OLDENBURGISCHE LANDESBANK AG, BIC/SWIFT Code Details
Address: STAU 15-17 OLDENBURG 26122 2605, GERMANY
General instructions for international payments to banks in GERMANY:
Overview: Remitter should obtain all required bank information from the Beneficiary, such as SWIFT BIC, IBAN, and beneficiary bank address. For more information, visit www.bundesbank.de.Country Requirements/Restrictions:Payment Restrictions: Payments exceeding EUR 12,500 between residents and non-residents must be reported to the central bank.Account Restrictions: Residents and non-residents can open and maintain accounts in local (EUR) and foreign currencies both locally and abroad. Account ope ... ning requires authorized signatures and company registration documents.SEPA: Strict SEPA guidelines apply for euro payments. IBAN and SWIFT BIC are essential for all euro transactions, especially for accounts in Germany.Payment Formatting Rules for EUR:Ordering Customer (SWIFT MT103 F50): Include full account details, including the account number, full name (no initials), and address to avoid delays.Beneficiary Customer (SWIFT MT103 F59): Ensure to provide the IBAN, full name (no initials), and address of the beneficiary to prevent delays.Include IBAN numbers for beneficiaries with accounts in Germany in the payment instructions.Beneficiary Bank (SWIFT MT103 F57): Include SWIFT BIC with required branch identifier, full name, and address of the beneficiary bank. SWIFT BIC has 8 or 11 characters (e.g., xxxxDExx or xxxxDExxxxx). SWIFT BIC is essential for routing payments as there are no specific bank clearing codes for cross-border payments. Read more
IBAN: In Germany, the IBAN consists of 22 characters. The structure is 'DE2!n8!n10!n'. An example is 'DE98765432198123456789'. The IBAN includes the country code 'DE', and a check digit followed by a bank sort code and account number.
Standard Settlement Instructions (SSI) contain the list of correspondent banks for each currency.
To track a SWIFT cross-border payment to or from OLDENBURGISCHE LANDESBANK AG, you need a UETR code, reference number, amount, payment date, and currency. This information is typically found in an MT103 form.
We are doing our best to demystify cross-border payments, however Ohmyfin is not responsible for any delays or losses related to usage of the information and services from our web site. Please contact your banks to receive a safe advise. OLDENBURGISCHE LANDESBANK AG may be a registered trademark or intellectual property owned by their respective holder. Their inclusion in this catalog is for informational purposes only and does not imply any affiliation, endorsement, or sponsorship. All rights to such trademarks are reserved by their respective owners.