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What is SWIFT Code?

SWIFT code is a standard format of Bank Identifier Codes (BIC) and serves as a unique identifier for a bank or financial institution.

These codes are used when transferring money between banks, particularly for international wire transfers. On top of that, the code is used to transmit messages between financial institutions and banks.

The SWIFT code can be either 8 or 11 characters long and 8 digits code refers to the primary office. The format of SWIFT Code is as follows;

AAAA BB CC DDD

  • The first 4 characters ("AAAA") specify the bank. Only letters are allowed.
  • The next 2 characters ("BB") specify the country. It use the format of ISO 3166-1 alpha-2 country code.
  • The next 2 characters ("CC") specify the location. Letters and digits are allowed. Passive participant will have "1" in the second character
  • The last 3 characters ("DDD") specify the branch. This is an optional. A 'XXX' refer to primary office. Letters and digits are allowed.

VOLKSBANK RAIFFEISENBANK NAHELAND EG SWIFT Code, IDAR-OBERSTEIN



Details information for VOLKSBANK RAIFFEISENBANK NAHELAND EG in IDAR-OBERSTEIN


Item Description
SWIFT Code

GENODE51IDO
Bank VOLKSBANK RAIFFEISENBANK NAHELAND EG
Branch Name
Address OTTO-DECKER-STRASSE 18
City IDAR-OBERSTEIN
Postcode 55743
Country Germany



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