Oldenburgische Landesbank AG SWIFT/BIC code

SWIFT/BIC code of Oldenburgische Landesbank AG

If an invoice shows OLBODEH2 or OLBODEH2XXX, it is the same address for Oldenburgische Landesbank AG in Germany. A BIC has a single purpose: it ensures that a cross-border transfer reaches the right bank. In practice you mostly see the code on international invoices, in payment forms and on the account details of Oldenburgische Landesbank AG customers.

On this page you can read what the code means, when it matters and which other details a transfer to or from Oldenburgische Landesbank AG requires. The SWIFT code on its own cannot identify a personal account; for that you need the account number or IBAN .

Oldenburgische Landesbank AG: head office code versus branch codes

Having 34 codes in 32 locations, Oldenburgische Landesbank AG belongs to the banks that register separate codes for branches. The head office code is OLBODEH2XXX.

Usually there is no need to look up a branch: payments sent to OLBODEH2XXX are routed within Oldenburgische Landesbank AG without problems. When you receive a branch code, stick to it instead of replacing it for the head office code.

If you are not sure, check with the recipient for the exact BIC in their bank details. Codes for branches are more likely to change than OLBODEH2XXX when a bank merges or closes offices.

Watch out for payment fraud

Fraudsters often send fake invoices containing changed bank details. A valid SWIFT code says nothing about who owns the account: scammers use real codes of real banks.

Check new payment details through a different channel, such as a phone number you already know, not by replying to the message. Pressure and requests to keep it quiet tend to be red flags; a genuine business can wait for you to check. If a payment was sent to a fraudster, call your bank right away: the sooner they act, the better the chance of a recall.

Recipients are targeted too: one known trick is an overpayment and then sends a request to send back the difference abroad. A payment confirmation from the sender proves nothing.

Is OLBODEH2 still correct? How to check

Have the recipient send you the account details directly from their banking app. If the code you have does not match OLBODEH2 or OLBODEH2XXX, stop and ask – contact the recipient or Oldenburgische Landesbank AG.

Mistakes in the BIC are costly rather than fatal: often the payment comes back, minus fees. Remember the account number: a mistake there can be harder to undo than a wrong BIC.

Many banking apps check the format of IBANs – that confirms the format, not the owner. Where available, a payee name check before sending gives extra certainty. For a first payment, some people start with a small test amount before sending the rest.

Paying into Oldenburgische Landesbank AG in EUR

The local currency of Germany is the Euro (EUR). A payment in a foreign currency will be converted into EUR before it reaches the account. There is rarely a separate line for that conversion.

Where the conversion happens has an effect on how much arrives, since every bank sets its own rate. Transferring the amount directly in EUR often prevents an extra conversion at the receiving end.

Exchange rates change all the time, and some providers let you lock in a rate. On larger amounts, even small gap in the rate can be worth more than the fee.

Incoming international payments to Oldenburgische Landesbank AG

For an international payment at Oldenburgische Landesbank AG, the sender needs not just the SWIFT code. In practice that means: your name exactly as it appears on the account, your account number or IBAN, the BIC OLBODEH2XXX and usually your postal address.

It helps to add the bank name and Oldenburg as well, because some payment forms have separate fields for them. Double-check every detail before you share them – a sender rarely spots a mistake in someone else’s details.

What lands in your account can be less than the amount sent. 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. On invoices, it is common to state who bears the costs.

When will the money arrive at Oldenburgische Landesbank AG?

An international transfer usually needs one to a few business days, depending on the currency, the route and the banks involved. Weekends and public holidays in the sending or receiving country add a day or more, since banks do not process on those days. Occasionally a bank asks what the payment is for before releasing it.

When a payment takes longer than expected, ask your bank for the tracking status and the transaction reference. Keep your transfer receipt until the money has arrived.

If a payment has not arrived within the expected time, the sender should start with the bank that sent it, not the receiving bank. Request from the sender a copy of the payment confirmation with the date and reference; that often settles the question quickly.

Do you need OLBODEH2 for a SEPA transfer?

Germany is a member of the Single Euro Payments Area (SEPA), the zone for uniform euro payments. For a regular euro transfer from another SEPA country, you normally only need the IBAN and the BIC is often filled in automatically.

You will still need OLBODEH2XXX when sending payments in other currencies or money from outside the SEPA area. Some banks and apps still show a field for the BIC; in that case, enter OLBODEH2 or OLBODEH2XXX.

SEPA transfers usually arrive within one business day; instant payments are faster if both banks offer them. Charges on SEPA payments tend to be low as long as everything stays in euros.

Sending money abroad from Oldenburgische Landesbank AG

The price of a payment abroad is made up of more than one component. There is the transfer fee, possibly fees charged by intermediary banks along the way and, most importantly, the exchange rate markup.

The markup on the rate is often the biggest cost even though it is not listed as a fee. An easy check: put the rate you get next to the mid-market rate for the same moment and look at the difference.

For a lot of currency pairs, a specialist provider is less expensive than a traditional bank transfer. GoldexPay compares the amount that arrives across providers, which makes the cheapest option easy to spot. Using a transfer service does not mean closing your account at Oldenburgische Landesbank AG: you simply pay the service from your account.

About this information

The codes on this page come from publicly available data that we update regularly. Still, banks merge or retire codes and our data may lag behind. Figures such as the number of codes are from our own dataset.

For any payment that matters, always check the code with Oldenburgische Landesbank AG or the recipient. GoldexPay is not affiliated with Oldenburgische Landesbank AG; we are a comparison site for money transfers. Should you notice something that is out of date, we welcome a short note via the contact page.

8 or 11 characters: OLBODEH2 versus OLBODEH2XXX

The layout of a BIC is always the same: a bank code of four letters, a two-letter country code and a two-character location code. The result is OLBODEH2, the short form of the code.

XXX at the end of OLBODEH2XXX is not a placeholder or a mistake: it stands for the main office of Oldenburgische Landesbank AG. Some banking apps insist on 11 characters, and then you simply add XXX after OLBODEH2.

Leave out spaces when you type OLBODEH2; the code is always written in one block. A single character may route a payment to a different institution, so check it twice.