North Channel Bank GMBH und Co. KG SWIFT/BIC code

SWIFT/BIC code of North Channel Bank GMBH und Co. KG

The short code NOCBDE5M and the full code NOCBDE5MXXX identify the same bank: North Channel Bank GMBH und Co. KG in Mainz, Germany. Banks worldwide use these codes to route payments between countries to the right bank. In practice you usually come across it on invoices from abroad, in payment forms and in the bank details that North Channel Bank GMBH und Co. KG provides.

Below you will find the practical side: money coming in from abroad, sending money abroad and how to check a SWIFT code before you confirm a payment. The BIC identifies a bank or branch, not a single account.

Paying into North Channel Bank GMBH und Co. KG in EUR

Most accounts at North Channel Bank GMBH und Co. KG are usually held in EUR, the local currency. If you send money in a different currency it gets converted at some point. Each conversion costs something, even when no fee is shown.

Who does the conversion has an effect on the final amount, as rates and margins differ per bank. Sending the money directly in EUR usually avoids a second conversion by North Channel Bank GMBH und Co. KG, provided the rate you get is fair.

Exchange rates move all the time. With bigger transfers, even seemingly small gap in the rate adds up quickly.

SEPA payments and the North Channel Bank GMBH und Co. KG BIC

Germany belongs to the SEPA area, where euro transfers follow common rules. For a regular euro transfer within SEPA, the IBAN is usually enough and the BIC is often filled in automatically.

You will still need NOCBDE5MXXX when sending payments in other currencies or transfers from countries outside SEPA. If a payment form asks for the BIC anyway, entering NOCBDE5M does no harm.

SEPA transfers normally land within one business day; instant payments are faster if both banks offer them. Provided the payment stays in euros, a SEPA transfer tends to be inexpensive; costs rise once a conversion is involved.

Protect yourself against fake payment requests

A common scam goes like this: an email arrives with a request claiming that a company now has a new bank account and asking you to pay there from now on. A correct SWIFT code says nothing about whether the request is genuine.

Always confirm a change of bank details by phone. Urgency and requests to keep it quiet are red flags; a genuine business can wait for you to check. If money has already gone to the wrong account, contact your bank immediately – speed improves the chance of getting it back.

Fraud can also target the receiver. Someone sends more than agreed and asks you to return the extra to a new account. A payment confirmation from the sender proves nothing.

Is NOCBDE5M still correct? How to check

The best place to find the correct BIC is a document from the bank itself. When the code you were given does not match NOCBDE5M or NOCBDE5MXXX, stop and ask.

If the code is wrong, the transfer may be delayed, be returned or end up costing more – sometimes after weeks of searching. Remember the account number: an error there is harder to undo than a wrong BIC.

Most online banking apps validate the structure of IBANs and sometimes look up the BIC automatically, but that does not prove the account belongs to the right person. Some banks now check the payee name against the account; take any warning seriously. For a first payment, some people start with a small test amount and wait for confirmation.

How up to date is this code?

The details on this page come from publicly available data which we refresh regularly. Even so, banks merge, rename themselves or retire codes and our data may lag behind. The figures on this page are based on what is in our directory and not on information from North Channel Bank GMBH und Co. KG itself.

Treat our data as a starting point, rather than as the final word. We are a comparison site for money transfers and not affiliated with North Channel Bank GMBH und Co. KG. Found outdated information? Tell us via our contact form and we will look into it.

Head office or branch code at North Channel Bank GMBH und Co. KG?

North Channel Bank GMBH und Co. KG uses 2 separate SWIFT/BIC codes across 1 locations. Only one is the head office code; the others belong to branches or departments.

In most cases you do not need to look up a branch: payments sent to NOCBDE5MXXX are routed within North Channel Bank GMBH und Co. KG without problems. Branch codes are only needed if the recipient’s bank specifically mentions it.

The safest route is to take the code directly from the recipient’s bank details. Branch codes can change when banks reorganise.

Why North Channel Bank GMBH und Co. KG has an 8- and an 11-character code

The structure of every SWIFT code never changes: four characters for the institution, a two-letter country code and two for the location, sometimes followed by a branch code. The result is NOCBDE5M, the short form of the code.

The long version adds three more characters that identify a branch or department. If the last three are XXX, the code points to the head office.

As a rule the code is typed in capitals. Pasting the code beats typing it by hand, because one wrong letter changes the bank.

Paying someone abroad from your North Channel Bank GMBH und Co. KG account

What you pay for an international transfer has several parts – not just the fee on your screen. On top of the transfer fee, banks in between can deduct a fee, and when the money changes currency, the bank often uses a rate that is less favourable than the actual market rate.

The markup on the rate tends to be the largest item, and it is easy to miss. An easy check: put the bank’s rate next to the mid-market rate and work out the difference on your amount.

Specialised transfer providers often use rates closer to the mid-market rate and lower fees. Next time you send money, take a minute to compare what arrives on GoldexPay instead of going straight to your bank. Using a transfer service does not mean leaving North Channel Bank GMBH und Co. KG – you pay the provider from your own account.

Incoming international payments to North Channel Bank GMBH und Co. KG

Someone abroad who wants to pay you needs several details about your account, and missing ones are a common cause of delays. Give them the account holder’s name, your account number or IBAN, SWIFT code NOCBDE5MXXX and your address, which some banks require.

Certain banks want the bank’s address. Check every detail before you send them – a sender rarely spots a mistake in someone else’s details.

An incoming payment will not always land for the full amount. Correspondent banks can take a fee and your own bank may charge for processing, and if the money is converted, a markup on the rate comes on top. Agree with the sender who covers the fees, especially for larger amounts.

When will the money arrive at North Channel Bank GMBH und Co. KG?

An international transfer typically takes one to a few business days. Weekends and public holidays in either country can add a day or more. Occasionally a bank asks what the payment is for before releasing it.

Many banks are connected to SWIFT gpi, which lets them follow a payment from bank to bank. Each gpi transfer gets a unique transaction reference, the UETR. Save your transfer receipt.

If a payment has not arrived after a few business days, the sender needs to start with the bank that sent it. Request from the sender a copy of the payment confirmation including the reference – it helps your own bank look for the money.