Finanz Informatik SWIFT/BIC code

SWIFT/BIC code of Finanz Informatik

The 8-character code NOLADE21 and the full code NOLADE21DVS refer to one and the same institution: Finanz Informatik. A SWIFT code shows the sending bank exactly which bank is meant to get the money, much like a postcode for banks. It comes up mostly for transfers between countries.

We wrote this page to help anyone who sends money to an account at Finanz Informatik without mistakes. Keep in mind that the SWIFT code only identifies the bank, not the person: the IBAN or account number does that part.

Where our SWIFT data comes from

This directory draws on publicly available sources and is updated regularly. Banks reorganise, change names and retire codes – a directory can be a step behind. The number of codes we show reflect what is in our directory, not official figures from Finanz Informatik.

See the information here as a handy check, and let the details from the recipient or Finanz Informatik have the final say. GoldexPay has no connection to Finanz Informatik. Spotted outdated information? Tell us through the contact page.

Paying someone abroad from your Finanz Informatik account

An international bank payment can cost rather more than the fee suggests. On top of a fixed fee, correspondent or intermediary banks may take a cut, and if currencies are converted, 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. Check the rate you are offered with the mid-market rate – the rate you find on financial news sites.

For many currency pairs, a transfer service turns out to be cheaper than a bank. GoldexPay compares the amount that arrives across services. Using a transfer service does not mean leaving Finanz Informatik: you simply pay the service from your account.

Verifying the SWIFT code of Finanz Informatik

The best place to find the right code is paperwork issued by the bank like a bank statement or the account page in online banking. If the code you have differs from NOLADE21 or NOLADE21DVS, stop and ask – contact the recipient or Finanz Informatik.

Mistakes in the SWIFT code are annoying more than fatal: often the payment comes back, minus fees. An error in the account number can be a bigger problem, because the money may be credited to someone else; check it just as carefully.

An automatic check in your banking app merely tells you that the code is valid. More and more banks compare the payee name with the account; take any warning seriously. When you pay someone new, many people send a small test amount before sending the rest.

Watch out for payment fraud

Fraudsters often send fake invoices with new bank details sent from what looks like a familiar address. That NOLADE21 is a real code does not mean that the account is legitimate – fraudsters use real bank codes as well.

Verify changed payment details via a different channel like a call to a number from an earlier contract. Urgency and secrecy are warning signs; a genuine business can wait for you to check. Already paid? Contact your bank without delay and have them start a recall; also report it to the police.

People receiving money are targeted too: one known trick is an overpayment and then sends a request to refund the difference abroad. A payment confirmation from the sender is no proof – check your own account.

Paying Finanz Informatik in euros within SEPA

Germany is part of the Single Euro Payments Area (SEPA). When you send euros within SEPA, you normally only need the IBAN; many banks no longer ask for the BIC.

You still need NOLADE21DVS when sending non-euro payments or transfers from countries outside SEPA. If a payment form has a field for the BIC anyway, entering NOLADE21 does no harm.

Euro payments within SEPA usually arrive within one business day, and instant transfers in seconds where both banks support them. Provided the payment stays in euros, a SEPA transfer is cheap.

Why Finanz Informatik has an 8- and an 11-character code

A SWIFT code is made up of fixed blocks: the first four letters stand for the bank, the next two give the country and characters seven and eight indicate the location. For Finanz Informatik, the 8-character core is NOLADE21.

Most payment forms work with either length. If yours requires eleven characters, enter NOLADE21DVS, otherwise NOLADE21 is fine.

In practice the code is written in capitals, without spaces or dashes. Pasting the code is safer than typing it by hand.

Sending EUR to Finanz Informatik

Accounts at Finanz Informatik are usually held in EUR, the national currency of Germany. Money sent in a different currency is exchanged into EUR before it reaches the account. There is rarely a separate charge for that conversion; it is built into the rate.

Who converts the payment makes a difference. Transferring the amount directly in EUR often avoids a second conversion by Finanz Informatik, provided the rate you get is fair.

The EUR rate fluctuates throughout the day. On larger amounts, a small difference in the rate can be worth more than the fee.

Transfer times and tracking a payment to Finanz Informatik

An international transfer usually takes anywhere from one to several business days. Bank holidays in either country add extra days. Extra checks by one of the banks can also cause some delay.

A growing number of banks use SWIFT gpi, which lets them follow a payment from bank to bank. Every payment carries a unique transaction reference, the UETR, which your bank can use to see where the money is. Keep the payment confirmation until the recipient confirms; it contains the details a bank needs to start a trace.

If the money does not arrive within the expected time, the person who paid should start with their own bank rather than Finanz Informatik. Request from the sender a copy of the payment confirmation with the date and reference – it helps your own bank look for the money.

Incoming international payments to Finanz Informatik

For a transfer from abroad into your account at Finanz Informatik, the person paying you needs not just the SWIFT code. That means: your name exactly as it appears on the account, your account number or IBAN, the BIC NOLADE21DVS and, often, your address.

The sender’s bank may request the address of your bank. A mistake in the IBAN can be more trouble than it looks.

Expect that the incoming amount is below the amount on the sender’s receipt. Charges on incoming payments differ from bank to bank – the price list of Finanz Informatik tells you what applies. On invoices, it is common to state how the fees are split to avoid a shortfall.

Head office or branch code at Finanz Informatik?

Finanz Informatik has 2 different SWIFT/BIC codes. Only one is the head office code, NOLADE21DVS; the rest identify branches or departments.

For most incoming transfers, the head office code NOLADE21DVS works fine. When you receive a branch code, use it as it is instead of replacing it with the head office code.

Unsure which code to use? Ask the recipient or the bank itself. Branch codes are more likely to change than NOLADE21DVS when a bank merges or closes offices.