SWIFT/BIC code WELADED1SLM
WELADED1SLM belongs to Stadtsparkasse Schwelm in Schwelm, Germany.
Code details
| SWIFT/BIC code | WELADED1SLM |
|---|---|
| 8-character code | WELADED1 |
| Branch code | SLM |
| Bank | Stadtsparkasse Schwelm |
| Branch | — |
| City | Schwelm |
| Country | Germany |
The way the Stadtsparkasse Schwelm SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- WELA Bank code
- 4 letters that identify the bank.
- DE Country code
- 2 letters for the country (ISO 3166).
- D1 Location code
- 2 characters for the city or region of the head office.
- SLM 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 uses BIC WELADED1SLM?
WELADED1SLM identifies Stadtsparkasse Schwelm, a branch or department of Stadtsparkasse Schwelm in Schwelm, Germany. Only use it if the recipient or their bank explicitly asks for it.
Do I need WELADED1SLM for a euro transfer to Germany?
Germany belongs to the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. If you send another currency you do need WELADED1SLM.
How long does it take to send money to Stadtsparkasse Schwelm?
Euro transfers within SEPA normally arrive the next business day. Transfers in other currencies can take 2–4 business days.
What is the best way to send money to Stadtsparkasse Schwelm?
Banks often add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Euro with specialist providers before you send.
What does each part of WELADED1SLM mean?
WELA is the institution code of Stadtsparkasse Schwelm, DE stands for Germany, D1 is the code for the city or region and SLM is the code of the branch Stadtsparkasse Schwelm.
Can I use WELADED1 instead of WELADED1SLM?
WELADED1 is the head office of Stadtsparkasse Schwelm, while WELADED1SLM points to Stadtsparkasse Schwelm. For a normal transfer the head office code is usually fine, yet use WELADED1SLM if the recipient asks for it.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.