SWIFT/BIC code GENODES1MAG
GENODES1MAG belongs to Volksbank Magstadt EG in Magstadt, Germany.
Code details
| SWIFT/BIC code | GENODES1MAG |
|---|---|
| 8-character code | GENODES1 |
| Branch code | MAG |
| Bank | Volksbank Magstadt EG |
| Branch | — |
| City | Magstadt |
| Country | Germany |
The way the Volksbank Magstadt EG SWIFT/BIC works
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).
- S1 Location code
- 2 characters for the city or region of the head office.
- MAG 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 SWIFT code GENODES1MAG?
The code GENODES1MAG belongs to Volksbank Magstadt EG, part of Volksbank Magstadt EG in Magstadt, Germany. Use this branch code only when the account is held at this specific branch.
Does Volksbank Magstadt EG have only one SWIFT/BIC code?
Yes, GENODES1MAG is the single SWIFT/BIC code we have for Volksbank Magstadt EG in Germany, so there is no branch code to choose.
What is the best way to send money to Volksbank Magstadt EG?
Many banks add several percent to the exchange rate on top of a fee. Check the amount that arrives in Euro with transfer services before you send.
What does each part of GENODES1MAG stand for?
GENO is the institution code of Volksbank Magstadt EG, DE is the ISO code of Germany, S1 is the code for the city or region and MAG identifies the branch Volksbank Magstadt EG.
What happens if I use GENODES1MAG incorrectly?
The payment may be delayed, returned or charged extra fees. Always check GENODES1MAG with the recipient before sending.
Can I use GENODES1 instead of GENODES1MAG?
GENODES1 points to the head office of Volksbank Magstadt EG, while GENODES1MAG is Volksbank Magstadt EG. For a normal transfer the head office code is usually fine, but follow the instructions of the recipient if they mention GENODES1MAG.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.