SWIFT/BIC code GENODEM1WLY
GENODEM1WLY belongs to Volksbank EG, Waltrop in Waltrop, Germany.
Code details
| SWIFT/BIC code | GENODEM1WLY |
|---|---|
| 8-character code | GENODEM1 |
| Branch code | WLY |
| Bank | Volksbank EG, Waltrop |
| Branch | — |
| City | Waltrop |
| Country | Germany |
The way the Volksbank EG, Waltrop 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.
- WLY 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 SWIFT/BIC code GENODEM1WLY?
The code GENODEM1WLY belongs to Volksbank EG, Waltrop, part of Volksbank EG, Waltrop in Waltrop, Germany. Only use it if the account is held at this specific branch.
What do the letters in GENODEM1WLY mean?
GENO is the bank code of Volksbank EG, Waltrop, DE stands for Germany, M1 is the code for the city or region and WLY is the code of the branch Volksbank EG, Waltrop.
What is the cheapest way to send money to Volksbank EG, Waltrop in Germany?
Many banks add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Euro with transfer services before you send – the difference can be large.
Does Volksbank EG, Waltrop use a single SWIFT/BIC code?
Yes, GENODEM1WLY is the only SWIFT/BIC code we have for Volksbank EG, Waltrop in Germany, so you do not need to pick a branch code.
Do I need GENODEM1WLY to send euros to Germany?
Germany is part of the SEPA area. When you send euros the IBAN is usually enough. For other currencies you still need GENODEM1WLY.
How long does it take to send money to Volksbank EG, Waltrop in Germany?
SEPA payments in euros normally arrive the next 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.