Raiffeisenbank Aindling EG SWIFT/BIC code

GENODEF1 – the SWIFT/BIC code of Raiffeisenbank Aindling EG

The short code GENODEF1 and the 11-character code GENODEF1AIL refer to one and the same institution: Raiffeisenbank Aindling EG in Aindling, Germany. Every bank on the SWIFT network uses these codes to route payments between countries to the right bank. You will need it mainly for transfers between countries.

On this page we explain how the code is put together, when you need it and which other details you need for a transfer to or from Raiffeisenbank Aindling EG. The SWIFT code alone cannot identify an individual account holder; for that you need the account number or IBAN is for.

A note on our data

Our SWIFT/BIC directory is based on publicly available sources. Institutions merge, close branches and retire codes, and a directory never catches every change immediately. The number of codes on this page reflect what is in our directory.

See our directory here as a helpful check. GoldexPay is not affiliated with Raiffeisenbank Aindling EG. Spotted an error? Tell us through the contact page and we will look into it.

Is GENODEF1 still correct? How to check

Ask the recipient to send you the account details straight from a recent statement. Compare it against GENODEF1 on this page and ask if anything does not match.

With a wrong code, the payment might be delayed, be returned or cost extra – sometimes after weeks of searching. An error in the account number is a bigger problem because it can reach the wrong person.

Most online banking apps check the structure of IBANs and sometimes look up the BIC automatically – that confirms the format, not the owner. Some banks now compare the payee name against the account before you confirm; take any warning seriously. For a first payment, many people start with a small amount first before sending the rest.

Paying Raiffeisenbank Aindling EG in euros within SEPA

Inside SEPA, euro payments to Raiffeisenbank Aindling EG follow common rules, so the IBAN does the job in most cases. A field for the BIC is usually optional or missing in that case.

You will still need GENODEF1AIL for payments in other currencies or transfers from countries outside SEPA. A few banks and apps still ask for the BIC out of habit; in that case, fill in GENODEF1 or GENODEF1AIL.

Instant euro transfers have become widely available within SEPA. Fees for SEPA transfers tend to be low, as long as no currency conversion is involved.

Getting paid from abroad into a Raiffeisenbank Aindling EG account

For an international payment at Raiffeisenbank Aindling EG, the person paying you needs not just the SWIFT code. What they need is: the account holder’s name, IBAN or account number, GENODEF1AIL and, for some countries, your home address.

The sender’s bank might request the address of your bank, in which case the Aindling head office is the usual answer. A typo in the IBAN can be harder to fix than it looks.

Money from abroad will not always arrive in full. Fees for incoming transfers differ from bank to bank; check the price list of Raiffeisenbank Aindling EG. On invoices, it is common to agree how the fees are split, so that nobody is left short.

Raiffeisenbank Aindling EG: head office code versus branch codes

Raiffeisenbank Aindling EG has 2 separate SWIFT/BIC codes. Only one is the head office code, GENODEF1AIL; the others identify branches or departments, and sometimes specific services.

If nobody asks you for a branch code, use GENODEF1AIL or its short form GENODEF1. If you have been given a branch code, stick to it instead of replacing it with the head office code.

The safest approach is to copy the code directly from the account holder’s invoice. Codes for branches are more likely to change than GENODEF1AIL.

Euro (EUR) and conversion costs

Accounts at Raiffeisenbank Aindling EG are typically held in EUR, the national currency of Germany. Money sent in a different currency will be exchanged into EUR – and the bank that does it picks the rate. You rarely see a separate charge for the conversion – the cost sits in the rate.

Who does the conversion affects how much arrives. Compare what EUR the recipient gets via different services before choosing one.

Rates for EUR change all the time. With bigger transfers, even small gap in the rate can be worth more than the fee.

Sending money abroad from Raiffeisenbank Aindling EG

When you transfer money to another country through Raiffeisenbank Aindling EG, the fee you see is rarely all of the cost. You pay the fee for the transfer itself, sometimes charges from correspondent banks in between and, most importantly, the margin on the exchange rate when the money is converted.

Most of the cost usually sits in the exchange rate, not in the fee: the bank converts using an exchange rate with a margin built in. Compare their rate against the mid-market rate, the midpoint between buy and sell rates you see on financial sites; the gap is what conversion costs you.

Money transfer services often offer rates closer to the mid-market rate. Next time you send money, it is worth to compare what arrives on GoldexPay instead of going straight to your bank. Using a transfer service does not require closing your account at Raiffeisenbank Aindling EG: you simply pay the service from your account.

8 or 11 characters: GENODEF1 versus GENODEF1AIL

The structure of every SWIFT code is always the same: a bank code of four letters, a two-letter country code and two for the location. For Raiffeisenbank Aindling EG, that core is GENODEF1.

XXX at the end of GENODEF1AIL does not stand for a placeholder or a mistake: it indicates the main office of Raiffeisenbank Aindling EG. Some forms ask for 11 characters, in which case you simply add XXX behind GENODEF1.

Enter the code as one block, in capitals and without spaces, exactly as shown here. Copying the code beats retyping it.

Watch out for payment fraud

Be wary if a contact unexpectedly wants you to send money to a different account. That GENODEF1 is a real code is no guarantee that the account is genuine.

Always verify a change of bank details by phone on a number you know, not one from the message. Be suspicious of time pressure, unusual wording or an email address that differs by one letter. If a payment was sent to a fraudster, call your bank right away – speed improves the chance of getting it back.

Fraud also work the other way. Someone claims to have sent too much and asks you to return the extra to a new account. A payment confirmation from the sender is no proof; only your own account shows what has arrived.

Tracking a transfer to or from Raiffeisenbank Aindling EG

How quickly a transfer arrives at Raiffeisenbank Aindling EG depends on several factors: which currency you send, how many intermediary banks are involved, daily processing deadlines and differences in time zone. Bank holidays in the sending or receiving country can add extra days, since banks do not process on those days. Compliance checks on larger or unusual payments may also cause a delay.

When a payment takes longer than expected, ask the sending bank for the tracking status. Save the payment confirmation until the recipient confirms; it contains the details a bank needs to start a trace.

If a payment has not arrived after a few business days, the person who paid needs to contact their own bank, not the receiving bank. On the receiving end, it helps to look at your account for a partial amount, since fees may have been deducted.