SWIFT/BIC code GIPGDEM1XXX
GIPGDEM1XXX belongs to Grund Intellectual Property Group in Muenchen, Germany.
Code details
| SWIFT/BIC code | GIPGDEM1XXX |
|---|---|
| 8-character code | GIPGDEM1 |
| Branch code | XXX |
| Bank | Grund Intellectual Property Group |
| Branch | Head office |
| City | Muenchen |
| Country | Germany |
The way the Grund Intellectual Property Group SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- GIPG 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.
- XXX 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 institution is behind BIC GIPGDEM1XXX?
The code GIPGDEM1XXX belongs to the head office of Grund Intellectual Property Group in Muenchen, Germany. It is the code to use when a payment to Grund Intellectual Property Group does not need a specific branch.
Does Grund Intellectual Property Group use a single SWIFT/BIC code?
Yes, GIPGDEM1XXX is the only SWIFT/BIC code listed for Grund Intellectual Property Group in Germany, so there is no branch code to choose.
What is the best way to send money to Grund Intellectual Property Group in Germany?
Banks often add 1–3% to the exchange rate on top of a fee. Compare what you receive in Euro with transfer services before you send.
Is GIPGDEM1 and GIPGDEM1XXX the same SWIFT code?
Yes, they are. GIPGDEM1 is the short version of GIPGDEM1XXX. The XXX at the end only means head office, so both routes your payment to Grund Intellectual Property Group in Muenchen.
What happens if I enter GIPGDEM1XXX incorrectly?
The payment may be delayed, returned or charged extra fees. Always check GIPGDEM1XXX against the details from Grund Intellectual Property Group before sending.
How long does it take to send money to Grund Intellectual Property Group?
SEPA payments in euros normally arrive the next business day. Transfers 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.