Kreissparkasse Anhalt-Bitterfeld SWIFT/BIC code

NOLADE21 – the SWIFT/BIC code of Kreissparkasse Anhalt-Bitterfeld

NOLADE21 and NOLADE21BTF are the short and the long form of the same bank identifier, and both lead to Kreissparkasse Anhalt-Bitterfeld in Bitterfeld. A SWIFT code shows every bank in the chain exactly which bank is meant to get the money. In practice you mostly come across the code on international invoices, in payment forms and on the account details of Kreissparkasse Anhalt-Bitterfeld customers.

On this page you will find what the code is put together, when it matters and which other details a transfer to or from Kreissparkasse Anhalt-Bitterfeld requires. A SWIFT code identifies an institution, never a specific account, which is why you always need the account number too.

Paying into Kreissparkasse Anhalt-Bitterfeld in EUR

The currency of Germany is the Euro (EUR). If you send another currency it has to be converted somewhere along the way – by your bank, by Kreissparkasse Anhalt-Bitterfeld or by a bank in between. Every conversion costs something, even when no fee is shown.

Which bank converts the payment makes a difference. In many cases it is cheaper if you send EUR directly through a provider with a good rate, so that the receiving bank does not need to convert again.

The EUR rate changes throughout the day, so the amount you see is usually only valid for a short time. If you pay regularly, small differences in the rate add up over a year.

NOLADE21 or NOLADE21BTF – which one to use?

A BIC is built from a few fixed parts: characters one to four identify the bank, characters five and six give the country and the two after that mark the location. The result is NOLADE21.

The long version adds a three-character extension for a branch or department. If the last three are XXX, they simply mean the head office, which is why NOLADE21BTF and NOLADE21 lead to the same place.

Do not add spaces when you enter NOLADE21 or NOLADE21BTF. A wrong letter can send a payment to another bank, so copy it carefully.

Incoming international payments to Kreissparkasse Anhalt-Bitterfeld

To receive a transfer from abroad at Kreissparkasse Anhalt-Bitterfeld, the sender needs not just the SWIFT code. That means: your full name exactly as it appears on the account, your IBAN or account number, the BIC NOLADE21BTF (or NOLADE21) and usually your address.

Some banks also ask for the name and address of Kreissparkasse Anhalt-Bitterfeld. Double-check every detail before you send them, because the sender’s bank usually copies them as is.

Expect that the amount credited is smaller than the amount on the sender’s receipt. Intermediary banks may deduct a fee, and when currencies differ, a markup on the rate applies. On invoices, it is common to agree who bears the costs, so that nobody is left short.

Transfer times and tracking a payment to Kreissparkasse Anhalt-Bitterfeld

An international transfer usually needs one to a few business days. Payments made late in the day or just before weekends and holidays often go out the next business day. Occasionally a bank asks about the purpose of a payment, which can hold things up.

A growing number of banks are connected to SWIFT gpi for faster and traceable payments. Every gpi transfer carries a unique transaction reference, the UETR. Money transfer services usually show tracking in their app showing where the money has got.

If the money does not arrive after a few business days, the sender needs to start with their own bank rather than Kreissparkasse Anhalt-Bitterfeld. On the receiving end, it helps to look at your statements to see a partial amount, since fees may have been deducted.

Choosing between the 3 SWIFT codes of Kreissparkasse Anhalt-Bitterfeld

Our directory lists 3 SWIFT/BIC codes for Kreissparkasse Anhalt-Bitterfeld in 3 places. Besides the head office code NOLADE21BTF, there are codes for branches, departments or specific services.

If nobody asks you for a branch code, use NOLADE21BTF. Branch codes are only needed when the account holder explicitly mentions it.

Not sure which code to use? Check with the recipient, or look at a recent statement from Kreissparkasse Anhalt-Bitterfeld. Codes can change when banks reorganise.

Do you need NOLADE21 for a SEPA transfer?

Since Germany is in the SEPA zone, a euro payment to Kreissparkasse Anhalt-Bitterfeld from another SEPA country normally requires just an IBAN. Many banks do not require the BIC for these payments or fill it in for you.

A SWIFT code like NOLADE21 still matter for payments in other currencies, and for transfers from outside SEPA. If your banking app has a field for the BIC regardless, adding NOLADE21 is fine.

SEPA transfers normally land by the next business day. Fees for SEPA payments tend to be low as long as everything stays in euros.

Is NOLADE21 still correct? How to check

The best place to find the correct BIC remains a document from the bank itself like a bank statement or the account page in online banking. Check that code with NOLADE21 here; if they differ, ask before you pay.

Errors in the SWIFT code are costly more than fatal – usually the money comes back, minus fees and time lost. Do not forget the IBAN: an error there is more difficult to correct than a wrong BIC.

Many banking apps check the format of IBANs and sometimes look up the BIC automatically. More and more banks compare the name against the account before you confirm. For a first payment, some people start with a small amount first.

Scams that use SWIFT codes

A common scam works like this: an email arrives with a request saying that a company has a new bank account and that the next payment should go there. A valid SWIFT code says nothing about whether the request is genuine: scammers use real codes of real banks.

Check new bank details via a different channel, such as a phone number you already know, never via the email that asked for the change. Watch out for time pressure, unusual wording or an email address that differs by one letter. If money has already gone to a fraudster, call your bank right away.

People receiving money can be targeted as well: a classic trick is an overpayment and then sends a request to send back the difference abroad. Do not act before the money is actually in your account – ask Kreissparkasse Anhalt-Bitterfeld if something looks wrong.

What a transfer from Kreissparkasse Anhalt-Bitterfeld abroad really costs

If you send money abroad from Kreissparkasse Anhalt-Bitterfeld, the visible fee is only part of the cost. There is the transfer fee, sometimes charges from correspondent banks in between and, above all, the exchange rate markup when the money is converted.

Banks rarely show their exchange rate markup separately. Check their rate against the mid-market rate – the rate you find on financial news sites; the gap is what conversion costs you.

For many routes, a transfer service is cheaper than a traditional bank transfer – mostly thanks to the rate. Next time you send money, take a minute to compare the total cost via GoldexPay instead of going straight to your bank. Choosing a specialist does not mean leaving Kreissparkasse Anhalt-Bitterfeld.

Where our SWIFT data comes from

The directory on GoldexPay is compiled from publicly available sources. Still, banks merge or retire codes. Figures such as the number of codes come from our directory.

For a payment of any size, always check the BIC with Kreissparkasse Anhalt-Bitterfeld or with the recipient. We are an independent comparison site and not part of Kreissparkasse Anhalt-Bitterfeld. Spotted an error? Tell us via our contact form so we can correct it.