SWIFT/BIC code BYLADEM1MLM
BYLADEM1MLM belongs to Sparkasse Memmingen-Lindau-Mindelheim in Memmingen, Germany.
Code details
| SWIFT/BIC code | BYLADEM1MLM |
|---|---|
| 8-character code | BYLADEM1 |
| Branch code | MLM |
| Bank | Sparkasse Memmingen-Lindau-Mindelheim |
| Branch | — |
| City | Memmingen |
| Country | Germany |
The way the Sparkasse Memmingen-Lindau-Mindelheim SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- BYLA Bank code
- 4 letters that identify the bank.
- DE Country code
- 2 letters for the country (ISO 3166).
- M1 Location code
- 2 characters for the city or region of the head office.
- MLM 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
Which branch uses SWIFT code BYLADEM1MLM?
BYLADEM1MLM identifies Sparkasse Memmingen-Lindau-Mindelheim, part of Sparkasse Memmingen-Lindau-Mindelheim in Memmingen, Germany. Only use it if the recipient or their bank explicitly asks for it.
How long does a transfer to Sparkasse Memmingen-Lindau-Mindelheim take in Germany?
SEPA payments in euros normally arrive the next business day. Payments in other currencies can take 2–4 business days.
Do I need BYLADEM1MLM to send euros to Germany?
Germany belongs to the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you still need BYLADEM1MLM.
What does each part of BYLADEM1MLM mean?
BYLA is the institution code of Sparkasse Memmingen-Lindau-Mindelheim, DE stands for Germany, M1 is the location code and MLM identifies the branch Sparkasse Memmingen-Lindau-Mindelheim.
Does Sparkasse Memmingen-Lindau-Mindelheim use a single SWIFT/BIC code?
Yes, BYLADEM1MLM is the only SWIFT/BIC code listed for Sparkasse Memmingen-Lindau-Mindelheim in Germany, so you do not need to pick a branch code.
What is the cheapest way to send money to Sparkasse Memmingen-Lindau-Mindelheim?
Many banks add 1–3% to the exchange rate on top of a fee. Compare what you receive in Euro with transfer services before you send.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.