Raiffeisenbank Oldenburg EG SWIFT/BIC code

Raiffeisenbank Oldenburg EG SWIFT code: RAOGDE81

If an invoice shows RAOGDE81 or RAOGDE81XXX, it is the same address for Raiffeisenbank Oldenburg EG in Germany. Banks worldwide use BIC codes to route international transfers to the right bank. It comes up mostly for transfers between countries or a currency.

This page is meant to help anyone who pays into an account at Raiffeisenbank Oldenburg EG without mistakes. The SWIFT code alone cannot identify an individual account holder; for that you need the account number or IBAN is for.

Changed bank details? Be careful

Stay wary when a contact unexpectedly asks you to pay into a different account or a bank in another country. A valid SWIFT code says nothing about who owns the account: scammers use real codes of real banks.

Check changed payment details through a different channel, such as a phone number you already know, never via the email that asked for the change. Urgency and requests to keep it quiet tend to be red flags; a genuine business can wait for you to check. Acted too fast? Call your bank without delay and have them try to recall the payment; also report it to the police.

Recipients can be targeted as well: one known trick is an overpayment and then sends a request to refund the difference abroad. Wait until the money has really arrived and check with Raiffeisenbank Oldenburg EG if anything seems off.

Sending money abroad from Raiffeisenbank Oldenburg EG

When you send money to another country from Raiffeisenbank Oldenburg EG, the visible fee is rarely all of the cost. Besides the transfer fee, banks in between can 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, rather than in the fee: the bank converts using an exchange rate that includes a margin. A simple test: set the bank’s rate against the mid-market rate for the same moment and work out the difference on your amount.

For a lot of currency pairs, a transfer service is cheaper than a bank – mostly thanks to the rate. Next time you send money, it is worth comparing what arrives on GoldexPay. Using a transfer service does not require leaving Raiffeisenbank Oldenburg EG – you pay the provider from your own account.

When will the money arrive at Raiffeisenbank Oldenburg EG?

How fast a transfer reaches Raiffeisenbank Oldenburg EG depends on several factors: which currency you send, how many intermediary banks are involved, cut-off times and time zones. Transfers sent after the cut-off time or just before a weekend or public holiday usually start the next business day. Sometimes a bank asks about the purpose of a payment before releasing it.

If the money seems delayed, ask your bank for the tracking status or the UETR; with that reference banks can see where the payment is. Specialist transfer services usually provide tracking online showing where the money has got.

A delayed transfer is traced from the sending side. Request from the sender the payment receipt including the reference.

Choosing between the 2 SWIFT codes of Raiffeisenbank Oldenburg EG

Having 2 codes, Raiffeisenbank Oldenburg EG is one of the banks that register individual codes for parts of the organisation. The head office code remains RAOGDE81XXX.

Usually you do not need to pick a branch: transfers addressed to RAOGDE81XXX are routed within Raiffeisenbank Oldenburg EG without problems. Branch codes are only needed when the account holder explicitly mentions it.

If you are not sure, ask the person you are paying for the exact BIC in their bank details. Branch codes are sometimes changed or retired over time, so do not rely on old paperwork.

How to check RAOGDE81 before you pay

Have the recipient send you their account details directly from their banking app. Check it against RAOGDE81 on this page; if they differ, ask before you pay.

A wrong SWIFT code can cause delays, a payment being sent back or extra fees along the way. Do not forget the IBAN: a mistake there can be harder to correct than a wrong code.

An automatic check in your banking app only confirms that the IBAN is valid – not that it belongs to the person you mean to pay. Some banks now check the payee name with the account before you confirm; take any warning seriously. For a first payment, many people send a small amount first.

Why Raiffeisenbank Oldenburg EG has an 8- and an 11-character code

A SWIFT code is made up of a few fixed parts: characters one to four stand for the bank, characters five and six show the country and the two after that indicate the location. The result is RAOGDE81 for Raiffeisenbank Oldenburg EG.

XXX at the end of RAOGDE81XXX does not stand for a placeholder or a mistake: it indicates the main office of Raiffeisenbank Oldenburg EG. Some banking apps ask for 11 characters, and then you can add XXX behind RAOGDE81.

Do not add spaces when you enter RAOGDE81. Watch for the letter O and the digit 0 and the letter I and the digit 1.

Do you need RAOGDE81 for a SEPA transfer?

Within the SEPA zone, euro transfers to an account in Germany use common rules, so the IBAN does the job in most cases. A field for the BIC is usually optional or missing in that case.

Outside the euro and from non-SEPA countries, RAOGDE81XXX or RAOGDE81 is still part of the payment details. A few forms still ask for the BIC; in that case, enter RAOGDE81.

SEPA transfers normally land by the next business day; instant payments are faster if both banks offer them. Provided the payment stays in euros, a SEPA transfer is cheap; it is the conversion that costs money.

What to give a sender who pays you at Raiffeisenbank Oldenburg EG

To receive an international payment into your account at Raiffeisenbank Oldenburg EG, the sender has to have not just the SWIFT code. Give them your name as the bank knows it, the IBAN or account number, the BIC RAOGDE81XXX and your address.

Their bank might also ask for the address of your bank; the head office in Oldenburg is usually fine. Check the details before you send them, because the sender’s bank usually copies them as is.

What lands in your account can be lower than what was sent. Charges on incoming payments differ from bank to bank. Make clear with the sender who covers the fees.

A note on our data

The details on this page come from publicly available data that we update regularly. Institutions merge, close branches and retire codes, and a directory never catches every change immediately. The figures on this page reflect our own data.

Before any payment that matters, confirm the code with Raiffeisenbank Oldenburg EG or with the recipient. GoldexPay is not affiliated with Raiffeisenbank Oldenburg EG, we only compare transfer services. If you notice something that is out of date, we welcome a message via the contact page.

Euro (EUR) and conversion costs

The national currency in Germany is the Euro (EUR). When you pay money in a different currency gets converted somewhere along the way – by your bank, by Raiffeisenbank Oldenburg EG or by a bank in between. There is rarely a separate charge for that conversion – the cost sits in the rate.

Who does the conversion has an effect on the final amount, since every bank sets its own rate. Transferring the money directly in EUR often prevents an extra conversion, provided the rate you get is fair.

The EUR rate changes constantly. If you pay regularly, small differences in the rate add up over time.