Raiffeisenbank Am Dreisessel EG SWIFT/BIC code

Raiffeisenbank Am Dreisessel EG SWIFT code: RADEDE71

Whether you are given RADEDE71 or RADEDE71XXX, you are looking at the same address for Raiffeisenbank Am Dreisessel EG in Germany. The code has a single purpose: it makes sure that a cross-border transfer reaches the right bank. In practice you usually see it on international invoices, in payment forms and in the bank details that Raiffeisenbank Am Dreisessel EG provides.

We wrote this page to help anyone who sends money to an account at Raiffeisenbank Am Dreisessel EG and wants to get the details right. Keep in mind that the SWIFT code just identifies the bank, not the person: the IBAN or account number takes care of that.

Do you need RADEDE71 for a SEPA transfer?

Because Germany is in the SEPA zone, a euro payment into Raiffeisenbank Am Dreisessel EG from within the SEPA area usually only needs an IBAN. Most banking apps do not require the BIC for these payments.

For anything other than euros and from non-SEPA countries, RADEDE71XXX remains part of the payment details. If your banking app asks for the BIC anyway, entering RADEDE71 is fine.

Instant euro transfers are widely available across SEPA – whether Raiffeisenbank Am Dreisessel EG offers them for your account is worth checking. As long as no currency is converted, a SEPA transfer tends to be inexpensive.

Before you send: check the Raiffeisenbank Am Dreisessel EG code

Have the recipient send you the bank details directly from their banking app. Check it against RADEDE71 on this page and ask if anything does not match.

An incorrect BIC can cause delays, a returned payment or extra fees. A mistake in the account number can be more serious, because the money may be credited to someone else; check it just as carefully.

Many banking apps check the format of an IBAN and sometimes look up the BIC automatically. More and more banks check the payee name with the account before you confirm; take any warning seriously. A small test payment can be a sensible step for a large first payment.

Paying someone abroad from your Raiffeisenbank Am Dreisessel EG account

If you transfer money abroad through Raiffeisenbank Am Dreisessel EG, the fee you see is only part of what you pay. Besides a fixed fee, correspondent or intermediary banks may deduct a fee, and when currencies are converted, the bank often applies a rate that is less favourable than the real market rate.

The markup on the rate is often the biggest cost even though it is not listed as a fee. An easy check: set the rate you get against the mid-market rate and look at the difference.

Specialist money transfer services often use rates closer to the mid-market rate and lower fees. GoldexPay compares these services side by side, showing what actually arrives for the same amount sent. Choosing a specialist does not mean closing your account at Raiffeisenbank Am Dreisessel EG: you simply pay the service from your account.

About this information

The directory on GoldexPay is based on publicly available sources and we update it periodically. Institutions merge, close branches and retire codes. The number of codes we show reflect what is in our directory, not official figures from Raiffeisenbank Am Dreisessel EG.

Treat our data as a reference, not as the last word – the bank details from the recipient are leading. We are an independent comparison site and not part of Raiffeisenbank Am Dreisessel EG. Found an error? Let us know via our contact form so we can correct it.

Transfer times and tracking a payment to Raiffeisenbank Am Dreisessel EG

There is no single delivery time for every transfer: many arrive within a day while others need several business days. Payments made after the cut-off time or just before a weekend or public holiday often start a business day later. Occasionally a bank asks what the payment is for.

Many banks are connected to SWIFT gpi. Every payment gets a unique reference, the UETR, which your bank can use to see where the money is. Specialist transfer services often show tracking in their app showing how far the money has got.

If the money does not arrive after a few business days, the sender should start with the bank that sent it. Request from the sender the payment receipt including the reference; that often settles the question quickly.

Getting paid from abroad into a Raiffeisenbank Am Dreisessel EG account

Someone abroad who wants to pay you will ask for several details from you, and missing ones are a common cause of delays. Give them the account holder’s name, the IBAN or account number, the BIC RADEDE71XXX and your address.

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

The amount you receive can be less than the amount sent. Correspondent banks can take a fee, Raiffeisenbank Am Dreisessel EG may charge for incoming payments, and when currencies differ, an exchange rate margin applies. On invoices, it is common to agree how the fees are split, so that nobody is left short.

Euro (EUR) and conversion costs

Most accounts at Raiffeisenbank Am Dreisessel EG are usually held in EUR, the local currency of Germany. Money sent in a different currency is exchanged into EUR before it reaches the account. Each conversion costs the amount, even when no fee is shown.

Where the conversion happens affects the final amount, since every bank sets its own rate. Transferring the money directly in EUR usually avoids a second conversion by Raiffeisenbank Am Dreisessel EG – as long as your own rate is good.

Exchange rates change during the day, and some providers let you lock in a rate. For regular payments, small differences in the rate make a real difference over a year.

Changed bank details? Be careful

One of the most common tricks works like this: you receive a message claiming that a supplier has new bank details. That RADEDE71 is a real code is no guarantee that the account is legitimate.

Verify new bank details via a separate channel like a call to a number from an earlier contract, never via the email that asked for the change. 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 the wrong account, contact your bank immediately – speed improves the chance of getting it back.

People receiving money can be targeted as well: a classic trick is an overpayment and then sends a request to send back the difference to another account. Do not act before the money has really arrived and check with Raiffeisenbank Am Dreisessel EG if anything seems off.

8 or 11 characters: RADEDE71 versus RADEDE71XXX

The structure of every SWIFT code never changes: four characters for the institution, two for the country and a two-character location code. Together, those parts make up RADEDE71, the code most people search for.

Many banks and apps work with both lengths. If yours requires eleven characters, enter RADEDE71XXX, otherwise RADEDE71 is fine.

Leave out spaces, dots when you type RADEDE71 or RADEDE71XXX. Watch for O versus 0 or the letter I and the digit 1.

Choosing between the 2 SWIFT codes of Raiffeisenbank Am Dreisessel EG

Raiffeisenbank Am Dreisessel EG has 2 separate SWIFT/BIC codes. Only one is the head office code; the others identify branches or departments.

Unless the recipient tells you otherwise, use RADEDE71XXX. Only use a branch code when the account holder gives you that exact code, for example on an invoice or in their bank details.

The best way is to take the code straight from the account holder’s invoice. Branch codes are sometimes changed or retired when banks reorganise, so a code from an old document is not always valid.