Nassauische Sparkasse SWIFT/BIC code

Nassauische Sparkasse SWIFT code: NASSDE55

The short code NASSDE55 and the 11-character code NASSDE55XXX identify one and the same institution: Nassauische Sparkasse in Wiesbaden, Germany. A SWIFT code shows the sending bank exactly which bank should receive the money, much like a postcode for banks. You will need it mostly for transfers between countries.

On this page we explain what the code means, when it matters and which other details you need for a transfer to or from Nassauische Sparkasse. The SWIFT code on its own does not identify an individual account holder; that is what the IBAN or account number is for.

How long does an international transfer to Nassauische Sparkasse take?

A SWIFT payment typically takes one to a few business days. Transfers sent after the cut-off time or just before weekends and holidays often start the next business day. Extra checks by one of the banks may also cause a delay.

If the money is late, ask the sending bank for the status or the UETR so they can trace it along the chain. Keep your transfer receipt; it contains the details a bank needs to start a trace.

If a payment has not arrived after a few business days, the sender should contact the bank that sent it, not the receiving bank. On the receiving end, it helps to check your statements to see a partial amount, since fees may have been deducted.

Paying someone abroad from your Nassauische Sparkasse account

What you pay for a payment abroad has more than one component. You pay the transfer fee, possibly fees charged by intermediary banks in between and, above all, the margin on the exchange rate.

That exchange rate margin is often the largest item. A simple test: put the bank’s rate next to the mid-market rate for the same moment and look at the difference.

Specialist money transfer services often use a rate near the mid-market rate with clearer fees. Next time you send money, it is worth comparing the total cost via GoldexPay. Using a transfer service does not mean leaving Nassauische Sparkasse – you pay the provider from your own account.

Scams that use SWIFT codes

Fraudsters regularly send payment requests containing new bank details, sometimes in an email that looks completely genuine. That NASSDE55 is a real code does not mean that a request mentioning it is legitimate.

Always verify changed bank details by phone on a number you know, not one from the message. Watch out for time pressure, unusual wording or an email address that differs by one letter. Already paid? Contact the bank you paid from without delay and have them start a recall; also report it to the police.

Recipients can be targeted as well: a classic trick is an overpayment followed by a request to refund the difference. A payment confirmation from the sender is no proof; only your own account shows what has arrived.

The Euro and what conversion costs you

The national currency of Germany is the Euro (EUR). A payment in a foreign currency is converted into EUR before it reaches the account. Every conversion costs the amount – usually through the rate rather than a fee.

Where the conversion happens has an effect on how much arrives, as rates and margins differ per bank. In many cases you pay less if you send EUR straight away through a provider that converts near the mid-market rate.

Exchange rates change during the day, and some providers let you lock in a rate. For recurring payments, small differences in the rate add up over time.

How up to date is this code?

We gather SWIFT/BIC codes from public sources and check them regularly. It is possible that information on this page is no longer current. The number of codes we show reflect what is in our directory and not on information from Nassauische Sparkasse itself.

Use this page as a reference, rather than as the last word. GoldexPay is a comparison service for money transfers and not part of Nassauische Sparkasse. If you notice something that is out of date, we appreciate a short note via the contact page.

Before you send: check the Nassauische Sparkasse code

The most reliable source for a SWIFT code is the bank details provided by the recipient: an invoice, a bank statement or their online banking. Check that code with NASSDE55 here; if they differ, ask before you pay.

If the code is wrong, the payment may be delayed, bounce back or cost extra – sometimes after weeks of searching. A mistake in the account number can be a bigger problem, because the money may be credited to someone else, so check that just as carefully.

Many banking apps validate the structure of IBANs. Where available, a payee name check before sending adds an extra layer of safety. For a first payment, many people start with a small amount first.

What to give a sender who pays you at Nassauische Sparkasse

When you are waiting for a payment from another country, give the sender all details at once. Share the account holder’s name, your account number or IBAN, SWIFT code NASSDE55XXX and your address, which some banks require.

Some sending banks want the bank’s address; it does no harm to include it. Check the details before you share them.

Do not be surprised if the amount credited is below the amount on the sender’s receipt. Correspondent banks can take a fee and your own bank may charge for processing, and if the currency changes, an exchange rate margin comes on top. On invoices, it is common to agree who bears the costs.

8 or 11 characters: NASSDE55 versus NASSDE55XXX

A BIC is made up of fixed blocks: characters one to four identify the bank, the next two give the country and the two after that mark the location. That gives you NASSDE55, the short form of the code.

XXX at the end of NASSDE55XXX does not stand for a missing value or a mistake: it stands for the main office of Nassauische Sparkasse. Some banking apps insist on 11 characters, and then you can add XXX after NASSDE55.

In practice the code is typed in capitals and without spaces. Look out for O versus 0 or I versus 1; they are easy to mix up.

Which of the 2 codes of Nassauische Sparkasse do you need?

Nassauische Sparkasse has 2 separate SWIFT/BIC codes. One of them is the head office code, NASSDE55XXX; the rest belong to branches or departments, and sometimes specific services.

For most incoming transfers, the head office code NASSDE55XXX works fine. Only use a branch code when your contact gives you that exact code.

Unsure which code to use? Ask the recipient or the bank itself. Codes for branches are more prone to change than NASSDE55XXX when a bank merges or closes offices.

SEPA payments and the Nassauische Sparkasse BIC

Since Germany is in the SEPA zone, a euro payment into Nassauische Sparkasse from within the SEPA area normally only needs an IBAN. Many banks do not require the BIC for these payments or fill it in for you.

You still need NASSDE55XXX for non-euro payments or money from outside the SEPA area. Some banks and apps also show a field for the BIC; in that case, fill in NASSDE55 or NASSDE55XXX.

Instant payments in euros are widely supported within SEPA. As long as the payment stays in euros, a SEPA transfer tends to be inexpensive; it is the conversion that costs money.