SWIFT/BIC code WELADED1SMB
WELADED1SMB belongs to Stadtsparkasse Schmallenberg in Schmallenberg, Germany.
Code details
| SWIFT/BIC code | WELADED1SMB |
|---|---|
| 8-character code | WELADED1 |
| Branch code | SMB |
| Bank | Stadtsparkasse Schmallenberg |
| Branch | — |
| City | Schmallenberg |
| Country | Germany |
The way the Stadtsparkasse Schmallenberg 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.
- SMB 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 WELADED1SMB?
WELADED1SMB is the SWIFT/BIC code of Stadtsparkasse Schmallenberg, a branch or department of Stadtsparkasse Schmallenberg in Schmallenberg, Germany. Only use it if the account is held at this specific branch.
What do the letters in WELADED1SMB stand for?
WELA is the bank code of Stadtsparkasse Schmallenberg, DE is the ISO code of Germany, D1 is the code for the city or region and SMB identifies the department Stadtsparkasse Schmallenberg.
Can I use WELADED1 instead of WELADED1SMB?
WELADED1 points to the head office of Stadtsparkasse Schmallenberg, while WELADED1SMB points to Stadtsparkasse Schmallenberg. For a normal transfer the head office code is usually fine, but use WELADED1SMB if the recipient asks for it.
Do I need WELADED1SMB for a euro transfer to Germany?
Germany is part of the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you do need WELADED1SMB.
How long does it take to send money to Stadtsparkasse Schmallenberg in Germany?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
What is the cheapest way to send money to Stadtsparkasse Schmallenberg 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 – 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.