment fraud

Be alert if someone suddenly asks you to pay into another account or a bank in another country. A correct SWIFT code tells you nothing about who owns the account: scammers use real codes of real banks.

Verify changed payment details through a separate channel like a call to a number from an earlier contract. Be suspicious of time pressure, unusual wording or a sender address that is slightly off. Acted too fast? Contact the bank you paid from straight away and ask them to start a recall.

Fraud also work the other way: someone claims to have sent too much and asks you to refund the extra. A payment confirmation from the sender proves nothing; only your own account shows what has arrived.

Paying into Bank J. Safra Sarasin (Deutschland) AG in EUR

Germany uses the Euro, code EUR. Money sent in a different currency is exchanged into EUR on its way to Bank J. Safra Sarasin (Deutschland) AG, and whoever converts it chooses the rate. Each conversion costs the amount, even when no fee is shown.

Who converts the payment makes a difference. Transferring the money directly in EUR usually avoids an extra conversion – as long as your own rate is good.

Exchange rates move all the time – some services let you fix a rate in advance. On larger amounts, a seemingly small gap in the rate adds up quickly.

How long does an international transfer to Bank J. Safra Sarasin (Deutschland) AG take?

There is no single delivery time for every transfer: many arrive the same day or the next, others take several business days. Payments made late in the day or just before a weekend or public holiday often go out the next business day. Sometimes a bank asks about the purpose of a payment, which can hold things up.

When a payment takes longer than expected, contact the sending bank about the status or the UETR. Money transfer services usually show a status online so you can see how far the payment has got.

Only the sending bank is able to start an official trace or a recall; the receiving side usually has nothing to trace yet. Ask the sender for the payment receipt with the date and reference – it helps your own bank look for the money.

Which of the 2 codes of Bank J. Safra Sarasin (Deutschland) AG do you need?

Bank J. Safra Sarasin (Deutschland) AG uses 2 separate SWIFT/BIC codes. One of them is the head office code; the others belong to branches, and sometimes internal departments.

If nobody asks you for a branch code, go with SRRADEM1XXX. Just use a branch code when the recipient gives you that exact code, for example on a letter or invoice.

Not sure which code to use? Check with the recipient, or look at a recent statement from Bank J. Safra Sarasin (Deutschland) AG. Branch codes are more likely to change than the head office code when a bank merges or closes offices.

What to give a sender who pays you at Bank J. Safra Sarasin (Deutschland) AG

A sender in another country needs several details about your account – incomplete details often cause delays. In practice that means: your full name as registered with Bank J. Safra Sarasin (Deutschland) AG, your account number or IBAN, the SWIFT/BIC code SRRADEM1XXX and usually your address.

Their bank may request the address of your bank, in which case the Frankfurt Am Main head office is the usual answer. Check every detail before you send them – a sender rarely spots a mistake in someone else’s details.

Money from abroad will not always arrive for the full amount. Intermediary banks may deduct a fee, and when currencies differ, an exchange rate margin comes on top. For business payments, it is common to state how the fees are split.

Paying someone abroad from your Bank J. Safra Sarasin (Deutschland) AG account

When you send money to another country from Bank J. Safra Sarasin (Deutschland) AG, the visible fee is rarely all of what you pay. There is the fee for the transfer itself, possibly charges from correspondent banks along the way and, most importantly, the exchange rate markup if the currency changes.

Many banks do not show the margin on the rate separately, but you pay it all the same. Compare their rate with the mid-market rate, the midpoint between buy and sell rates you see on financial sites. The difference is your real conversion cost.

For many routes, a specialist provider turns out to be less expensive than a traditional bank transfer – mostly thanks to the rate. On GoldexPay we compare what recipients receive with different services. You can always keep your account at Bank J. Safra Sarasin (Deutschland) AG to fund the transfer; only the conversion and sending happen elsewhere.

Is SRRADEM1 still correct? How to check

The best place to find the right code is a document from the bank itself, such as a statement or the account details in online banking. Compare it with SRRADEM1 on this page and ask if anything does not match.

Mistakes in the BIC tend to be annoying rather than disastrous – usually the money comes back, minus fees and time lost. Do not forget the account number: an error there can be more difficult to undo than a wrong BIC.

Many banking apps validate the format of an IBAN and some suggest the matching BIC. Some banks now compare the name against the account before you confirm. A small test payment is worth it for large sums, even if it costs an extra fee.

About this information

The directory on GoldexPay is compiled from public sources and is updated regularly. Institutions merge, change names and retire codes, and a directory never catches every change immediately. Figures such as the number of codes are from our own dataset and are not confirmed by Bank J. Safra Sarasin (Deutschland) AG.

Treat this page as a starting point, rather than as the last word: the recipient’s bank details come first. GoldexPay has no connection to Bank J. Safra Sarasin (Deutschland) AG; we are a comparison site for money transfers. If you notice something that is out of date, we welcome a message.

Do you need SRRADEM1 for a SEPA transfer?

Germany belongs to the SEPA area, where euro transfers follow common rules. When you send euros from another SEPA country, the IBAN is usually enough and the BIC is often filled in automatically.

You still need SRRADEM1XXX for payments in other currencies or money from outside the SEPA area. Some forms also show a field for the BIC; in that case, enter SRRADEM1.

Instant payments in euros have become widely supported within SEPA – whether Bank J. Safra Sarasin (Deutschland) AG offers them for your account is worth checking. As long as no currency is converted, a SEPA transfer tends to be inexpensive; it is the conversion that costs money.