Norisbank GMBH SWIFT/BIC code

NORSDE51 – the SWIFT/BIC code of Norisbank GMBH

The 8-character code NORSDE51 and the 11-character code NORSDE51XXX identify the same bank: Norisbank GMBH. Banks worldwide use these codes to direct payments between countries to the correct institution. You will need it mostly for transfers between countries and payments in foreign currencies.

On this page you will find what the code is put together, when it matters and what else a transfer to or from Norisbank GMBH requires. The SWIFT code on its own cannot identify an individual account holder; for that you need the IBAN or account number is for.

Is NORSDE51 still correct? How to check

The safest source for a SWIFT code is the bank details provided by the recipient: an invoice, a bank statement or their online banking. Compare it with NORSDE51 on this page.

With a wrong code, the transfer may get stuck, be returned or end up costing more. A mistake in the account number is more serious.

Many banking apps check the format of IBANs and some suggest the matching BIC, but that does not prove the account belongs to the right person. Some banks now check the name against the account before you confirm – do not ignore a mismatch warning. For a first payment, many people start with a small amount first.

Euro (EUR) and conversion costs

The national currency of Germany is the Euro (EUR). If you send money in a different currency it gets converted at some point. Every conversion costs the amount – usually through the rate rather than a fee.

Where the conversion happens has an effect on how much arrives. Often you pay less to send EUR straight away via a transfer service that converts near the mid-market rate, so that the receiving bank does not need to convert again.

The EUR rate fluctuates constantly. With bigger transfers, a small gap in the rate adds up quickly.

What the XXX in NORSDE51XXX means

The structure of every SWIFT code never changes: a bank code of four letters, a two-letter country code and two for the location. The result is NORSDE51 for Norisbank GMBH.

XXX at the end of NORSDE51XXX is not a missing value or a mistake: it stands for the main office of Norisbank GMBH. Some forms insist on 11 characters, and then you can enter XXX behind NORSDE51.

As a rule the code is written in capitals. Copying the code beats typing it by hand: a typo can point to another bank.

Receiving money from abroad at Norisbank GMBH

Someone abroad who wants to pay you needs a few details about your account. Give them your name as the bank knows it, your account number or IBAN, SWIFT code NORSDE51XXX and your address.

Some sending banks also ask for the address of Norisbank GMBH. Double-check each detail before you send them – a sender rarely spots a mistake in someone else’s details.

Money from abroad will not always arrive in full. Intermediary banks may deduct a fee, and if the money is converted, an exchange rate margin comes on top. Agree with the sender who covers the fees before the money is sent.

Norisbank GMBH: head office code versus branch codes

We have 2 SWIFT/BIC codes for Norisbank GMBH in 2 cities. Besides the head office code NORSDE51XXX, there are codes for individual branches and departments.

Usually there is no need to look up a branch: transfers addressed to NORSDE51XXX are routed within Norisbank GMBH correctly. Just use a branch code when the account holder explicitly asks for it.

Unsure which code to use? Ask the recipient. Branch codes can change over time, so do not rely on old paperwork.

What a transfer from Norisbank GMBH abroad really costs

The price of a payment abroad is made up of more than one component – not just the fee on your screen. Besides the transfer fee, correspondent or intermediary banks may deduct a fee, and when the money changes currency, the bank usually uses a rate that is less favourable than the real market rate.

Many banks rarely show the margin on the rate as a cost – you only notice it if you compare. A simple test: put the bank’s rate against the mid-market rate and work out the difference on your amount.

For a lot of currency pairs, a specialist provider turns out to be less expensive than a bank – mostly thanks to the rate. GoldexPay lists transfer providers side by side so you can see what actually arrives for the same amount sent. You can always use your account at Norisbank GMBH to fund the transfer.

How up to date is this code?

The directory on GoldexPay is compiled from publicly available sources and we update it periodically. Banks reorganise, change names and retire codes – a directory can be a step behind. Figures such as the number of codes are from our directory.

Treat our directory on this page as a helpful check and rely on the recipient or Norisbank GMBH for the final confirmation. GoldexPay is independent of Norisbank GMBH, we only compare transfer services. Spotted an error? Let us know via our contact form so we can correct it.

Tracking a transfer to or from Norisbank GMBH

How quickly a transfer reaches Norisbank GMBH is determined by a few things: which currency you send, the number of banks in between, cut-off times and time zones. Bank holidays in either country can add a day or more to the journey. Compliance checks on larger or unusual payments can also cause a delay, even when all details are correct.

If the money seems delayed, contact your bank for the tracking status and the transaction reference; with that reference banks can see where the payment is. Specialist transfer services usually provide a status online so you can see how far the payment has got.

Only the sending bank can request a trace or a recall – the recipient’s bank often cannot see a payment that has not arrived. Ask the sender for a copy of the payment confirmation; that often settles the question quickly.

Protect yourself against fake payment requests

Fraudsters regularly send payment requests with changed bank details sent from what looks like a familiar address. The fact that NORSDE51 exists is no guarantee that a request mentioning it is legitimate; criminals use the codes of real banks too.

Before paying, verify a change of bank details through a phone call, using a number you already had. Be suspicious of time pressure, 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 and report the fraud.

Scams also work the other way. Someone claims to have sent too much and asks you to return the extra via a different route. Wait until the money has really arrived.

SEPA payments and the Norisbank GMBH BIC

Germany is a member of the SEPA area. For a standard euro transfer within SEPA, the IBAN is usually enough.

The BIC still come into play for payments in other currencies, and for transfers from outside SEPA. If your banking app asks for the BIC regardless, entering NORSDE51 is fine.

SEPA transfers normally land within one business day, and instant transfers in seconds where both banks support them. Charges on SEPA payments are generally low, as long as no currency conversion is involved.