DZ Bank Fuer Bausparkasse Schwaebisch Hall AG SWIFT/BIC code

SWIFT/BIC code of DZ Bank Fuer Bausparkasse Schwaebisch Hall AG

The short code GENODEF1 and the 11-character code GENODEF1VK3 identify one and the same institution: DZ Bank Fuer Bausparkasse Schwaebisch Hall AG, with its head office in Frankfurt Am Main. Every bank on the SWIFT network uses BIC codes to route payments between countries to the right institution. In daily life you usually come across the code on international invoices, in payment forms and on the account details that DZ Bank Fuer Bausparkasse Schwaebisch Hall AG provides.

Further down you will find the practical side: money coming in from abroad, paying someone in another country and how to check a SWIFT code before you confirm a payment. The SWIFT code on its own does not identify an individual account holder; for that you need the IBAN or account number .

Changed bank details? Be careful

Criminals regularly send fake invoices containing new bank details sent from what looks like a familiar address. A valid SWIFT code tells you nothing about whether the request is genuine – scammers simply use real codes.

Do not trust contact details in the same message that contains the new account. Watch out for urgent requests, odd spelling or a sender address that is slightly off. When a payment has already gone to the wrong account, call your bank right away.

Fraud also work the other way: someone sends more than agreed and wants you to refund the difference to a new account. A payment confirmation from the sender is no proof – check your own account.

Paying into DZ Bank Fuer Bausparkasse Schwaebisch Hall AG in EUR

The national currency of Germany is the Euro (EUR). Money sent in a different currency is exchanged into EUR before it reaches the account, and whoever converts it chooses the rate. There is rarely a separate line for the conversion.

Where the conversion happens affects the final amount, since every bank sets its own rate. Compare how much EUR the recipient gets via different providers.

Rates for EUR change all the time – some services let you fix a rate in advance. On larger amounts, even small gap in the rate adds up quickly.

Where our SWIFT data comes from

This directory is compiled from public sources and we update it periodically. Even so, banks merge or change codes, so information can be out of date. The number of codes on this page reflect our own data.

Use this page as a reference, not as the final word – the bank details from the recipient are leading. GoldexPay is not affiliated with DZ Bank Fuer Bausparkasse Schwaebisch Hall AG; we are a comparison site for money transfers. Found an error? Tell us via our contact form so we can correct it.

Transfer times and tracking a payment to DZ Bank Fuer Bausparkasse Schwaebisch Hall AG

A SWIFT payment usually needs anywhere from one to several business days. Weekends and public holidays in the sending or receiving country add a day or more to the journey. Sometimes a bank wants to know about the purpose of a payment.

When a payment takes longer than expected, ask the sending bank about the status and the transaction reference; with that reference banks can see where the payment is. Specialist transfer services usually provide tracking in their app so you can see where the payment has got.

If the money does not arrive within the expected time, the sender needs to contact the bank that sent it. As a recipient, it helps to check your account to see a partial amount.

Head office or branch code at DZ Bank Fuer Bausparkasse Schwaebisch Hall AG?

Having 2 codes, DZ Bank Fuer Bausparkasse Schwaebisch Hall AG is one of the banks that register separate codes for parts of the organisation and departments. The head office code remains GENODEF1VK3.

Unless the recipient tells you otherwise, use GENODEF1VK3. A branch code only makes sense if the account holder specifically asks for it, which is more common for corporate accounts and specialised services.

When in doubt, check with the recipient which code their bank gave them. Codes for branches are more prone to change than GENODEF1VK3.

Paying someone abroad from your DZ Bank Fuer Bausparkasse Schwaebisch Hall AG account

A bank transfer abroad costs rather more than the listed fee. You pay the transfer fee, possibly fees charged by intermediary banks along the way and, most importantly, the margin on the exchange rate.

Many banks rarely show the margin on the rate as a cost, but you pay it all the same. A simple test: set the bank’s rate against the mid-market rate for the same moment and work out the difference on your amount.

Specialist money transfer services often use a rate near the mid-market rate. Next time you send money, it is worth to compare the total cost on GoldexPay rather than accepting the bank’s rate by default. You can always use your account at DZ Bank Fuer Bausparkasse Schwaebisch Hall AG to fund the transfer; only the conversion and sending happen elsewhere.

Paying DZ Bank Fuer Bausparkasse Schwaebisch Hall AG in euros within SEPA

Germany belongs to the Single Euro Payments Area (SEPA). When you send euros within SEPA, you normally only need the IBAN and the BIC is often filled in automatically.

The BIC still come into play when the currency is not euros and when the money comes from outside SEPA. Some forms also ask for the BIC; in that case, fill in GENODEF1 or GENODEF1VK3.

Euro payments within SEPA normally land within one business day; instant payments are faster if both banks offer them. As long as no currency is converted, the transfer tends to be cheap.

What the XXX in GENODEF1VK3 means

Each SWIFT/BIC code has an 8-character core: a four-letter bank code, two letters for the country and a two-character location code. Together, these eight characters form GENODEF1 – the version you usually see online.

The 11-character version has a three-character extension for a branch or department. If the last three are XXX, the code points to the head office.

In practice the code is typed in capitals and without spaces. Pasting the code is safer than retyping it: a typo can point to another bank.

How to check GENODEF1 before you pay

The best place to find the correct BIC is paperwork issued by the bank. Check that code with GENODEF1 here.

With a wrong code, the transfer may be delayed, bounce back or end up costing more. Remember the account number: a mistake there is more difficult to undo than a wrong BIC.

An automatic check in your banking app only tells you that the code exists. More and more banks check the name against the account; take any warning seriously. For a first payment, some people send a small amount first and wait for confirmation.

Incoming international payments to DZ Bank Fuer Bausparkasse Schwaebisch Hall AG

For an international payment at DZ Bank Fuer Bausparkasse Schwaebisch Hall AG, the person paying you needs more than the BIC. The basics are: your name, IBAN or account number, GENODEF1VK3 and, for some countries, your home address.

The sender’s bank might also ask for the bank address of DZ Bank Fuer Bausparkasse Schwaebisch Hall AG; the head office in Frankfurt Am Main is usually fine. A mistake in your account number is harder to fix than it looks.

An incoming payment will not always land for the full amount. Fees for incoming transfers vary from bank to bank – the price list of DZ Bank Fuer Bausparkasse Schwaebisch Hall AG tells you what applies. On invoices, you can agree who bears the costs.