Intercard AG SWIFT/BIC code

SWIFT/BIC code of Intercard AG

The 8-character code ICRDDE71 and the 11-character code ICRDDE71XXX refer to one and the same institution: Intercard AG. The code does one job: it ensures that a cross-border transfer reaches the right bank. In practice you mostly come across the code on invoices from abroad, in your banking app and in the bank details that Intercard AG provides.

Further down we go through the practical questions: money coming in from abroad, paying someone in another country and how to verify the code before you confirm a payment. The BIC identifies a bank or branch, never a specific account; the IBAN or account number does that.

When will the money arrive at Intercard AG?

There is no single delivery time for international payments: many arrive within a day while others need several business days. Transfers sent after the cut-off time or just before weekends and holidays often start a business day later. Compliance checks by one of the banks may also add a delay.

Many banks are connected to SWIFT gpi. Each payment gets a unique reference, the UETR that banks can use to trace it. Specialist transfer services usually show tracking online so you can see where the money has got.

A delayed transfer has to be traced by the sending bank on the basis of the transfer details. Request from the sender a copy of the payment confirmation – it helps your own bank look for the money.

Protect yourself against fake payment requests

One of the most common tricks goes like this: an email arrives with a request claiming that a company has a new bank account. A valid SWIFT code tells you nothing about whether the request is genuine – scammers simply use real codes.

Check new bank details through a different channel, such as a phone number you already know, not by replying to the message. Be suspicious of urgent requests, unusual wording or an email address that differs by one letter. Already paid? Call your bank without delay and ask them to start a recall; also report it to the police.

Fraud also work the other way: someone sends too much and asks you to refund the extra via a different route. A payment confirmation from the sender is no proof.

International transfers from Intercard AG: the real cost

A bank transfer abroad can cost rather more than the listed fee. You pay the transfer fee, sometimes fees charged by intermediary banks in between and, above all, the exchange rate markup when the money is converted.

That exchange rate margin tends to be the biggest item, and it is easy to miss. An easy check: put the bank’s rate next to the mid-market rate for the same moment and look at the difference.

Specialist money transfer services frequently offer rates closer to the mid-market rate and lower fees. GoldexPay compares these services side by side so you can see what actually arrives. Choosing a specialist does not require leaving Intercard AG: you simply pay the service from your account.

Why Intercard AG has an 8- and an 11-character code

A BIC is made up of fixed blocks: the first four letters stand for the bank, the next two show the country and the two after that mark the location. For Intercard AG, the 8-character core is ICRDDE71.

Most payment forms accept both lengths. If yours asks for eleven characters, use ICRDDE71XXX; if it wants eight, use ICRDDE71.

In practice the code is written in capitals. Watch for O versus 0 and I versus 1, a common source of typos.

Euro transfers to Intercard AG: is a BIC needed?

Germany is a member of the SEPA area, where euro transfers follow common rules. When you send euros from another SEPA country, you normally only need the IBAN; many banks no longer ask for the BIC.

Outside the euro and from non-SEPA countries, ICRDDE71XXX is still required. If a payment form has a field for the BIC anyway, entering ICRDDE71 is fine.

SEPA transfers usually arrive within one business day. Charges on SEPA payments are generally low.

The Euro and what conversion costs you

The currency of Germany is the Euro (EUR). If you send money in a different currency has to be converted at some point – by your bank, by Intercard AG or by a bank in between. You rarely see a separate line for the conversion; it is built into the rate.

Who converts the payment makes a difference: every bank has its own margin. Sending the amount already in EUR usually prevents a second conversion at the receiving end – as long as your own rate is good.

Rates for EUR move during the day – some services let you fix a rate in advance. If you pay regularly, a slightly better rate make a real difference over time.

Receiving money from abroad at Intercard AG

For a transfer from abroad at Intercard AG, the person paying you needs more than the SWIFT code. In practice that means: your name as registered with Intercard AG, your IBAN or account number, the SWIFT/BIC code ICRDDE71XXX and sometimes your address.

It helps to add the bank name and its city too, since some forms ask for it. A typo in the IBAN is harder to fix than it looks.

An incoming payment will not always arrive for the full amount. Charges on incoming payments differ from bank to bank; check the price list of Intercard AG. Agree with the sender who pays which costs before the money is sent.

Is ICRDDE71 still correct? How to check

The best place to find the correct BIC is paperwork issued by the bank, such as a statement or the account details in online banking. Check that code with ICRDDE71 on this page; if they differ, ask before you pay.

A wrong SWIFT code may lead to a delay, a payment being sent back or extra fees along the way. Remember the IBAN: an error there is more difficult to correct than a wrong BIC.

Many banking apps validate the structure of an IBAN and sometimes look up the BIC automatically. More and more banks check the name with the account before you confirm – do not ignore a mismatch warning. For a first payment, some people send a small amount first before sending the rest.

Choosing between the 3 SWIFT codes of Intercard AG

Our directory lists 3 SWIFT/BIC codes for Intercard AG, spread over 1 locations. Next to the head office code ICRDDE71XXX, you will find codes for individual branches and departments.

If nobody asks you for a branch code, use ICRDDE71XXX. When you receive a specific code, stick to it instead of replacing it for the head office code.

When in doubt, check with the recipient for the exact BIC in their bank details. Codes for branches are more prone to change than the head office code.

About this information

The codes on this page are taken from publicly available data. Banks reorganise, change names and change codes – a directory can be a step behind. Counts and locations come from our own dataset and are not confirmed by Intercard AG.

Use our data as a reference, not as the final word – the bank details from the recipient are leading. GoldexPay is not affiliated with Intercard AG. Should you notice a mistake, we appreciate a short note.