SWIFT/BIC code GENODEM1OLP
GENODEM1OLP belongs to Volksbank Olpe EG -Alt- in Olpe, Germany.
Code details
| SWIFT/BIC code | GENODEM1OLP |
|---|---|
| 8-character code | GENODEM1 |
| Branch code | OLP |
| Bank | Volksbank Olpe EG -Alt- |
| Branch | — |
| City | Olpe |
| Country | Germany |
How the Volksbank Olpe EG -Alt- 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.
- OLP 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
What bank uses BIC GENODEM1OLP?
GENODEM1OLP is the SWIFT/BIC code of Volksbank Olpe EG -Alt-, part of Volksbank Olpe EG -Alt- in Olpe, Germany. Use this branch code only when the account is held at this specific branch.
Can I use GENODEM1 instead of GENODEM1OLP?
GENODEM1 is the main office of Volksbank Olpe EG -Alt-, while GENODEM1OLP points to Volksbank Olpe EG -Alt-. For a normal transfer the head office code is usually fine, but use GENODEM1OLP if the recipient asks for it.
Does Volksbank Olpe EG -Alt- use only one SWIFT/BIC code?
Yes, GENODEM1OLP is the single SWIFT/BIC code listed for Volksbank Olpe EG -Alt- in Germany, so there is no branch code to choose.
What happens if I use GENODEM1OLP with a typo?
Your transfer can bounce, get stuck or cost extra. Double-check GENODEM1OLP against the details from Volksbank Olpe EG -Alt- before you confirm.
What is the best way to send money to Volksbank Olpe EG -Alt-?
Many banks add 1–3% 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.
How long does it take to send money to Volksbank Olpe EG -Alt-?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.