Bank Saderat Iran Hamburg Branch SWIFT/BIC code

SIHRDEH1 – the SWIFT/BIC code of Bank Saderat Iran Hamburg Branch

If an invoice shows SIHRDEH1 or SIHRDEH1XXX, it is the identical address for Bank Saderat Iran Hamburg Branch in Germany. The code has a single purpose: it ensures that a cross-border transfer reaches the right bank. In practice you mostly come across it on invoices from abroad, in payment forms and in the bank details that Bank Saderat Iran Hamburg Branch provides.

This page is meant to help people who pays into an account at Bank Saderat Iran Hamburg Branch and wants to get the details right. The SWIFT code on its own cannot identify an individual account holder; for that you need the IBAN or account number is for.

Incoming international payments to Bank Saderat Iran Hamburg Branch

When you are waiting for money from abroad, give the sender everything they need in one go. Give them the account holder’s name, your account number or IBAN, SWIFT code SIHRDEH1XXX and your address, which some banks require.

The sender’s bank might request the address of your bank; the head office in Hamburg is usually fine. Check every detail before you share them – a sender rarely spots a mistake in someone else’s details.

Expect that the incoming amount is below the amount on the sender’s receipt. Fees for incoming transfers vary from bank to bank; check the price list of Bank Saderat Iran Hamburg Branch. Agree with the sender who pays which costs.

What the XXX in SIHRDEH1XXX means

A BIC is made up of a few fixed parts: the first four letters identify the bank, the next two give the country and the two after that mark the location. For Bank Saderat Iran Hamburg Branch, the 8-character core is SIHRDEH1.

The 11-character version has a three-character extension that identify a branch or department. When those three characters are XXX, the code points to the head office, which is why SIHRDEH1XXX and SIHRDEH1 lead to the same place.

Do not add spaces or dashes when you enter SIHRDEH1 or SIHRDEH1XXX. Watch for O versus 0 or I versus 1; they are easy to mix up.

Before you send: check the Bank Saderat Iran Hamburg Branch code

Ask the recipient to copy the account details straight from their banking app. If the code you have does not match SIHRDEH1 or SIHRDEH1XXX, stop and ask: check with the recipient or with Bank Saderat Iran Hamburg Branch directly.

Mistakes in the BIC are costly more than fatal: often the payment comes back, minus fees. Remember the account number: an error there can be harder to correct than a wrong BIC.

Most online banking apps check the structure of IBANs and some suggest the matching BIC, but that does not prove the account belongs to the right person. Where available, a payee name check before sending adds extra certainty. A small test payment can be a sensible step for large sums.

Watch out for payment fraud

Fraudsters often use payment requests containing new bank details. A correct SWIFT code tells you nothing about whether the request is genuine.

Do not trust a phone number in the same message that contains the new account. Pressure and secrecy tend to be warning signs. If money was sent to the wrong account, contact your bank immediately.

Scams can also target the receiver. Someone claims to have sent more than agreed and wants you to refund the difference via a different route. Do not act before the money is actually in your account and check with Bank Saderat Iran Hamburg Branch if anything seems off.

Euro (EUR) and conversion costs

The national currency in Germany is the Euro (EUR). A payment in a foreign currency is converted into EUR before it reaches the account. Each conversion costs something.

Where the conversion happens has an effect on how much arrives, since every bank sets its own rate. Transferring the money already in EUR often prevents a second conversion.

The rate for EUR changes constantly and quotes are often valid only for a short time. With bigger transfers, even small gap in the rate adds up quickly.

Where our SWIFT data comes from

Our SWIFT/BIC directory is compiled from public sources. Even so, banks merge or change codes and our data may lag behind. Counts and locations come from our directory and may differ from what Bank Saderat Iran Hamburg Branch publishes.

See the information on this page as a handy check and rely on the recipient or Bank Saderat Iran Hamburg Branch for the final confirmation. GoldexPay is not affiliated with Bank Saderat Iran Hamburg Branch, we only compare transfer services. Found an error? Tell us via our contact form.

Tracking a transfer to or from Bank Saderat Iran Hamburg Branch

An international transfer usually needs one to a few business days – it depends on currency, route and the banks in between. Weekends and public holidays in either country add a day or more. Compliance checks by one of the banks may also add a delay, even when all details are correct.

If a transfer is delayed, contact your bank for the status. Money transfer services often provide tracking online showing where the payment is.

A missing payment has to be investigated from the sending side, using the payment confirmation. Request from the sender the payment receipt with the date and reference.

Bank Saderat Iran Hamburg Branch: head office code versus branch codes

Our database contains 3 SWIFT/BIC codes for Bank Saderat Iran Hamburg Branch, spread over 2 cities. Besides the head office code SIHRDEH1XXX, you will find codes for individual branches and departments.

If nobody asks you for a branch code, use SIHRDEH1XXX. Only use a branch code when your contact explicitly asks for it.

The safest route is to take the code straight from the account holder’s statement. Codes for branches are more prone to change than the head office code.

Paying someone abroad from your Bank Saderat Iran Hamburg Branch account

When you transfer money abroad via Bank Saderat Iran Hamburg Branch, the visible fee is only part of what you pay. You pay the fee for the transfer itself, possibly charges from correspondent banks along the way and, most importantly, the margin on the exchange rate.

Most of the cost usually sits in the exchange rate: the bank converts using an exchange rate that includes a margin. An easy check: put the rate you get against the mid-market rate and work out the difference on your amount.

For a lot of currency pairs, a specialist provider turns out to be less expensive than a traditional bank transfer, mainly because of the exchange rate. GoldexPay compares transfer providers side by side so you can see the amount the recipient gets before you commit. You can always use your account at Bank Saderat Iran Hamburg Branch to fund the transfer; only the conversion and sending happen elsewhere.

Do you need SIHRDEH1 for a SEPA transfer?

Inside SEPA, euro transfers to an account in Germany use common rules and in most cases need only the IBAN. A field for the BIC is often optional for those payments.

A SWIFT code like SIHRDEH1 still matter for payments in other currencies, and for transfers from outside SEPA. If a payment form has a field for the BIC regardless, adding SIHRDEH1 is fine.

Euro payments within SEPA normally land by the next business day, and instant transfers in seconds where both banks support them. Fees for SEPA transfers are generally low as long as everything stays in euros.