Raiffeisenbank Stauden EG SWIFT/BIC code

What GENODEF1 means for a payment to Raiffeisenbank Stauden EG

The 8-character code GENODEF1 and the full code GENODEF1LST identify one and the same institution: Raiffeisenbank Stauden EG in Langenneufnach, Germany. A SWIFT code tells the sending bank which institution should receive the money, much like a postcode for banks. You will need it mostly for payments that cross a border.

This page is meant to help people who pays into an account at Raiffeisenbank Stauden EG. The SWIFT code alone cannot identify a personal account; that is what the account number or IBAN is for.

Tracking a transfer to or from Raiffeisenbank Stauden EG

There is no fixed answer for international payments: many arrive the same day or the next, others take several business days. Payments made after the cut-off time or just before a weekend or public holiday usually start the next business day. Compliance checks on larger or unusual payments may also cause some delay, regardless of the details.

A growing number of banks are connected to SWIFT gpi. Each gpi transfer carries a unique reference, the UETR, which your bank can use to see where the money is. Keep your transfer receipt until the money has arrived – you will need it for any trace request.

A delayed transfer has to be investigated by the sending bank, using the payment confirmation. Request from the sender the payment receipt including the reference – it helps your own bank look for the money.

Paying into Raiffeisenbank Stauden EG in EUR

Germany pays in the Euro. Money sent in a different currency will be exchanged into EUR. You rarely see a separate line for that conversion.

Who does the conversion affects the final amount, as rates and margins differ per bank. In many cases you pay less if you send EUR straight away via a provider with a good rate rather than letting the receiving bank convert.

Exchange rates move during the day, and some providers let you lock in a rate. On larger amounts, a small difference in the rate adds up quickly.

Watch out for payment fraud

Stay alert if someone unexpectedly asks you to send money to another account or a bank in another country. A correct SWIFT code tells you nothing about who owns the account.

Always verify changed bank details through a phone call on a number you know, not one from the message. Watch out for time pressure, odd spelling or an email address that differs by one letter. Already paid? Call the bank you paid from without delay and have them try to recall the payment and report the fraud.

People receiving money are targeted too: one known trick is an overpayment and then sends a request to refund the difference to another account. A screenshot of a transfer proves nothing.

Head office or branch code at Raiffeisenbank Stauden EG?

With 2 codes in 2 locations, Raiffeisenbank Stauden EG belongs to the banks that use separate codes for branches. The head office code is GENODEF1LST.

Usually you do not need to pick a branch: payments addressed to GENODEF1LST reach Raiffeisenbank Stauden EG without problems. A branch code only makes sense when the recipient’s bank specifically mentions it, which is more common for corporate accounts and trade services.

When in doubt, check with the recipient for the exact BIC in their bank details. Codes can change over time, so a code from an old document is not always valid.

Sending money abroad from Raiffeisenbank Stauden EG

When you transfer money abroad via Raiffeisenbank Stauden EG, the fee you see is rarely all of what you pay. On top of the transfer fee, banks in between may take a cut, and when the money changes currency the bank usually uses a rate below the real market rate.

Most of the cost usually sits in the exchange rate: many banks convert at a rate that includes a margin. A simple test: put the bank’s rate against the mid-market rate and work out the difference on your amount.

Specialist money transfer services frequently use rates closer to the mid-market rate with clearer fees. On GoldexPay you can compare the amount that arrives across services, which makes the cheapest option easy to spot. You can still keep your account at Raiffeisenbank Stauden EG, while a cheaper service handles the conversion.

How up to date is this code?

Our SWIFT/BIC directory is compiled from public sources and we update it periodically. It can happen that information on this page is no longer current after a merger or reorganisation. Counts and locations come from our directory and may differ from what Raiffeisenbank Stauden EG publishes.

Before a payment that matters, confirm the code with Raiffeisenbank Stauden EG or the recipient. We are an independent comparison service and not part of Raiffeisenbank Stauden EG. Found an error? Tell us through the contact page.

Receiving money from abroad at Raiffeisenbank Stauden EG

Someone abroad who wants to pay you needs a few details from you, and missing ones are a common cause of delays. In practice that means: your full name as registered with Raiffeisenbank Stauden EG, your IBAN or account number, the SWIFT/BIC code GENODEF1LST (or GENODEF1) and sometimes your address.

Some banks want the address of Raiffeisenbank Stauden EG, so keep it at hand. A typo in the IBAN can be more trouble than it looks, so copy the details from your online banking.

An incoming payment will not always arrive in full. Intermediary banks may deduct a fee, and when currencies differ, an exchange rate margin comes on top. Agree with the sender who covers the fees before the money is sent.

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

A SWIFT code is built from fixed blocks: characters one to four stand for the bank, the next two show the country and characters seven and eight indicate the location. For Raiffeisenbank Stauden EG, the 8-character core is GENODEF1.

Most banks and apps accept either length. If yours requires eleven characters, enter GENODEF1LST.

In practice the code is typed in capitals and without spaces. Look out for O versus 0 and I versus 1.

Is GENODEF1 still correct? How to check

The safest source for the BIC is the recipient’s own bank details. If the code you have differs from GENODEF1 or GENODEF1LST, do not guess.

An incorrect BIC can cause delays, a payment being sent back or extra fees. An error in the IBAN or account number is more serious because it can reach the wrong person; check it just as carefully.

Many banking apps check the structure of an IBAN and sometimes look up the BIC automatically – that confirms the format, not the owner. If your bank offers it, a payee name check on the recipient gives extra certainty. A small test payment can be worth it for large sums, even if it costs an extra fee.

Euro transfers to Raiffeisenbank Stauden EG: is a BIC needed?

Within the SEPA zone, euro payments to Raiffeisenbank Stauden EG follow common rules, so the IBAN does the job in most cases. A field for the BIC is often optional in that case.

A SWIFT code like GENODEF1 does come into play for payments in other currencies and when the money comes from outside SEPA. A few forms also show a field for the BIC; if so, fill in GENODEF1.

Instant payments in euros are widely supported across SEPA; check with Raiffeisenbank Stauden EG whether it applies to your account. As long as the payment stays in euros, the transfer tends to be inexpensive; it is the conversion that costs money.