SWIFT/BIC code PAYMDE5FXXX
PAYMDE5FXXX belongs to Paymentgroup GMBH in Dreieich, Germany.
Code details
| SWIFT/BIC code | PAYMDE5FXXX |
|---|---|
| 8-character code | PAYMDE5F |
| Branch code | XXX |
| Bank | Paymentgroup GMBH |
| Branch | Head office |
| City | Dreieich |
| Country | Germany |
How the Paymentgroup GMBH SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- PAYM Bank code
- 4 letters that identify the bank.
- DE Country code
- 2 letters for the country (ISO 3166).
- 5F 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 uses SWIFT/BIC code PAYMDE5FXXX?
The code PAYMDE5FXXX belongs to the head office of Paymentgroup GMBH in Dreieich, Germany. Use it when a payment to Paymentgroup GMBH does not need a specific branch.
What happens if I use PAYMDE5FXXX with a typo?
The payment may be delayed, returned or charged extra fees. Double-check PAYMDE5FXXX against the details from Paymentgroup GMBH before you confirm.
What does each part of PAYMDE5FXXX stand for?
PAYM is the bank code of Paymentgroup GMBH, DE stands for Germany, 5F is the location code and XXX means the main office.
What is the cheapest way to send money to Paymentgroup GMBH?
Banks often add several percent to the exchange rate on top of a fee. Compare what you receive in Euro with specialist providers before you send.
Does Paymentgroup GMBH have only one SWIFT/BIC code?
Yes – PAYMDE5FXXX is the single SWIFT/BIC code listed for Paymentgroup GMBH in Germany, so you do not need to pick a branch code.
Are PAYMDE5F and PAYMDE5FXXX the same code?
Yes, they are. PAYMDE5F is the short version of PAYMDE5FXXX. The XXX at the end only means head office, so both routes your payment to Paymentgroup GMBH in Dreieich.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.