Volksbank Raiffeisenbank Starnberg-Herrsching-Landsberg EG SWIFT/BIC code

What VORBDE71 means for a payment to Volksbank Raiffeisenbank Starnberg-Herrsching-Landsberg EG

The short code VORBDE71 and the 11-character code VORBDE71XXX identify one and the same institution: Volksbank Raiffeisenbank Starnberg-Herrsching-Landsberg EG, with its head office in Wessling. Every bank on the SWIFT network uses BIC codes to route international transfers to the correct institution. In practice you usually see the code on international invoices, in your banking app and in the bank details of Volksbank Raiffeisenbank Starnberg-Herrsching-Landsberg EG customers.

Below we go through the practical questions: money coming in from abroad, paying someone in another country and how to verify the code before you confirm a payment. The SWIFT code alone cannot identify an individual account holder; for that you need the IBAN or account number is for.

Watch out for payment fraud

Scammers often send fake invoices containing changed bank details, sometimes in an email that looks completely genuine. A valid SWIFT code says nothing about who owns the account: scammers use real codes of real banks.

Never trust a phone number in the same message that contains the change. Be suspicious of urgent requests, odd spelling or a sender address that is slightly off. If money was sent to a fraudster, call your bank right away – speed improves the chance of getting it back.

People receiving money are targeted too: a classic trick is a buyer who pays too much and then sends a request to send back the difference. A screenshot of a transfer proves nothing – check your own account.

VORBDE71 or VORBDE71XXX – which one to use?

Each SWIFT/BIC code has an 8-character core: four letters for the bank, two letters for the country and a two-character location code. In this case, that core is VORBDE71.

The 11-character version adds three more characters that identify a branch or department. When those three characters are XXX, they simply mean the head office.

As a rule the code is written in capitals, without spaces or dashes. Watch for the letter O and the digit 0 or the letter I and the digit 1.

Getting paid from abroad into a Volksbank Raiffeisenbank Starnberg-Herrsching-Landsberg EG account

A sender in another country will ask for several details about your account, and missing ones are a common cause of delays. The basics are: the account holder’s name, IBAN or account number, VORBDE71XXX or VORBDE71 and in many cases your postal address.

The sender’s bank might request the bank address of Volksbank Raiffeisenbank Starnberg-Herrsching-Landsberg EG. A typo in the IBAN is more trouble than you might think.

Money from abroad does not always arrive for the full amount. Correspondent banks can take a fee and your own bank may charge for processing, and if the currency changes, an exchange rate margin comes on top. On invoices, you can agree how the fees are split to avoid a shortfall.

How to check VORBDE71 before you pay

The most reliable place for the right code remains paperwork issued by the bank, such as a statement or the account details in online banking. Compare it with VORBDE71 here; if they differ, ask before you pay.

An incorrect BIC may lead to a delay, a returned payment or additional charges along the way. Remember the IBAN: a mistake there can be harder to correct than a wrong code.

An automatic check in your banking app merely tells you that the code exists, not that it is the right account. Some banks now check the payee name against the account before you confirm. When you pay someone new, some people start with a small test amount.

International transfers from Volksbank Raiffeisenbank Starnberg-Herrsching-Landsberg EG: the real cost

What you pay for an international transfer is made up of several parts, and the transfer fee is only the most visible one. You pay the transfer fee, sometimes fees charged by intermediary banks along the way and, above all, the exchange rate markup.

Many banks do not show their exchange rate markup as a cost. Compare the rate you are offered with the mid-market rate.

Money transfer services often use rates closer to the mid-market rate with clearer fees. Next time you send money, take a minute to compare what arrives via GoldexPay rather than accepting the bank’s rate by default. Using a transfer service does not require closing your account at Volksbank Raiffeisenbank Starnberg-Herrsching-Landsberg EG.

How long does an international transfer to Volksbank Raiffeisenbank Starnberg-Herrsching-Landsberg EG take?

How fast a payment reaches Volksbank Raiffeisenbank Starnberg-Herrsching-Landsberg EG depends on several factors: which currency you send, the number of banks in between, daily processing deadlines and time zones. Payments made after the cut-off time or on weekends and holidays usually start the next business day. Compliance checks on larger or unusual payments can also add some delay.

Many banks are connected to SWIFT gpi, which lets them follow a payment from bank to bank. Each payment gets a unique reference, the UETR that banks can use to trace it. Money transfer services usually provide tracking in their app showing where the payment has got.

The bank that sent the money can request a trace; the receiving side usually has nothing to trace yet. As a recipient, you can check your account for a partial amount.

Volksbank Raiffeisenbank Starnberg-Herrsching-Landsberg EG: head office code versus branch codes

Volksbank Raiffeisenbank Starnberg-Herrsching-Landsberg EG has 2 separate SWIFT/BIC codes. One of them is the head office code; the others identify branches or departments, and sometimes internal departments.

For the vast majority of incoming transfers, the head office code VORBDE71XXX works fine. When you receive a branch code, use it as it is instead of replacing it for the head office code.

When in doubt, ask the person you are paying for the exact BIC in their bank details. Branch codes are more likely to be retired than VORBDE71XXX.

Where our SWIFT data comes from

We gather SWIFT/BIC codes from publicly available data and check our list from time to time. It is possible that a code here is out of date after a merger or reorganisation. The number of codes we show reflect our own data, not official figures from Volksbank Raiffeisenbank Starnberg-Herrsching-Landsberg EG.

See the information on this page as a handy check, and let the details from the recipient or Volksbank Raiffeisenbank Starnberg-Herrsching-Landsberg EG have the final say. GoldexPay is not affiliated with Volksbank Raiffeisenbank Starnberg-Herrsching-Landsberg EG; we are a comparison site for money transfers. Found outdated information? Let us know via our contact form.

Do you need VORBDE71 for a SEPA transfer?

Within the SEPA zone, euro transfers to Volksbank Raiffeisenbank Starnberg-Herrsching-Landsberg EG follow the same rules and in most cases need only the IBAN. A field for the BIC is usually optional or missing for those payments.

You will still need VORBDE71XXX for non-euro payments or money from outside the SEPA area. Some forms still show a field for the BIC; if so, enter VORBDE71 or VORBDE71XXX.

Instant euro transfers have become increasingly available within SEPA; check with Volksbank Raiffeisenbank Starnberg-Herrsching-Landsberg EG whether it applies to your account. Fees for SEPA transfers 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. If you send money in a different currency, the amount has to be converted at some point: by your bank, an intermediary or Volksbank Raiffeisenbank Starnberg-Herrsching-Landsberg EG itself. Every conversion costs the amount – usually through the rate rather than a fee.

Who converts the money matters, because each party uses its own rate. Check how much EUR arrives with different services; the difference between options can be larger than you expect.

The EUR rate fluctuates throughout the day, so the amount you see is usually only valid for a short time. If you pay regularly, small differences in the rate make a real difference over time.