SWIFT/BIC code BYLADEMMSM1
BYLADEMMSM1 belongs to Bayerische Landesbank, Muenchen in Muenchen, Germany.
Code details
| SWIFT/BIC code | BYLADEMMSM1 |
|---|---|
| 8-character code | BYLADEMM |
| Branch code | SM1 |
| Bank | Bayerische Landesbank, Muenchen |
| Branch | Target2securities |
| City | Muenchen |
| Country | Germany |
How the Bayerische Landesbank, Muenchen 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).
- MM Location code
- 2 characters for the city or region of the head office.
- SM1 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 BYLADEMMSM1?
BYLADEMMSM1 identifies Target2securities, a unit of Bayerische Landesbank, Muenchen in Muenchen, Germany. Only use it if the account is held at this specific branch.
What does each part of BYLADEMMSM1 stand for?
BYLA is the institution code of Bayerische Landesbank, Muenchen, DE stands for Germany, MM is the code for the city or region and SM1 identifies the branch Target2securities.
Do I need BYLADEMMSM1 to send euros to Germany?
Germany belongs to the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. If you send another currency you still need BYLADEMMSM1.
How long does a transfer to Bayerische Landesbank, Muenchen take?
Euro transfers within SEPA usually arrive within one business day. Payments in other currencies can take 1–3 business days.
What happens if I use BYLADEMMSM1 incorrectly?
Your transfer can bounce, get stuck or cost extra. Double-check BYLADEMMSM1 against the details from Bayerische Landesbank, Muenchen before sending.
What is the best way to send money to Bayerische Landesbank, Muenchen?
Many banks add several percent to the exchange rate on top of a fee. Compare what you receive in Euro with transfer services before you send – the difference can be large.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.