SWIFT/BIC code MALADE51AKI
MALADE51AKI belongs to Sparkasse Westerwald-Sieg in Bad Marienberg, Germany.
Code details
| SWIFT/BIC code | MALADE51AKI |
|---|---|
| 8-character code | MALADE51 |
| Branch code | AKI |
| Bank | Sparkasse Westerwald-Sieg |
| Branch | — |
| City | Bad Marienberg |
| Country | Germany |
The way the Sparkasse Westerwald-Sieg SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- MALA Bank code
- 4 letters that identify the bank.
- DE Country code
- 2 letters for the country (ISO 3166).
- 51 Location code
- 2 characters for the city or region of the head office.
- AKI 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 MALADE51AKI?
MALADE51AKI is the SWIFT/BIC code of Sparkasse Westerwald-Sieg, a branch or department of Sparkasse Westerwald-Sieg in Bad Marienberg, Germany. Only use it if the account is held at this specific branch.
Do I need MALADE51AKI to send euros to Germany?
Germany is part of the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you do need MALADE51AKI.
How long does a transfer to Sparkasse Westerwald-Sieg take in Germany?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
Can I use MALADE51 instead of MALADE51AKI?
MALADE51 points to the head office of Sparkasse Westerwald-Sieg, while MALADE51AKI points to Sparkasse Westerwald-Sieg. For a normal transfer the head office code is usually fine, but follow the instructions of the recipient if they mention MALADE51AKI.
What do the letters in MALADE51AKI mean?
MALA is the bank code of Sparkasse Westerwald-Sieg, DE is the ISO code of Germany, 51 is the location code and AKI identifies the branch Sparkasse Westerwald-Sieg.
What is the best way to send money to Sparkasse Westerwald-Sieg?
Many banks add several percent 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.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.