SWIFT/BIC code GENODEM1LPS
GENODEM1LPS belongs to Volksbank Beckum-Lippstadt EG in Lippstadt, Germany.
Code details
| SWIFT/BIC code | GENODEM1LPS |
|---|---|
| 8-character code | GENODEM1 |
| Branch code | LPS |
| Bank | Volksbank Beckum-Lippstadt EG |
| Branch | — |
| City | Lippstadt |
| Country | Germany |
The way the Volksbank Beckum-Lippstadt EG 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.
- LPS 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 SWIFT code GENODEM1LPS?
GENODEM1LPS identifies Volksbank Beckum-Lippstadt EG, a branch or department of Volksbank Beckum-Lippstadt EG in Lippstadt, Germany. Only use it if the recipient or their bank explicitly asks for it.
Can I use GENODEM1 instead of GENODEM1LPS?
GENODEM1 is the main office of Volksbank Beckum-Lippstadt EG, while GENODEM1LPS points to Volksbank Beckum-Lippstadt EG. For a normal transfer the head office code is usually fine, yet use GENODEM1LPS if the recipient asks for it.
What is the best way to send money to Volksbank Beckum-Lippstadt EG?
Banks often add several percent to the exchange rate on top of a fee. Check what you receive in Euro with specialist providers before you send.
How long does a transfer to Volksbank Beckum-Lippstadt EG take?
Euro transfers within SEPA usually arrive within one business day. Transfers in other currencies can take 2–4 business days.
What does each part of GENODEM1LPS stand for?
GENO is the institution code of Volksbank Beckum-Lippstadt EG, DE stands for Germany, M1 is the code for the city or region and LPS identifies the department Volksbank Beckum-Lippstadt EG.
Do I need GENODEM1LPS to send euros to Germany?
Germany is part of the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you do need GENODEM1LPS.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.