Sparkasse Mecklenburg-Schwerin SWIFT/BIC code

NOLADE21 – the SWIFT/BIC code of Sparkasse Mecklenburg-Schwerin

The 8-character code NOLADE21 and the full code NOLADE21LWL refer to one and the same institution: Sparkasse Mecklenburg-Schwerin. A SWIFT code shows every bank in the chain exactly which bank should receive the money, much like a postcode for banks. You will need it mostly when dealing with transfers between countries.

We wrote this page to help people who pays into an account at Sparkasse Mecklenburg-Schwerin. A SWIFT code names a bank or branch, never a single account, which is why you always need the account number too.

Watch out for payment fraud

One of the most common tricks works like this: an email arrives with a request claiming that a company has new bank details and asking you to pay there from now on. The fact that NOLADE21 exists is no guarantee that the account is genuine; criminals use the codes of real banks too.

Before paying, confirm a change of bank details by phone. Watch out for urgent requests, odd spelling or an email address that differs by one letter. When a payment was sent to a fraudster, contact your bank immediately.

Fraud also work the other way. Someone claims to have sent more than agreed and wants you to refund the difference. Wait until the money is actually in your account – ask Sparkasse Mecklenburg-Schwerin if something looks wrong.

Receiving money from abroad at Sparkasse Mecklenburg-Schwerin

For an international payment into your account at Sparkasse Mecklenburg-Schwerin, the person paying you has to have not just the BIC. Share your name as the bank knows it, your account number or IBAN, SWIFT code NOLADE21LWL and your address, which some banks require.

It helps to include Sparkasse Mecklenburg-Schwerin and its city too. A typo in the IBAN can be harder to fix than you might think; copy them from your banking app rather than typing.

Money from abroad does not always arrive in full. Charges on incoming payments vary from bank to bank – the price list of Sparkasse Mecklenburg-Schwerin tells you what applies. Agree with the sender who pays which costs.

Why Sparkasse Mecklenburg-Schwerin has an 8- and an 11-character code

Each SWIFT/BIC code starts with the same eight core characters: a four-letter bank code, two letters for the country and two characters for the location. Combined, these eight characters make up NOLADE21.

Most banks and apps accept both lengths. If yours requires eleven characters, enter NOLADE21LWL; if it wants eight, use NOLADE21.

In practice the code is written in capitals, without spaces or dashes. A single character can send a payment to a different institution.

Tracking a transfer to or from Sparkasse Mecklenburg-Schwerin

How quickly a payment reaches Sparkasse Mecklenburg-Schwerin is determined by several factors: which currency you send, how many intermediary banks are involved, daily processing deadlines and time zones. Payments made late in the day or just before a weekend or public holiday usually start a business day later. Compliance checks by one of the banks can also cause some delay.

A growing number of banks are connected to SWIFT gpi, which lets them follow a payment from bank to bank. Each payment carries a unique reference, the UETR that banks can use to trace it. Save the payment confirmation until the recipient confirms; it contains the details a bank needs to start a trace.

If the money does not arrive within the expected time, the person who paid should start with the bank that sent it rather than Sparkasse Mecklenburg-Schwerin. Request from the sender the payment receipt.

Is NOLADE21 still correct? How to check

Ask the recipient to send you their bank details directly from their online banking. Compare it with NOLADE21 here; if they differ, ask before you pay.

With a wrong code, the payment might be delayed, bounce back or end up costing more, and tracing it can take weeks. An error in the account number can be more serious, so check that just as carefully.

An automatic check in your banking app merely confirms that the IBAN exists, not that it is the right account. Where available, a payee name check on the recipient adds an extra layer of safety. For a first payment, many people start with a small amount first.

SEPA payments and the Sparkasse Mecklenburg-Schwerin BIC

Because Germany is part of the SEPA zone, a euro payment into Sparkasse Mecklenburg-Schwerin from another SEPA country usually only needs the IBAN. Many banks do not require the BIC in that case or fill it in for you.

For anything other than euros and from non-SEPA countries, NOLADE21LWL or NOLADE21 is still required. Some forms also ask for the BIC out of habit; in that case, enter NOLADE21.

Instant euro transfers have become increasingly available within SEPA – whether Sparkasse Mecklenburg-Schwerin offers them for your account is worth checking. As long as the payment stays in euros, the transfer is cheap.

Euro (EUR) and conversion costs

Germany uses the Euro. If you send another currency, the amount has to be converted at some point – by your bank, by Sparkasse Mecklenburg-Schwerin or by a bank in between. You rarely see a separate charge for the conversion; it is built into the rate.

Who does the conversion affects how much arrives, since every bank sets its own rate. Transferring the money already in EUR usually avoids a second conversion at the receiving end – as long as your own rate is good.

The rate for EUR changes constantly. For regular payments, small differences in the rate add up over a year.

Head office or branch code at Sparkasse Mecklenburg-Schwerin?

Our directory lists 2 SWIFT/BIC codes for Sparkasse Mecklenburg-Schwerin in 2 places. Besides the head office code NOLADE21LWL, there are codes for branches, departments or specific services.

For the vast majority of incoming transfers, the head office code NOLADE21LWL is what you need. When you receive a specific code, stick to it rather than swapping it for the head office code.

Not sure which code to use? Check with the recipient. Codes for branches are more prone to be retired than NOLADE21LWL.

Where our SWIFT data comes from

This directory draws on public sources and is updated regularly. It is possible that information here is out of date, for example after a merger. The figures on this page are based on our own data.

See our directory here as a helpful check and rely on the recipient or Sparkasse Mecklenburg-Schwerin for the final confirmation. GoldexPay is a comparison site for money transfers and not part of Sparkasse Mecklenburg-Schwerin. Found outdated information? Let us know through the contact page so we can correct it.

Paying someone abroad from your Sparkasse Mecklenburg-Schwerin account

An international bank payment can cost rather more than the fee suggests. You pay the transfer fee, sometimes fees charged by intermediary banks along the way and, most importantly, the exchange rate markup.

Many banks rarely list the margin on the rate separately, but you pay it all the same. A simple test: set the rate you get next to the mid-market rate for the same moment and look at the difference.

Money transfer services often use rates closer to the mid-market rate and lower fees. Next time you send money, take a minute comparing what arrives via GoldexPay rather than accepting the bank’s rate by default. You can always use your account at Sparkasse Mecklenburg-Schwerin as the source of the money; only the conversion and sending happen elsewhere.