Feri Eurorating Services AG SWIFT/BIC code

Feri Eurorating Services AG SWIFT code: FESVDEF1

FESVDEF1 and FESVDEF1XXX are the short and the long form of the same SWIFT/BIC code, and both point to Feri Eurorating Services AG in Bad Homburg. Banks worldwide use these codes to direct payments between countries to the right institution. In practice you usually see the code on invoices from abroad, in your banking app and on the account details that Feri Eurorating Services AG provides.

On this page we explain what the code means, when you need it and what else you need for a transfer to or from Feri Eurorating Services AG. The BIC names an institution, not a single account; the IBAN or account number does that.

Scams that use SWIFT codes

Scammers regularly use fake invoices containing changed bank details sent from what looks like a familiar address. The fact that FESVDEF1 exists does not mean that a request mentioning it is genuine.

Do not trust a phone number in the same message that contains the change. Watch out for time pressure, odd spelling or a sender address that is slightly off. Acted too fast? Contact the bank you paid from without delay and ask them to try to recall the payment and report the fraud.

Recipients can be targeted as well: a classic trick is an overpayment and then sends a request to send back the difference abroad. Wait until the money is actually in your account – ask Feri Eurorating Services AG if something looks wrong.

What to give a sender who pays you at Feri Eurorating Services AG

Someone abroad who wants to pay you will ask for a few details from you – incomplete details often cause delays. The basics are: the account holder’s name, account number or IBAN, FESVDEF1XXX and often your home address.

It helps to add Feri Eurorating Services AG and its city too, since some forms ask for it. A typo in your account number can be more trouble than you might think; copy them from your banking app rather than typing.

Money from abroad will not always land for the full amount. Charges on incoming payments differ per bank – the price list of Feri Eurorating Services AG tells you what applies. On invoices, you can state who bears the costs.

What the XXX in FESVDEF1XXX means

The layout of a BIC is always the same: four characters for the institution, two for the country and a two-character location code, sometimes followed by a branch code. In this case, the 8-character core is FESVDEF1.

Many banks and apps work with either length. If a form asks for eleven characters, enter FESVDEF1XXX, otherwise FESVDEF1 is fine.

In practice the code is written in capitals, without spaces or dashes. Watch for O versus 0 or I versus 1, a common source of typos.

When will the money arrive at Feri Eurorating Services AG?

There is no fixed answer: many arrive the same day or the next while others need several business days. Bank holidays in the sending or receiving country can add extra days. Sometimes a bank asks what the payment is for.

If the money seems delayed, contact your bank about the status and the transaction reference. Specialist transfer services usually show a status online so you can see where the payment has got.

The bank that sent the money is able to request a trace or a recall – the recipient’s bank often cannot see a payment that has not arrived. Request from the sender the payment receipt; that often settles the question quickly.

Which of the 2 codes of Feri Eurorating Services AG do you need?

We have 2 SWIFT/BIC codes for Feri Eurorating Services AG in 1 cities. Next to the head office code FESVDEF1XXX, there are codes for regional offices and specialised units.

Usually there is no need to pick a branch: transfers addressed to FESVDEF1XXX reach Feri Eurorating Services AG correctly. If you have been given a specific code, use it as it is rather than replacing it for the head office code.

The safest approach is to copy the code directly from the recipient’s statement. Codes can change over time.

How to check FESVDEF1 before you pay

The safest source for the BIC is the bank details provided by the recipient. When the code you were given differs from FESVDEF1 or FESVDEF1XXX, stop and ask: check with the recipient or with Feri Eurorating Services AG directly.

Mistakes in the BIC are annoying rather than fatal: often the payment comes back, minus fees. Do not forget the account number: an error there can be harder to correct than a wrong BIC.

Many banking apps check the structure of an IBAN, but that does not prove the account belongs to the right person. More and more banks check the payee name against the account – do not ignore a mismatch warning. For a first payment, some people start with a small test amount.

How up to date is this code?

We gather SWIFT/BIC codes using publicly available data and update them regularly. Institutions reorganise, change names and change codes, and a directory never catches every change immediately. Counts and locations come from our directory and may differ from what Feri Eurorating Services AG publishes.

Treat the information on this page as a handy check, and let the details from the recipient or Feri Eurorating Services AG have the final say. GoldexPay is not affiliated with Feri Eurorating Services AG; we are a comparison site for money transfers. Found outdated information? Let us know through the contact page and we will look into it.

The Euro and what conversion costs you

Germany uses the Euro, with the currency code EUR. Money sent in a different currency is converted into EUR before it reaches the account – and the bank that does it picks the rate. There is rarely a separate charge for that conversion.

Which bank converts the payment makes a difference. Check how much EUR arrives with different providers.

Exchange rates change all the time – some services let you fix a rate in advance. On larger amounts, a small difference in the rate can be worth more than the fee.

Paying Feri Eurorating Services AG in euros within SEPA

Because Germany is in the SEPA zone, a euro transfer into Feri Eurorating Services AG from another SEPA country normally requires just an IBAN. Many banks do not require the BIC for these payments.

You still need FESVDEF1XXX for non-euro payments or money from outside the SEPA area. If a payment form asks for the BIC regardless, adding FESVDEF1 does no harm.

Instant payments in euros have become widely supported across SEPA – whether Feri Eurorating Services AG offers them for your account is worth checking. Fees for SEPA transfers tend to be low, as long as no currency conversion is involved.

Paying someone abroad from your Feri Eurorating Services AG account

What you pay for an international transfer has several parts – not just the fee on your screen. On top of the transfer fee, banks in between may take a cut, and if the money changes currency, the bank often applies a rate that is less favourable than the actual market rate.

The markup on the rate tends to be the biggest item, and it is easy to miss. Compare their rate with the mid-market rate – the rate you find on financial news sites.

Specialised transfer providers frequently offer a rate near the mid-market rate. On GoldexPay you can compare the amount that arrives with different providers, which makes the cheapest option easy to spot. You can always keep your account at Feri Eurorating Services AG.