Land Niedersachsen SWIFT/BIC code

SWIFT/BIC code of Land Niedersachsen

Whether you are given LANIDE21 or LANIDE21XXX, it is the identical identifier for Land Niedersachsen in Germany. Banks worldwide use BIC codes to direct international transfers to the correct institution. You will need it mainly when dealing with transfers between countries or a currency.

Below you will find the practical side: money coming in from abroad, paying someone in another country and how to check the code before you confirm a payment. Keep in mind that the BIC only identifies the bank, not the account: the IBAN or account number does that part.

The Euro and what conversion costs you

The national currency of Germany is the Euro (EUR). A payment in a foreign currency will be exchanged into EUR on its way to Land Niedersachsen. Every conversion eats into the amount.

Where the conversion happens has an effect on the final amount, as rates and margins differ per bank. Compare how much EUR the recipient gets via several services before choosing one.

The rate for EUR fluctuates throughout the day, so the amount you see is usually only valid for a short time. On larger amounts, even small difference in the rate adds up quickly.

About this information

We gather SWIFT/BIC codes using public sources and update our list from time to time. Banks merge, close branches and retire codes. The number of codes we show are based on our own data.

Use this page as a starting point, rather than as the final word. GoldexPay is independent of Land Niedersachsen; we are a comparison site for money transfers. Found an error? Tell us via our contact form.

Verifying the SWIFT code of Land Niedersachsen

The most reliable source for the BIC is the bank details provided by the recipient – an invoice, a statement or a screenshot from online banking. Check that code against LANIDE21 on this page and ask if anything does not match.

A wrong SWIFT code may lead to a delay, a returned payment or extra fees for investigation. Do not forget the account number: a mistake there is more difficult to correct than a wrong BIC.

Many banking apps check the structure of an IBAN. Where available, a payee name check on the recipient adds extra certainty. A small test payment can be worth it for large sums, even if it costs an extra fee.

Euro transfers to Land Niedersachsen: is a BIC needed?

Germany is a member of the SEPA area, where euro transfers follow common rules. For a regular euro transfer within SEPA, you normally only need the IBAN and the BIC is often filled in automatically.

You still need LANIDE21XXX when sending payments in other currencies or money from outside the SEPA area. If your banking app has a field for the BIC regardless, adding LANIDE21 does no harm.

Instant euro transfers are widely supported within SEPA; check with Land Niedersachsen whether it applies to your account. As long as no currency is converted, a SEPA transfer tends to be inexpensive.

Land Niedersachsen: head office code versus branch codes

With 2 codes, Land Niedersachsen is one of the banks that register individual codes for parts of the organisation and departments. The main code is LANIDE21XXX.

In most cases you do not need to look up a branch: payments addressed to LANIDE21XXX are routed within Land Niedersachsen correctly. When you receive a branch code, stick to it rather than replacing it with the head office code.

The safest route is to copy the code straight from the account holder’s bank details. Branch codes are more likely to change than LANIDE21XXX when a bank merges or closes offices.

When will the money arrive at Land Niedersachsen?

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

A growing number of banks use SWIFT gpi, which lets them follow a payment from bank to bank. Every gpi transfer gets a unique reference, the UETR. Keep your transfer receipt.

If a payment has not arrived within the expected time, the sender should start with their own bank, not the receiving bank. As a recipient, it helps to look at your account to see a slightly lower amount.

Protect yourself against fake payment requests

One of the most common tricks goes like this: you receive a message saying that a supplier has new bank details and asking you to pay there from now on. That LANIDE21 is a real code is no guarantee that a request mentioning it is genuine.

Before paying, verify changed bank details through a phone call. Urgency and requests to keep it quiet are red flags; a genuine business can wait for you to check. If a payment was sent to the wrong account, call your bank right away: the sooner they act, the better the chance of a recall.

Recipients are targeted too: a classic trick is a buyer who pays too much and then sends a request to refund the difference. A payment confirmation from the sender proves nothing; only your own account shows what has arrived.

Why Land Niedersachsen has an 8- and an 11-character code

The structure of every SWIFT code never changes: four characters for the institution, two for the country and a two-character location code, plus an optional branch code. Combined, these eight characters form LANIDE21 – the version you usually see online.

The 11-character version has a three-character extension for a branch or department. When those three characters are XXX, the code points to the head office, so LANIDE21XXX and LANIDE21 are interchangeable.

Enter the code in one piece, in upper case and without spaces. A single character can send the money to another bank.

Incoming international payments to Land Niedersachsen

When you expect money from abroad, give the sender everything they need in one go. What they need is: the account holder’s name, account number or IBAN, LANIDE21XXX and in many cases your postal address.

Their bank might request the address of your bank, in which case the Hannover head office is the usual answer. Double-check every detail before you send them, because the sender’s bank usually copies them as is.

The amount you receive can be less than the amount sent. Charges on incoming payments vary per bank; check the price list of Land Niedersachsen. On invoices, you can agree how the fees are split.

Sending money abroad from Land Niedersachsen

A bank transfer abroad costs rather more than the fee suggests. You pay the transfer fee, possibly fees charged by intermediary banks in between and, above all, the margin on the exchange rate when the money is converted.

Banks rarely show their exchange rate markup as a cost, but you pay it all the same. Compare the rate you are offered with the mid-market rate – the rate you find on financial news sites; the gap is what conversion costs you.

For many routes, a specialist provider turns out to be less expensive than a bank, mainly because of the exchange rate. GoldexPay compares transfer providers next to each other so you can see what actually arrives. Using a transfer service does not mean closing your account at Land Niedersachsen.