SWIFT/BIC code GENODEM1MDB
GENODEM1MDB belongs to Volksbank Medebach EG in Medebach, Germany.
Code details
| SWIFT/BIC code | GENODEM1MDB |
|---|---|
| 8-character code | GENODEM1 |
| Branch code | MDB |
| Bank | Volksbank Medebach EG |
| Branch | — |
| City | Medebach |
| Country | Germany |
How the Volksbank Medebach 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.
- MDB 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 SWIFT code GENODEM1MDB?
The code GENODEM1MDB belongs to Volksbank Medebach EG, a unit of Volksbank Medebach EG in Medebach, Germany. Use this branch code only when the account is held at this specific branch.
Do I need GENODEM1MDB for a euro transfer to Germany?
Germany is part of the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you do need GENODEM1MDB.
How long does a transfer to Volksbank Medebach EG take in Germany?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 2–4 business days.
Can I use GENODEM1 instead of GENODEM1MDB?
GENODEM1 is the main office of Volksbank Medebach EG, while GENODEM1MDB is Volksbank Medebach EG. Most international transfers work with the head office code, but use GENODEM1MDB if the recipient asks for it.
What does each part of GENODEM1MDB mean?
GENO is the institution code of Volksbank Medebach EG, DE is the ISO code of Germany, M1 is the code for the city or region and MDB is the code of the department Volksbank Medebach EG.
What happens if I use GENODEM1MDB with a typo?
The payment may be delayed, returned or charged extra fees. Double-check GENODEM1MDB with the recipient before sending.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.