SWIFT/BIC code GENODEM1LPY
GENODEM1LPY belongs to Volksbank Lippstadt EG in Geseke, Germany.
Code details
| SWIFT/BIC code | GENODEM1LPY |
|---|---|
| 8-character code | GENODEM1 |
| Branch code | LPY |
| Bank | Volksbank Lippstadt EG |
| Branch | — |
| City | Geseke |
| Country | Germany |
The way the Volksbank Lippstadt 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.
- LPY 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 is behind BIC GENODEM1LPY?
The code GENODEM1LPY belongs to Volksbank Lippstadt EG, part of Volksbank Lippstadt EG in Geseke, Germany. Only use it if the recipient or their bank explicitly asks for it.
What happens if I enter GENODEM1LPY incorrectly?
The payment may be delayed, returned or charged extra fees. Always check GENODEM1LPY with the recipient before sending.
Can I use GENODEM1 instead of GENODEM1LPY?
GENODEM1 points to the main office of Volksbank Lippstadt EG, while GENODEM1LPY is Volksbank Lippstadt EG. Most international transfers work with the head office code, yet use GENODEM1LPY if the recipient asks for it.
What do the letters in GENODEM1LPY mean?
GENO is the institution code of Volksbank Lippstadt EG, DE is the ISO code of Germany, M1 is the location code and LPY identifies the branch Volksbank Lippstadt EG.
How long does a transfer to Volksbank Lippstadt EG take in Germany?
Euro transfers within SEPA normally arrive the next business day. Payments in other currencies can take 2–4 business days.
Do I need GENODEM1LPY to send euros to Germany?
Germany is part of the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. If you send another currency you do need GENODEM1LPY.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.