SWIFT/BIC code BGBMDEF1XXX
BGBMDEF1XXX belongs to Braintrade Gesellschaft Fur Borsensysteme Mbh in Frankfurt Am Main, Germany.
Code details
| SWIFT/BIC code | BGBMDEF1XXX |
|---|---|
| 8-character code | BGBMDEF1 |
| Branch code | XXX |
| Bank | Braintrade Gesellschaft Fur Borsensysteme Mbh |
| Branch | Head office |
| City | Frankfurt Am Main |
| Country | Germany |
How the Braintrade Gesellschaft Fur Borsensysteme Mbh SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- BGBM Bank code
- 4 letters that identify the bank.
- DE Country code
- 2 letters for the country (ISO 3166).
- F1 Location code
- 2 characters for the city or region of the head office.
- XXX Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
What bank is behind BIC BGBMDEF1XXX?
The code BGBMDEF1XXX belongs to the head office of Braintrade Gesellschaft Fur Borsensysteme Mbh in Frankfurt Am Main, Germany. Use it when a payment to Braintrade Gesellschaft Fur Borsensysteme Mbh does not need a specific branch.
What does each part of BGBMDEF1XXX stand for?
BGBM is the bank code of Braintrade Gesellschaft Fur Borsensysteme Mbh, DE stands for Germany, F1 is the code for the city or region and XXX marks the main office.
Do I need BGBMDEF1XXX to send euros to Germany?
Germany belongs to the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you do need BGBMDEF1XXX.
How long does a transfer to Braintrade Gesellschaft Fur Borsensysteme Mbh take in Germany?
Euro transfers within SEPA normally arrive the next business day. Transfers in other currencies can take 2–4 business days.
Are BGBMDEF1 and BGBMDEF1XXX the same SWIFT code?
Yes. BGBMDEF1 is the 8-character version of BGBMDEF1XXX. XXX simply means head office, so either version will reach Braintrade Gesellschaft Fur Borsensysteme Mbh in Frankfurt Am Main.
What happens if I enter BGBMDEF1XXX incorrectly?
The payment may be delayed, returned or charged extra fees. Always check BGBMDEF1XXX against the details from Braintrade Gesellschaft Fur Borsensysteme Mbh before sending.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.