SWIFT/BIC code GENODEM1BAG
GENODEM1BAG belongs to Bag Bankaktiengesellschaft in Hamm, Germany.
Code details
| SWIFT/BIC code | GENODEM1BAG |
|---|---|
| 8-character code | GENODEM1 |
| Branch code | BAG |
| Bank | Bag Bankaktiengesellschaft |
| Branch | — |
| City | Hamm |
| Country | Germany |
How the Bag Bankaktiengesellschaft SWIFT/BIC is structured
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.
- BAG 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 GENODEM1BAG?
The code GENODEM1BAG belongs to Bag Bankaktiengesellschaft, a unit of Bag Bankaktiengesellschaft in Hamm, Germany. Only use it if the recipient or their bank explicitly asks for it.
What is the cheapest way to send money to Bag Bankaktiengesellschaft?
Banks often add several percent to the exchange rate on top of a fee. Check what you receive in Euro with transfer services before you send.
What do the letters in GENODEM1BAG mean?
GENO is the institution code of Bag Bankaktiengesellschaft, DE is the ISO code of Germany, M1 is the location code and BAG is the code of the department Bag Bankaktiengesellschaft.
What happens if I enter GENODEM1BAG incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check GENODEM1BAG against the details from Bag Bankaktiengesellschaft before sending.
Can I use GENODEM1 instead of GENODEM1BAG?
GENODEM1 points to the main office of Bag Bankaktiengesellschaft, while GENODEM1BAG points to Bag Bankaktiengesellschaft. Most international transfers work with the head office code, yet follow the instructions of the recipient if they mention GENODEM1BAG.
Does Bag Bankaktiengesellschaft have a single SWIFT/BIC code?
Yes, GENODEM1BAG is the single SWIFT/BIC code listed for Bag Bankaktiengesellschaft in Germany, so there is no branch code to choose.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.