Privatbank Reithinger GMBH and Co. KG SWIFT/BIC code

Privatbank Reithinger GMBH and Co. KG SWIFT code: REITDE61

If an invoice shows REITDE61 or REITDE61XXX, it is the identical identifier for Privatbank Reithinger GMBH and Co. KG in Germany. A BIC has a single purpose: it ensures that money from abroad ends up at the right bank. In daily life you mostly come across the code on invoices from abroad, in payment forms and on the account details of Privatbank Reithinger GMBH and Co. KG customers.

Below you will find the practical questions: money coming in from abroad, sending money abroad and how to verify the code before you confirm a payment. The BIC names an institution, not a single account; the IBAN or account number does that.

When will the money arrive at Privatbank Reithinger GMBH and Co. KG?

There is no fixed delivery time for international payments: some arrive within a day while others need several business days. Transfers sent after the cut-off time or just before weekends and holidays often start the next business day. Extra checks on larger or unusual payments may also add a delay.

A growing number of banks are connected to SWIFT gpi, which lets them follow a payment from bank to bank. Each gpi transfer carries a unique transaction reference, the UETR that banks can use to trace it. Specialist transfer services usually provide tracking online showing how far the payment is.

If a payment has not arrived after a few business days, the person who paid should start with their own bank. Ask the sender for the payment receipt including the reference; that often settles the question quickly.

Why Privatbank Reithinger GMBH and Co. KG has an 8- and an 11-character code

Every SWIFT/BIC code has an 8-character core: a four-letter bank code, a two-letter country code and two characters for the location. The result is REITDE61.

The 11-character version has three more characters for a branch or department. When those three characters are XXX, they simply mean the head office, which is why REITDE61XXX and REITDE61 lead to the same place.

Do not add spaces when you enter REITDE61; the code is always written in one block. Copying the code is safer than typing it by hand: a typo can point to another bank.

Which of the 2 codes of Privatbank Reithinger GMBH and Co. KG do you need?

Privatbank Reithinger GMBH and Co. KG has 2 separate SWIFT/BIC codes across 2 cities. One of them is the head office code, REITDE61XXX; the rest belong to branches or departments, and sometimes specific services.

In most cases you do not need to pick a branch: transfers addressed to REITDE61XXX reach Privatbank Reithinger GMBH and Co. KG correctly. Just use a branch code when the recipient explicitly asks for it.

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

Incoming international payments to Privatbank Reithinger GMBH and Co. KG

If you are waiting for a payment from another country, send the payer everything they need in one go. In practice that means: your full name as registered with Privatbank Reithinger GMBH and Co. KG, your IBAN or account number, the SWIFT/BIC code REITDE61XXX (or REITDE61) and, often, your address.

It helps to include the bank name and its city too. Double-check the details before you send them.

Money from abroad will not always land in full. 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 applies. Make clear with the sender who covers the fees.

Paying into Privatbank Reithinger GMBH and Co. KG in EUR

Germany pays in the Euro. A payment in a foreign currency is exchanged into EUR before it reaches the account. Each conversion costs something, even when no fee is shown.

Who converts the money matters. In many cases you pay less to send EUR straight away through a transfer service that converts near the mid-market rate rather than letting the receiving bank convert.

The rate for EUR changes throughout the day and quotes are often valid only for a short time. On larger amounts, a seemingly small gap in the rate can be worth more than the fee.

Do you need REITDE61 for a SEPA transfer?

Germany is a member of the Single Euro Payments Area (SEPA), where euro transfers follow common rules. When you send euros from another SEPA country, you normally only need the IBAN.

For anything other than euros and for senders outside SEPA, REITDE61XXX is still part of the payment details. If your banking app asks for the BIC anyway, adding REITDE61 does no harm.

Instant payments in euros are widely supported within SEPA. As long as the payment stays in euros, a SEPA transfer tends to be inexpensive.

International transfers from Privatbank Reithinger GMBH and Co. KG: the real cost

When you transfer money abroad from Privatbank Reithinger GMBH and Co. KG, the visible fee is rarely all of the cost. On top of a fixed fee, correspondent or intermediary banks can take a cut, and if currencies are converted the bank often applies a rate below the real market rate.

Banks do not show their exchange rate markup as a cost. Compare the rate you are offered against the mid-market rate, the midpoint between buy and sell rates you see on financial sites. The difference is your real conversion cost.

For many currency pairs, a specialist provider turns out to be cheaper than a bank – mostly thanks to the rate. GoldexPay compares transfer providers side by side, showing the amount the recipient gets for the same amount sent. Using a transfer service does not require leaving Privatbank Reithinger GMBH and Co. KG.

Protect yourself against fake payment requests

Be wary when someone suddenly asks you to send money to a different account or a bank in another country. A real 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. Pressure or secrecy tend to be red flags. Already paid? Contact your bank without delay and ask them to start a recall; also report it to the police.

Scams can also work the other way: someone claims to have sent too much and asks you to refund the difference via a different route. A payment confirmation from the sender proves nothing – check your own account.

How up to date is this code?

This directory is based on public sources and we update it periodically. Even so, banks merge or retire codes, so information can be out of date. Figures such as the number of codes come from our directory and are not confirmed by Privatbank Reithinger GMBH and Co. KG.

Before a payment of any size, always confirm the code with Privatbank Reithinger GMBH and Co. KG or the recipient. We are an independent comparison service and not part of Privatbank Reithinger GMBH and Co. KG. Should you notice something that is out of date, we appreciate a short note.

Verifying the SWIFT code of Privatbank Reithinger GMBH and Co. KG

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. Check that code against REITDE61 on this page and ask if anything does not match.

Mistakes in the SWIFT code are costly more than disastrous. An error in the account number is more serious, because the money may be credited to someone else.

Most online banking apps check the format of an IBAN and some suggest the matching BIC, but that does not prove the account belongs to the right person. Where available, a payee name check on the recipient adds an extra layer of safety. Sending a small amount first can be worth it for large sums, even if it costs an extra fee.