Raiffeisenbank Kissing-Mering EG SWIFT/BIC code

GENODEF1 – the SWIFT/BIC code of Raiffeisenbank Kissing-Mering EG

Whether a recipient gives you GENODEF1 or GENODEF1MRY, it is the same identifier for Raiffeisenbank Kissing-Mering EG in Germany. A SWIFT code tells the sending bank which institution should receive the money, a bit like a postal address for banks. In daily life you usually come across the code on international invoices, in payment forms and on the account details of Raiffeisenbank Kissing-Mering EG customers.

This page is meant to help anyone who sends money to an account at Raiffeisenbank Kissing-Mering EG without mistakes. A SWIFT code identifies an institution, not a single account, which is why you always need the account number too.

Euro transfers to Raiffeisenbank Kissing-Mering EG: is a BIC needed?

Within the SEPA zone, euro transfers to an account in Germany follow the same rules and in most cases need only the IBAN. The BIC field is often optional for those payments.

Outside the euro and for senders outside SEPA, GENODEF1MRY is still required. A few banks and apps also show a field for the BIC out of habit; in that case, enter GENODEF1 or GENODEF1MRY.

Euro payments within SEPA normally land by the next business day; instant payments are faster if both banks offer them. Fees for SEPA transfers are generally low, as long as no currency conversion is involved.

Paying into Raiffeisenbank Kissing-Mering EG in EUR

The currency in Germany is the Euro (EUR). Money sent in a different currency is converted into EUR on its way to Raiffeisenbank Kissing-Mering EG – and the bank that does it picks the rate. Each conversion eats into the amount, even when no fee is shown.

Where the conversion happens affects how much arrives, as rates and margins differ per bank. Sending the amount directly in EUR usually avoids a second conversion – as long as your own rate is good.

Rates for EUR move during the day. With bigger transfers, even seemingly small difference in the rate adds up quickly.

International transfers from Raiffeisenbank Kissing-Mering EG: the real cost

An international bank payment costs rather more than the listed fee. There is the transfer fee, possibly charges from correspondent banks in between and, above all, the margin on the exchange rate if the currency changes.

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 next to the mid-market rate for the same moment and work out the difference on your amount.

For many currency pairs, a specialist provider turns out to be less expensive than a traditional bank transfer. Before your next transfer, it is worth comparing what arrives via GoldexPay rather than accepting the bank’s rate by default. You can still keep your account at Raiffeisenbank Kissing-Mering EG; only the conversion and sending happen elsewhere.

Verifying the SWIFT code of Raiffeisenbank Kissing-Mering EG

The best place to find the right code is paperwork issued by the bank. Compare it with GENODEF1 here and ask if anything does not match.

Errors in the SWIFT code tend to be annoying rather than disastrous – usually the money comes back, minus fees and time lost. An error in the IBAN or account number is a bigger problem because it can reach the wrong person; check it just as carefully.

Most online banking apps check the structure of IBANs and sometimes look up the BIC automatically, but that does not prove the account belongs to the right person. Where available, a name check before sending adds an extra layer of safety. Sending a small amount first can be worth it for a large first payment.

About this information

We gather bank codes using public sources and update them regularly. It can happen that a code on this page is out of date. Counts and locations are from our own dataset and are not confirmed by Raiffeisenbank Kissing-Mering EG.

Before any payment of any size, check the code with Raiffeisenbank Kissing-Mering EG or the recipient. GoldexPay has no connection to Raiffeisenbank Kissing-Mering EG. Should you notice a mistake, we appreciate a message.

Choosing between the 2 SWIFT codes of Raiffeisenbank Kissing-Mering EG

Raiffeisenbank Kissing-Mering EG uses 2 separate SWIFT/BIC codes. One of them is the head office code; the others identify branches, and sometimes specific services.

For most payments to a private or business account, the head office code GENODEF1MRY works fine. Branch codes are only needed when the account holder specifically mentions it.

Not sure which code to use? Ask the recipient, or look at a recent statement from Raiffeisenbank Kissing-Mering EG. Branch codes can change when banks reorganise.

Watch out for payment fraud

Be wary when someone unexpectedly asks you to send money to a different account. The fact that GENODEF1 exists is no guarantee that a request mentioning it is genuine; criminals use the codes of real banks too.

Verify new payment details via a separate channel, never via the email that asked for the change. Pressure or secrecy 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.

Fraud also target the receiver: someone claims to have sent more than agreed and wants you to return the extra. Wait until the money has really arrived – ask Raiffeisenbank Kissing-Mering EG if something looks wrong.

Transfer times and tracking a payment to Raiffeisenbank Kissing-Mering EG

How fast a transfer reaches Raiffeisenbank Kissing-Mering EG is determined by a few things: the currency, the number of banks in between, cut-off times and differences in time zone. Bank holidays in either country can add extra days, since banks do not process on those days. Sometimes a bank wants to know about the purpose of a payment, which can hold things up.

A growing number of banks are connected to SWIFT gpi, which lets them follow a payment from bank to bank. Every gpi transfer carries a unique transaction reference, the UETR, which your bank can use to see where the money is. Money transfer services often show a status online showing where the money is.

A delayed transfer has to be traced from the sending side, using the payment confirmation. As a recipient, you can look at your account for a slightly lower amount, since fees may have been deducted.

What the XXX in GENODEF1MRY means

The layout of a BIC is always the same: four characters for the institution, two for the country and a two-character location code, plus an optional branch code. Combined, these eight characters form GENODEF1.

Many banks and apps work with both lengths. If a form asks for eleven characters, use GENODEF1MRY; if it wants eight, use GENODEF1.

Do not add spaces when you type GENODEF1 or GENODEF1MRY. A single character may route the money to another bank, so copy it carefully.

Incoming international payments to Raiffeisenbank Kissing-Mering EG

For a transfer from abroad into your account at Raiffeisenbank Kissing-Mering EG, the person paying you has to have not just the SWIFT code. What they need is: your name, account number or IBAN, GENODEF1MRY and often your postal address.

The sender’s bank may request the bank address of Raiffeisenbank Kissing-Mering EG; the head office in Dasing is usually fine. Double-check every detail before you share them – a sender rarely spots a mistake in someone else’s details.

Do not be surprised if the incoming amount is below the amount on the sender’s receipt. Intermediary banks may deduct a fee, Raiffeisenbank Kissing-Mering EG may charge for incoming payments, and when currencies differ, a markup on the rate applies. On invoices, you can agree how the fees are split, so that nobody is left short.