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SWIFT/BIC code GENODEF1KOY

GENODEF1KOY belongs to Volksbank EG in Bitterfeld, Germany.

GENODEF1KOY

Code details

SWIFT/BIC codeGENODEF1KOY
8-character codeGENODEF1
Branch codeKOY
BankVolksbank EG
Branch—
CityBitterfeld
CountryGermany

The way the Volksbank EG SWIFT/BIC works

A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:

GENO 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.
KOY 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 bank uses BIC GENODEF1KOY?

GENODEF1KOY is the SWIFT/BIC code of Volksbank EG, a unit of Volksbank EG in Bitterfeld, Germany. Use this branch code only when the recipient or their bank explicitly asks for it.

What is the best way to send money to Volksbank EG in Germany?

Banks often add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Euro with specialist providers before you send – the difference can be large.

What happens if I use GENODEF1KOY with a typo?

The payment may be delayed, returned or charged extra fees. Double-check GENODEF1KOY with the recipient before sending.

What do the letters in GENODEF1KOY mean?

GENO is the bank code of Volksbank EG, DE is the ISO code of Germany, F1 is the code for the city or region and KOY is the code of the department Volksbank EG.

Can I use GENODEF1 instead of GENODEF1KOY?

GENODEF1 is the main office of Volksbank EG, while GENODEF1KOY points to Volksbank EG. Most international transfers work with the head office code, but use GENODEF1KOY if the recipient asks for it.

Do I need GENODEF1KOY to send euros to Germany?

Germany belongs to the SEPA area. When you send euros the IBAN normally suffices. For other currencies you still need GENODEF1KOY.

Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.