Levobank EG SWIFT/BIC code

What LEVADE51 means for a payment to Levobank EG

LEVADE51 and LEVADE51XXX are the short and the long form of the same SWIFT/BIC code, and both point to Levobank EG in Eppelborn. Banks worldwide use these codes to direct payments between countries to the correct institution. You will need it mainly when dealing with payments that cross a border.

Further down you will find the practical questions: money coming in from abroad, paying someone in another country and how to verify the code before you hit send. A SWIFT code identifies a bank or branch, not a single account; the IBAN or account number does that.

Verifying the SWIFT code of Levobank EG

The best place to find the right code remains a document from the bank itself, such as a statement or the account details in online banking. Compare it with LEVADE51 here; if they differ, ask before you pay.

A wrong SWIFT code can cause a delay, a returned payment or extra fees. An error in the IBAN or account number is more serious.

Most online banking apps validate the structure of IBANs – that confirms the format, not the owner. More and more banks compare the name against the account; take any warning seriously. When you pay someone new, some people start with a small test amount before sending the rest.

Do you need LEVADE51 for a SEPA transfer?

Within the SEPA zone, euro transfers to Levobank EG follow common rules, so the IBAN does the job in most cases. The BIC field is usually optional or missing for those payments.

Outside the euro and for senders outside SEPA, LEVADE51XXX is still required. If a payment form asks for the BIC regardless, entering LEVADE51 does no harm.

Instant payments in euros have become widely available across SEPA; check with Levobank EG whether it applies to your account. Charges on SEPA payments are generally low as long as everything stays in euros.

How up to date is this code?

We gather SWIFT/BIC codes using public sources and check them from time to time. Banks reorganise, change names and retire codes, and a directory never catches every change immediately. Figures such as the number of codes are from our directory and are not confirmed by Levobank EG.

Use our data as a starting point, rather than as the final word – the bank details from the recipient are leading. GoldexPay has no connection to Levobank EG; we are a comparison site for money transfers. If you notice a mistake, we appreciate a message via the contact page.

International transfers from Levobank EG: the real cost

A bank transfer abroad can cost more than the fee suggests. There is the transfer fee, possibly fees charged by intermediary banks in between and, most importantly, the exchange rate markup if the currency changes.

Many banks rarely list their exchange rate markup separately, 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 difference is your real conversion cost.

Specialist money transfer services often offer a rate near the mid-market rate with clearer fees. GoldexPay compares these services side by side so you can see what actually arrives before you commit. You can still use your account at Levobank EG, while a cheaper service handles the conversion.

Sending EUR to Levobank EG

Germany pays in the Euro, code EUR. Money sent in a different currency will be exchanged into EUR – and the bank that does it picks the rate. You rarely see a separate line for that conversion – the cost sits in the rate.

Who does the conversion affects the final amount, as rates and margins differ per bank. In many cases you pay less to send EUR directly through a transfer service that converts near the mid-market rate rather than letting the receiving bank convert.

Rates for EUR move during the day, and some providers let you lock in a rate. For regular payments, small differences in the rate add up over a year.

Receiving money from abroad at Levobank EG

For a transfer from abroad into your account at Levobank EG, the person paying you needs not just the BIC. Share the account holder’s name, the IBAN or account number, SWIFT code LEVADE51XXX and your address.

Certain banks want the bank’s address in Eppelborn, so keep it at hand. Double-check the details before you share them – a sender rarely spots a mistake in someone else’s details.

Do not be surprised if the incoming amount is below the amount on the sender’s receipt. Fees for incoming transfers vary per bank. Make clear with the sender who covers the fees.

Scams that use SWIFT codes

Fraudsters regularly send fake invoices containing new bank details sent from what looks like a familiar address. The fact that LEVADE51 exists is no guarantee that the account is legitimate – fraudsters use real bank codes as well.

Never rely on a phone number from the same email that announces the change. Watch out for urgent requests, unusual wording or an email address that differs by one letter. Already paid? Contact your bank straight away and ask them to try to recall the payment; also report it to the police.

People receiving money can be targeted as well: a classic trick is a buyer who pays too much followed by a request to refund the difference to another account. A screenshot of a transfer is no proof.

When will the money arrive at Levobank EG?

There is no fixed answer for every transfer: many arrive within a day while others need several business days. Weekends and public holidays in the sending or receiving country can add a day or more. Extra checks on larger or unusual payments can also add a delay, even when all details are correct.

A growing number of banks use SWIFT gpi for faster and traceable payments. Every payment carries a unique reference, the UETR. Save your transfer receipt until the recipient confirms; it contains the details a bank needs to start a trace.

A missing payment is traced by the sending bank. As a recipient, you can look at your account to see a slightly lower amount because fees can reduce the amount.

LEVADE51 or LEVADE51XXX – which one to use?

A SWIFT code is made up of a few fixed parts: the first four letters identify the bank, characters five and six give the country and the two after that mark the location. Combined, those parts make up LEVADE51, the code most people search for.

The long version has three more characters for a branch or department. If the last three are XXX, they simply mean the head office, which is why LEVADE51XXX and LEVADE51 lead to the same place.

In practice the code is typed in capitals and without spaces. Look out for the letter O and the digit 0 and the letter I and the digit 1, a common source of typos.

Head office or branch code at Levobank EG?

Levobank EG uses 2 different SWIFT/BIC codes across 2 locations. One of them is the head office code; the others belong to branches, and sometimes specific services.

Usually there is no need to look up a branch: payments sent to LEVADE51XXX are routed within Levobank EG correctly. A branch code only makes sense if the recipient’s bank specifically mentions it, which is more common for business accounts and trade services.

The safest approach is to take the code directly from the account holder’s bank details. Branch codes are sometimes changed or retired over time, so do not rely on old paperwork.