Raiffeisen-Volksbank Fuerth EG SWIFT/BIC code

RAFUDE71 – the SWIFT/BIC code of Raiffeisen-Volksbank Fuerth EG

Whether you are given RAFUDE71 or RAFUDE71XXX, you are looking at the same address for Raiffeisen-Volksbank Fuerth EG in Germany. A BIC does one job: it makes sure that an international payment reaches the right bank. It comes up mainly when dealing with transfers between countries and payments in foreign currencies.

We wrote this page to help people who receives money at an account at Raiffeisen-Volksbank Fuerth EG. The SWIFT code on its own cannot identify a personal account; that is what the IBAN or account number .

Euro transfers to Raiffeisen-Volksbank Fuerth EG: is a BIC needed?

Inside SEPA, euro transfers to Raiffeisen-Volksbank Fuerth EG use common rules, so the IBAN does the job in most cases. A field for the BIC is often optional for those payments.

Outside the euro and from non-SEPA countries, RAFUDE71XXX is still required. If a payment form has a field for the BIC regardless, entering RAFUDE71 is fine.

Instant euro transfers have become widely supported within SEPA – whether Raiffeisen-Volksbank Fuerth EG offers them for your account is worth checking. Provided the payment stays in euros, a SEPA transfer tends to be inexpensive; it is the conversion that costs money.

A note on our data

The directory on GoldexPay draws on publicly available sources and we update it periodically. It is possible that a code on this page is no longer current, for example after a merger. The figures we show are based on our own data and not on information from Raiffeisen-Volksbank Fuerth EG itself.

See our directory on this page as a handy check, and let the details from the recipient or Raiffeisen-Volksbank Fuerth EG have the final say. GoldexPay is an independent comparison service and not affiliated with Raiffeisen-Volksbank Fuerth EG. If you notice something that is out of date, we welcome a message via the contact page.

How long does an international transfer to Raiffeisen-Volksbank Fuerth EG take?

How quickly a payment reaches Raiffeisen-Volksbank Fuerth EG is determined by a few things: which currency you send, the number of banks in between, daily processing deadlines and differences in time zone. Weekends and public holidays in either country can add extra days, since banks do not process on those days. Compliance checks on larger or unusual payments can also cause some delay, regardless of the details.

When a payment takes longer than expected, ask the sending bank for the tracking status and the transaction reference. Specialist transfer services often provide a status in their app showing how far the payment has got.

A delayed transfer has to be traced from the sending side. Ask the sender for the payment receipt.

International transfers from Raiffeisen-Volksbank Fuerth EG: the real cost

If you transfer money abroad through Raiffeisen-Volksbank Fuerth EG, the visible fee is only part of the cost. There is the transfer fee, possibly fees charged by intermediary banks in between and, above all, the margin on the exchange rate if the currency changes.

Many banks do not show their exchange rate markup as a cost – you only notice it if you compare. A simple test: put the bank’s rate next to the mid-market rate and look at the difference.

Specialised transfer providers often offer rates closer to the mid-market rate and lower fees. Before your next transfer, take a minute comparing the total cost via GoldexPay rather than accepting the bank’s rate by default. Choosing a specialist does not mean leaving Raiffeisen-Volksbank Fuerth EG – you pay the provider from your own account.

How to check RAFUDE71 before you pay

The best place to find the right code is paperwork issued by the bank. Check that code with RAFUDE71 here.

A wrong SWIFT code may lead to a delay, a returned payment or extra fees for investigation. A mistake in the account number can be a bigger problem; check it just as carefully.

Many banking apps check the structure of IBANs – that confirms the format, not the owner. If your bank offers it, a payee name check before sending adds an extra layer of safety. When you pay someone new, some people start with a small test amount and wait for confirmation.

Receiving money from abroad at Raiffeisen-Volksbank Fuerth EG

Someone abroad who wants to pay you needs several details from you. That means: your full name exactly as it appears on the account, your account number or IBAN, the SWIFT/BIC code RAFUDE71XXX (or RAFUDE71) and sometimes your postal address.

It helps to add the bank name and Nuernberg too, since some forms ask for it. A typo in the IBAN is harder to fix than it looks; copy them from your banking app rather than typing.

What lands in your account is often lower than what was sent. Correspondent banks can take a fee, and if the currency changes, a markup on the rate applies. For business payments, you can state who bears the costs to avoid a shortfall.

Paying into Raiffeisen-Volksbank Fuerth EG in EUR

Most accounts at Raiffeisen-Volksbank Fuerth EG are usually held in EUR, the national currency. If you send another currency it has to be converted somewhere along the way. Each conversion costs the amount, even when no fee is shown.

Who does the conversion affects how much arrives, as rates and margins differ per bank. Sending the money directly in EUR often prevents an extra conversion.

The EUR rate fluctuates constantly. For regular payments, small differences in the rate make a real difference over a year.

Watch out for payment fraud

Stay wary when a contact unexpectedly asks you to send money to a different account or a bank in another country. That RAFUDE71 is a real code does not mean that a request mentioning it is genuine; criminals use the codes of real banks too.

Before paying, confirm changed bank details by phone on a number you know, not one from the message. Urgency or requests to keep it quiet tend to be warning signs. Acted too fast? Call your bank without delay and ask them to try to recall the payment; also report it to the police.

People receiving money can be targeted as well: a classic trick is a buyer who pays too much and then sends a request to refund the difference abroad. A payment confirmation from the sender proves nothing; only your own account shows what has arrived.

Why Raiffeisen-Volksbank Fuerth EG has an 8- and an 11-character code

A SWIFT code is built from a few fixed parts: the first four letters identify the bank, the next two give the country and the two after that indicate the location. That gives you RAFUDE71 for Raiffeisen-Volksbank Fuerth EG.

XXX at the end of RAFUDE71XXX does not stand for a missing value or an error: it indicates the head office of Raiffeisen-Volksbank Fuerth EG. Certain payment forms insist on 11 characters, in which case you simply enter XXX behind RAFUDE71.

As a rule the code is written in capitals and without spaces. A single character can send the money to another bank, so check it twice.

Choosing between the 3 SWIFT codes of Raiffeisen-Volksbank Fuerth EG

Having 3 codes, Raiffeisen-Volksbank Fuerth EG is one of the banks that use separate codes for branches. The main code is RAFUDE71XXX.

Usually you do not need to pick a branch: payments addressed to RAFUDE71XXX are routed within Raiffeisen-Volksbank Fuerth EG without problems. A branch code only makes sense when the recipient’s bank specifically mentions it.

Unsure which code applies? Ask the recipient or the bank itself. Branch codes can change when banks reorganise, so do not rely on old paperwork.