Volksbank Konstanz EG SWIFT/BIC code

GENODE61 – the SWIFT/BIC code of Volksbank Konstanz EG

The 8-character code GENODE61 and the 11-character code GENODE61RAD identify one and the same institution: Volksbank Konstanz EG in Konstanz, Germany. A SWIFT code tells the banks handling a payment exactly which bank should receive the money. It comes up mostly when dealing with transfers between countries.

We wrote this page to help people who sends money to an account at Volksbank Konstanz EG and wants to get the details right. A SWIFT code identifies a bank or branch, never a single account; the IBAN or account number does that.

8 or 11 characters: GENODE61 versus GENODE61RAD

The structure of a BIC is always the same: four characters for the institution, two for the country and a two-character location code, sometimes followed by a branch code. The result is GENODE61.

Most banks and apps work with both lengths. If yours asks for eleven characters, use GENODE61RAD.

Leave out spaces, dots when you enter GENODE61 or GENODE61RAD. Copying the code is safer than typing it by hand: a typo can point to another bank.

Is GENODE61 still correct? How to check

The most reliable source for a SWIFT code is the bank details provided by the recipient – an invoice, a statement or a screenshot from online banking. If the code you have differs from GENODE61 or GENODE61RAD, do not guess: check with the recipient or with Volksbank Konstanz EG directly.

An incorrect BIC can cause a delay, a payment being sent back or extra fees. A mistake in the account number is a bigger problem; check it just as carefully.

A validity check by your bank merely confirms that the IBAN exists, not that it is the right account. If your bank offers it, a payee name check on the recipient adds extra certainty. When you pay someone new, many people send a small amount first.

Volksbank Konstanz EG: head office code versus branch codes

Our database contains 2 SWIFT/BIC codes for Volksbank Konstanz EG. Next to the head office code GENODE61RAD, there are codes for branches, departments or specific services.

For most payments to a private or business account, the head office code GENODE61RAD is what you need. When you receive a specific code, use it as it is instead of replacing it for the head office code.

The best way is to copy the code directly from the recipient’s statement. Codes for branches are more prone to change than the head office code when a bank merges or closes offices.

SEPA payments and the Volksbank Konstanz EG BIC

Since Germany is in the SEPA zone, a euro transfer into Volksbank Konstanz EG from another SEPA country usually only needs the IBAN. Many banks do not require the BIC for these payments.

A SWIFT code like GENODE61 does come into play for payments in other currencies and when the money comes from outside SEPA. If a payment form has a field for the BIC regardless, entering GENODE61 does no harm.

SEPA transfers usually arrive within one business day, and instant transfers in seconds where both banks support them. As long as the payment stays in euros, a SEPA transfer is inexpensive; costs rise once a conversion is involved.

Watch out for payment fraud

A common scam goes like this: an email arrives with a message claiming that a company now has new bank details. That GENODE61 is a real code does not mean that the account is legitimate.

Before paying, verify changed bank details by phone, using a number you already had. Be suspicious of urgent requests, odd spelling or an email address that differs by one letter. Acted too fast? Contact the bank you paid from straight away and ask them to try to recall the payment.

Scams can also work the other way. Someone sends too much and asks you to return the extra via a different route. A screenshot of a transfer is no proof – check your own account.

The Euro and what conversion costs you

Germany uses the Euro (EUR). A payment in a foreign currency will be exchanged into EUR, and whoever converts it chooses the rate. Every conversion eats into something – usually through the rate rather than a fee.

Who does the conversion affects how much arrives, as rates and margins differ per bank. Sending the amount directly in EUR often prevents a second conversion by Volksbank Konstanz EG – as long as your own rate is good.

Rates for EUR change during the day, and some providers let you lock in a rate. With bigger transfers, a seemingly small difference in the rate can be worth more than the fee.

What to give a sender who pays you at Volksbank Konstanz EG

For an international payment at Volksbank Konstanz EG, the sender has to have not just the BIC. What they need is: the account holder’s name, IBAN or account number, GENODE61RAD and often your postal address.

You can include Volksbank Konstanz EG and its city too. Double-check each detail before you share them.

Do not be surprised if the incoming amount is below the amount on the sender’s receipt. Charges on incoming payments differ from bank to bank – the price list of Volksbank Konstanz EG tells you what applies. Make clear with the sender who covers the fees.

How up to date is this code?

The codes here are taken from public sources that we update regularly. Banks reorganise, close branches and retire codes – a directory can be a step behind. The figures on this page reflect our own data.

Use this page as a reference, not as the final word. GoldexPay is independent of Volksbank Konstanz EG. If you notice a mistake, we appreciate a short note.

Sending money abroad from Volksbank Konstanz EG

The price of a payment abroad has more than one component – not just the fee on your screen. On top of the transfer fee, correspondent or intermediary banks can deduct a fee, and when the money changes currency the bank often uses a rate below the actual market rate.

The markup on the rate is often the largest item, and it is easy to miss. Check their rate with the mid-market rate; the gap is what conversion costs you.

For many currency pairs, a transfer service turns out to be less expensive than a traditional bank transfer – mostly thanks to the rate. On GoldexPay we compare what recipients receive across services, so you can pick the cheapest route. You can still use your account at Volksbank Konstanz EG as the source of the money, while a cheaper service handles the conversion.

Transfer times and tracking a payment to Volksbank Konstanz EG

There is no fixed delivery time for international payments: many arrive the same day or the next. Bank holidays in either country can add extra days. Occasionally a bank wants to know what the payment is for.

Many banks use SWIFT gpi, which lets them follow a payment from bank to bank. Every payment gets a unique transaction reference, the UETR that banks can use to trace it. Money transfer services often show a status in their app so you can see where the money is.

A missing payment has to be investigated from the sending side on the basis of the transfer details. As a recipient, you can look at your statements to see a partial amount because fees can reduce the amount.