SWIFT/BIC code GENODEM1GTY
GENODEM1GTY belongs to Volksbank Guetersloh EG in Rheda-Wiedenbrueck, Germany.
Code details
| SWIFT/BIC code | GENODEM1GTY |
|---|---|
| 8-character code | GENODEM1 |
| Branch code | GTY |
| Bank | Volksbank Guetersloh EG |
| Branch | — |
| City | Rheda-Wiedenbrueck |
| Country | Germany |
The way the Volksbank Guetersloh 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).
- M1 Location code
- 2 characters for the city or region of the head office.
- GTY 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 BIC GENODEM1GTY?
The code GENODEM1GTY belongs to Volksbank Guetersloh EG, a branch or department of Volksbank Guetersloh EG in Rheda-Wiedenbrueck, Germany. Only use it if the account is held at this specific branch.
Can I use GENODEM1 instead of GENODEM1GTY?
GENODEM1 is the head office of Volksbank Guetersloh EG, while GENODEM1GTY points to Volksbank Guetersloh EG. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention GENODEM1GTY.
Do I need GENODEM1GTY for a euro transfer to Germany?
Germany is part of the SEPA area. When you send euros the IBAN is usually enough. For other currencies you still need GENODEM1GTY.
How long does it take to send money to Volksbank Guetersloh EG?
SEPA payments in euros usually arrive within one business day. Transfers in other currencies can take 2–4 business days.
What happens if I enter GENODEM1GTY incorrectly?
The payment may be delayed, returned or charged extra fees. Always check GENODEM1GTY against the details from Volksbank Guetersloh EG before you confirm.
What is the cheapest way to send money to Volksbank Guetersloh EG in Germany?
Many banks add several percent to the exchange rate on top of a fee. Check 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.