SWIFT/BIC code GENODEM1VMY
GENODEM1VMY belongs to Volksbank Versmold EG in Oesterweg, Germany.
Code details
| SWIFT/BIC code | GENODEM1VMY |
|---|---|
| 8-character code | GENODEM1 |
| Branch code | VMY |
| Bank | Volksbank Versmold EG |
| Branch | — |
| City | Oesterweg |
| Country | Germany |
The way the Volksbank Versmold EG SWIFT/BIC is built up
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.
- VMY 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 BIC GENODEM1VMY?
The code GENODEM1VMY belongs to Volksbank Versmold EG, a unit of Volksbank Versmold EG in Oesterweg, Germany. Use this branch code only when the account is held at this specific branch.
How long does it take to send money to Volksbank Versmold EG in Germany?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
What do the letters in GENODEM1VMY mean?
GENO is the institution code of Volksbank Versmold EG, DE stands for Germany, M1 is the location code and VMY is the code of the department Volksbank Versmold EG.
Do I need GENODEM1VMY to send euros to Germany?
Germany is part of the SEPA area. When you send euros the IBAN normally suffices. If you send another currency you still need GENODEM1VMY.
Can I use GENODEM1 instead of GENODEM1VMY?
GENODEM1 is the head office of Volksbank Versmold EG, while GENODEM1VMY points to Volksbank Versmold EG. Most international transfers work with the head office code, yet follow the instructions of the recipient if they mention GENODEM1VMY.
What is the cheapest way to send money to Volksbank Versmold EG?
Banks often add 1–3% to the exchange rate on top of a fee. Check the amount that arrives in Euro with transfer services before you send.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.