Quirin Bank AG SWIFT/BIC code

BEFFDEB1 – the SWIFT/BIC code of Quirin Bank AG

Whether you are given BEFFDEB1 or BEFFDEB1XXX, you are looking at the same identifier for Quirin Bank AG in Germany. Banks worldwide use BIC codes to direct international transfers to the correct bank. In practice you usually come across it on international invoices, in your banking app and in the bank details of Quirin Bank AG customers.

On this page we explain how the code means, when it matters and what else a transfer to or from Quirin Bank AG requires. The SWIFT code alone cannot identify a personal account; for that you need the account number or IBAN .

International transfers from Quirin Bank AG: the real cost

When you transfer money to another country through Quirin Bank AG, the fee you see is rarely all of what you pay. Besides a fixed fee, banks in between may take a cut, and when the money changes currency, the bank usually applies a rate that is less favourable than the real market rate.

That exchange rate margin is often the largest item even though it is not listed as a fee. A simple test: put the rate you get against the mid-market rate and look at the difference.

Specialised transfer providers frequently offer rates closer to the mid-market rate with clearer fees. Before your next transfer, take a minute to compare what arrives via GoldexPay rather than accepting the bank’s rate by default. You can always use your account at Quirin Bank AG as the source of the money.

Tracking a transfer to or from Quirin Bank AG

There is no fixed answer for every transfer: many land the same day or the next. Bank holidays in the sending or receiving country can add a day or more to the journey. Compliance checks on larger or unusual payments may also cause a delay.

Many banks use SWIFT gpi, which lets them follow a payment from bank to bank. Every gpi transfer gets a unique reference, the UETR that banks can use to trace it. Specialist transfer services often provide a status online so you can see how far the payment has got.

A missing payment is investigated by the sending bank, using the payment confirmation. Ask the sender for the payment receipt; that often settles the question quickly.

Sending EUR to Quirin Bank AG

The currency of Germany is the Euro (EUR). Money sent in a different currency is exchanged into EUR on its way to Quirin Bank AG. Each conversion eats into the amount, even when no fee is shown.

Who does the conversion has an effect on the final amount. Transferring the money already in EUR usually prevents a second conversion, provided the rate you get is fair.

The rate for EUR fluctuates constantly and quotes are often valid only for a short time. For recurring payments, small differences in the rate add up over time.

Do you need BEFFDEB1 for a SEPA transfer?

Germany is part of the SEPA area, the zone for standardised 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 still need BEFFDEB1XXX when sending payments in other currencies or transfers from countries outside SEPA. If your banking app has a field for the BIC anyway, adding BEFFDEB1 does no harm.

Euro payments within SEPA normally land within one business day. Fees for SEPA transfers tend to be low.

Which of the 9 codes of Quirin Bank AG do you need?

Quirin Bank AG uses 9 different SWIFT/BIC codes. Only one is the head office code, BEFFDEB1XXX; the others identify branches or departments, and sometimes internal departments.

Unless the recipient tells you otherwise, go with BEFFDEB1XXX or its short form BEFFDEB1. When you receive a branch code, use it as it is instead of swapping it for the head office code.

The best way is to copy the code straight from the recipient’s invoice. Branch codes are sometimes changed or retired over time, so do not rely on old paperwork.

A note on our data

This directory is compiled from publicly available sources and we update it periodically. Institutions reorganise, close branches and change codes, and a directory never catches every change immediately. The figures we show reflect our own data.

See our directory on this page as a handy check and rely on the recipient or Quirin Bank AG for the final confirmation. GoldexPay has no connection to Quirin Bank AG; we are a comparison site for money transfers. If you notice a mistake, we appreciate a message via the contact page.

Watch out for payment fraud

Fraudsters regularly use fake invoices with changed bank details. A real SWIFT code says nothing about who owns the account – scammers simply use real codes.

Before paying, confirm a change of bank details by phone, using a number you already had. Watch out for time pressure, odd spelling or an email address that differs by one letter. If a payment has already gone to a fraudster, contact your bank immediately.

Recipients can be targeted as well: one known trick is an overpayment and then sends a request to refund the difference abroad. Do not act before the money is actually in your account – ask Quirin Bank AG if something looks wrong.

Receiving money from abroad at Quirin Bank AG

When you are waiting for a payment from another country, send the payer a complete set of details. The basics are: your name, account number or IBAN, BEFFDEB1XXX or BEFFDEB1 and in many cases your home address.

It helps to include the bank name and its city too, since some forms ask for it. A typo in the IBAN is more trouble than it looks; copy them from your banking app rather than typing.

An incoming payment does not always arrive for the full amount. Correspondent banks can take a fee and your own bank may charge for processing, and when currencies differ, an exchange rate margin comes on top. On invoices, you can state who bears the costs.

Before you send: check the Quirin Bank AG code

Have the recipient send you their bank details straight from their online banking. Check that code against BEFFDEB1 on this page and ask if anything does not match.

If the code is wrong, the transfer might get stuck, bounce back or end up costing more. A mistake in the account number is more serious, because the money may be credited to someone else; check it just as carefully.

Many banking apps validate the structure of IBANs and sometimes look up the BIC automatically. Where available, a name check before sending adds extra certainty. For a first payment, many people start with a small test amount before sending the rest.

Why Quirin Bank AG has an 8- and an 11-character code

A SWIFT code is built from fixed blocks: the first four letters stand for the bank, characters five and six give the country and characters seven and eight indicate the location. That gives you BEFFDEB1.

The full version adds three more characters that identify a branch or department. When those three characters are XXX, the code points to the head office, which is why BEFFDEB1XXX and BEFFDEB1 lead to the same place.

Type the code as one block, in upper case and without spaces, exactly as shown here. A single letter may route a payment to another bank.