Raiffeisenbank Kraichgau EG SWIFT/BIC code

Raiffeisenbank Kraichgau EG SWIFT code: GENODE61

Whether a recipient gives you GENODE61 or GENODE61KIR, you are looking at the same identifier for Raiffeisenbank Kraichgau EG in Germany. A SWIFT code tells the banks handling a payment which institution is meant to get the money, much like a postcode for banks. It comes up mainly when dealing with transfers between countries or a currency.

On this page you can read what the code means, when you need it and which other details you need for a transfer to or from Raiffeisenbank Kraichgau EG. Remember that the SWIFT code only identifies the bank, not the person: the IBAN or account number takes care of that.

Watch out for payment fraud

Stay wary when a contact unexpectedly asks you to send money to another account. That GENODE61 is a real code does not mean that the account is genuine.

Never trust contact details in the same message that contains the new account. Pressure and requests to keep it quiet tend to be warning signs; a genuine business can wait for you to check. Acted too fast? Call the bank you paid from straight away and have them start a recall.

Scams also work the other way: someone sends more than agreed and wants you to return the difference to a new account. A screenshot of a transfer is no proof; only your own account shows what has arrived.

Do you need GENODE61 for a SEPA transfer?

Because Germany is in SEPA, a euro payment to Raiffeisenbank Kraichgau EG from another SEPA country normally only needs an IBAN. Many banks no longer ask for the BIC for these payments.

You still need GENODE61KIR for payments in other currencies or transfers from countries outside SEPA. Some banks and apps also ask for the BIC; if so, fill in GENODE61 or GENODE61KIR.

Instant payments in euros are widely available within SEPA; check with Raiffeisenbank Kraichgau EG whether it applies to your account. Charges on SEPA payments tend to be low as long as everything stays in euros.

The Euro and what conversion costs you

Germany pays in the Euro, code EUR. When you pay another currency gets converted somewhere along the way. Each conversion costs the amount – usually through the rate rather than a fee.

Who converts the payment makes a difference: every bank has its own margin. Check how much EUR arrives via different services.

The EUR rate changes throughout the day and quotes are often valid only for a short time. With bigger transfers, even seemingly small gap in the rate adds up quickly.

What a transfer from Raiffeisenbank Kraichgau EG abroad really costs

A bank transfer abroad can cost more than the fee suggests. Besides the transfer fee, banks in between may take a cut, and if the money changes currency the bank often applies a rate that is less favourable than the real market rate.

Most of the cost usually sits in the exchange rate, not in the fee: the bank converts at a rate with a margin built in. A simple test: set the bank’s rate against the mid-market rate and work out the difference on your amount.

Money transfer services frequently offer rates closer to the mid-market rate and lower fees. Next time you send money, take a minute comparing what arrives on GoldexPay rather than accepting the bank’s rate by default. Choosing a specialist does not mean leaving Raiffeisenbank Kraichgau EG – you pay the provider from your own account.

Head office or branch code at Raiffeisenbank Kraichgau EG?

Our directory lists 2 SWIFT/BIC codes for Raiffeisenbank Kraichgau EG in 2 cities. Besides the head office code GENODE61KIR, you will find codes for individual branches and departments.

In most cases you do not need to pick a branch: transfers addressed to GENODE61KIR are routed within Raiffeisenbank Kraichgau EG without problems. When you receive a branch code, use it as it is rather than replacing it with the head office code.

The best way is to take the code directly from the account holder’s invoice. Branch codes can change over time.

About this information

The details on this page are taken from publicly available data which we refresh regularly. It can happen that information on this page is out of date. Counts and locations come from our directory and may differ from what Raiffeisenbank Kraichgau EG publishes.

For a payment of any size, confirm the code with the recipient’s bank or the recipient. GoldexPay is an independent comparison service and not part of Raiffeisenbank Kraichgau EG. Found outdated information? Let us know via our contact form.

Tracking a transfer to or from Raiffeisenbank Kraichgau EG

A SWIFT payment typically takes anywhere from one to several business days. Payments made late in the day or on weekends and holidays usually go out a business day later. Occasionally a bank wants to know about the purpose of a payment before releasing it.

Many banks are connected to SWIFT gpi. Each gpi transfer gets a unique reference, the UETR that banks can use to trace it. Specialist transfer services often provide a status in their app so you can see how far the payment has got.

If the money does not arrive after a few business days, the person who paid needs to start with their own bank rather than Raiffeisenbank Kraichgau EG. On the receiving end, it helps to check your statements for a partial amount, since fees may have been deducted.

Receiving money from abroad at Raiffeisenbank Kraichgau EG

Someone abroad who wants to pay you will ask for several details from you, and missing ones are a common cause of delays. In practice that means: your full name exactly as it appears on the account, your IBAN or account number, the SWIFT/BIC code GENODE61KIR (or GENODE61) and, often, your postal address.

Their bank may request the address of your bank, in which case the Kirchardt head office is the usual answer. Check the details before you send them – a sender rarely spots a mistake in someone else’s details.

An incoming payment will not always land for the full amount. Charges on incoming payments vary from bank to bank. For business payments, it is common to state who bears the costs, so that nobody is left short.

Is GENODE61 still correct? How to check

Have the recipient send you the bank details directly from a recent statement. If the code you have does not match GENODE61 or GENODE61KIR, do not guess – contact the recipient or Raiffeisenbank Kraichgau EG.

Errors in the BIC are costly rather than fatal. An error in the account number can be more serious.

Most online banking apps validate the format of an IBAN and sometimes look up the BIC automatically, but that does not prove the account belongs to the right person. If your bank offers it, a name check before sending gives an extra layer of safety. For a first payment, many people start with a small amount first before sending the rest.

8 or 11 characters: GENODE61 versus GENODE61KIR

Each SWIFT/BIC code has an 8-character core: four letters for the bank, a two-letter country code and two characters for the location. Combined, these eight characters make up GENODE61.

The full version adds three more characters that identify a branch or department. When those three characters are XXX, they simply mean the head office.

Do not add spaces, dots when you type GENODE61 or GENODE61KIR. Pasting the code beats typing it by hand.