SWIFT/BIC code GENODEM1ALA
GENODEM1ALA belongs to Volksbank Maerkischen Kreis EG in Werdohl, Germany.
Code details
| SWIFT/BIC code | GENODEM1ALA |
|---|---|
| 8-character code | GENODEM1 |
| Branch code | ALA |
| Bank | Volksbank Maerkischen Kreis EG |
| Branch | — |
| City | Werdohl |
| Country | Germany |
How the Volksbank Maerkischen Kreis EG SWIFT/BIC is built up
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).
- M1 Location code
- 2 characters for the city or region of the head office.
- ALA 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 is behind SWIFT/BIC code GENODEM1ALA?
GENODEM1ALA identifies Volksbank Maerkischen Kreis EG, part of Volksbank Maerkischen Kreis EG in Werdohl, Germany. Use this branch code only when the account is held at this specific branch.
Does Volksbank Maerkischen Kreis EG use only one SWIFT/BIC code?
Yes, GENODEM1ALA is the single SWIFT/BIC code listed for Volksbank Maerkischen Kreis EG in Germany, so you do not need to pick a branch code.
What do the letters in GENODEM1ALA stand for?
GENO is the bank code of Volksbank Maerkischen Kreis EG, DE stands for Germany, M1 is the location code and ALA is the code of the department Volksbank Maerkischen Kreis EG.
What happens if I use GENODEM1ALA with a typo?
Your transfer can bounce, get stuck or cost extra. Double-check GENODEM1ALA with the recipient before you confirm.
Can I use GENODEM1 instead of GENODEM1ALA?
GENODEM1 is the main office of Volksbank Maerkischen Kreis EG, while GENODEM1ALA is Volksbank Maerkischen Kreis EG. For a normal transfer the head office code is usually fine, yet use GENODEM1ALA if the recipient asks for it.
What is the best way to send money to Volksbank Maerkischen Kreis EG?
Many banks add several percent to the exchange rate on top of a fee. Compare what you receive in Euro with specialist providers before you send.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.