SWIFT/BIC code GENODEM1NRD
GENODEM1NRD belongs to Volksbank Im Maerkischen Kreis EG in Luedenscheid, Germany.
Code details
| SWIFT/BIC code | GENODEM1NRD |
|---|---|
| 8-character code | GENODEM1 |
| Branch code | NRD |
| Bank | Volksbank Im Maerkischen Kreis EG |
| Branch | — |
| City | Luedenscheid |
| Country | Germany |
How the Volksbank Im Maerkischen Kreis 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.
- NRD 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 is behind BIC GENODEM1NRD?
The code GENODEM1NRD belongs to Volksbank Im Maerkischen Kreis EG, a branch or department of Volksbank Im Maerkischen Kreis EG in Luedenscheid, Germany. Use this branch code only when the recipient or their bank explicitly asks for it.
How long does a transfer to Volksbank Im Maerkischen Kreis EG take?
SEPA payments in euros normally arrive the next business day. Payments in other currencies can take 1–3 business days.
What is the cheapest way to send money to Volksbank Im Maerkischen Kreis EG?
Banks often add 1–3% to the exchange rate on top of a fee. Check what you receive in Euro with specialist providers before you send.
Do I need GENODEM1NRD for a euro transfer to Germany?
Germany belongs to the SEPA area. When you send euros the IBAN normally suffices. If you send another currency you still need GENODEM1NRD.
What happens if I use GENODEM1NRD with a typo?
The payment may be delayed, returned or charged extra fees. Double-check GENODEM1NRD with the recipient before you confirm.
What do the letters in GENODEM1NRD stand for?
GENO is the institution code of Volksbank Im Maerkischen Kreis EG, DE is the ISO code of Germany, M1 is the location code and NRD is the code of the department Volksbank Im Maerkischen Kreis EG.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.