Volksbank Buehl EG SWIFT/BIC code

What GENODE61 means for a payment to Volksbank Buehl EG

If an invoice shows GENODE61 or GENODE61BHL, it is the same identifier for Volksbank Buehl EG in Germany. The code does one job: it makes sure that money from abroad ends up at the right bank. In practice you mostly come across it on international invoices, in your banking app and on the account details of Volksbank Buehl EG customers.

On this page you will find what the code means, when it matters and which other details a transfer to or from Volksbank Buehl EG requires. The SWIFT code alone cannot identify an individual account holder; that is what the IBAN or account number .

Paying Volksbank Buehl EG 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.

The BIC does come into play for payments in other currencies. A few banks and apps also ask for the BIC; if so, fill in GENODE61 or GENODE61BHL.

SEPA transfers usually arrive by the next business day. As long as the payment stays in euros, the transfer is inexpensive; costs rise once a conversion is involved.

Protect yourself against fake payment requests

Stay wary when a contact suddenly asks you to send money to a different account. The fact that GENODE61 exists does not mean that a request mentioning it is genuine; criminals use the codes of real banks too.

Never rely on a phone number from the same email that contains the change. Watch out for time pressure, unusual wording or a sender address that is slightly off. Already paid? Contact the bank you paid from without delay and ask them to start a recall; also report it to the police.

Fraud also work the other way: someone claims to have sent too much and asks you to return the difference via a different route. Do not act before the money is actually in your account – ask Volksbank Buehl EG if something looks wrong.

How long does an international transfer to Volksbank Buehl EG take?

How quickly a payment arrives at Volksbank Buehl EG is determined by several factors: the currency, how many intermediary banks are involved, cut-off times and differences in time zone. Weekends and public holidays in either country can add extra days, since banks do not process on those days. Sometimes a bank asks about the purpose of a payment before releasing it.

If the money seems late, contact your bank about the status and the transaction reference so they can trace it along the chain. Specialist transfer services usually show a status in their app showing where the payment is.

A delayed transfer is traced by the sending bank, using the payment confirmation. Ask the sender for a copy of the payment confirmation with the date and reference – it helps your own bank look for the money.

About this information

We gather bank codes using public sources and check our list regularly. It is possible that a code here is no longer current after a merger or reorganisation. Figures such as the number of codes are from our directory and may differ from what Volksbank Buehl EG publishes.

See our directory here as a helpful check, and let the details from the recipient or Volksbank Buehl EG have the final say. We are an independent comparison site for money transfers and not affiliated with Volksbank Buehl EG. Should you notice a mistake, we welcome a message via the contact page.

What a transfer from Volksbank Buehl EG abroad really costs

The price of an international transfer is made up of several parts. Besides the transfer fee, correspondent or intermediary banks may deduct a fee, and if the money changes currency, the bank often uses a rate below the real market rate.

Most of the cost usually sits in the exchange rate, not in the fee: the bank converts at a rate that includes a margin. An easy check: set the bank’s rate next to the mid-market rate for the same moment and look at the difference.

Specialised transfer providers frequently use a rate near the mid-market rate and lower fees. GoldexPay compares transfer providers side by side so you can see what actually arrives for the same amount sent. Choosing a specialist does not require leaving Volksbank Buehl EG – you pay the provider from your own account.

How to check GENODE61 before you pay

The safest source for the BIC is the recipient’s own bank details: an invoice, a bank statement or their online banking. Check it with GENODE61 here; if they differ, ask before you pay.

With a wrong code, the payment might be delayed, be returned or end up costing more, and tracing it can take weeks. Remember the IBAN: a mistake there can be more difficult to undo than a wrong BIC.

An automatic check in your banking app merely tells you that the code is valid, not that it is the right account. Where available, a name check on the recipient gives an extra layer of safety. A small test payment is a sensible step for large sums, even if it costs an extra fee.

What the XXX in GENODE61BHL means

The structure of a BIC is always the same: a bank code of four letters, two for the country and two for the location, sometimes followed by a branch code. Combined, those parts form GENODE61.

XXX at the end of GENODE61BHL does not stand for a missing value or a mistake: it indicates the head office of Volksbank Buehl EG. Some forms ask for 11 characters, in which case you simply add XXX behind GENODE61.

Do not add spaces when you type GENODE61 or GENODE61BHL. Copying the code beats retyping it, because one wrong letter changes the bank.

Choosing between the 2 SWIFT codes of Volksbank Buehl EG

We have 2 SWIFT/BIC codes for Volksbank Buehl EG, spread over 2 cities. Besides the head office code GENODE61BHL, there are codes for regional offices and specialised units.

For the vast majority of payments to a private or business account, the head office code GENODE61BHL is the right choice. Branch codes are only needed if the account holder specifically asks for it.

Unsure which code applies? Ask the recipient. Codes can change when banks reorganise, so a code from an old document is not always valid.

Getting paid from abroad into a Volksbank Buehl EG account

To receive a transfer from abroad at Volksbank Buehl EG, the person paying you needs not just the BIC. That means: your full name exactly as it appears on the account, your account number or IBAN, the SWIFT/BIC code GENODE61BHL (or GENODE61) and, often, your address.

Some banks also ask for the bank’s address, so keep it at hand. A typo in your account number can be harder to fix than you might think.

An incoming payment will not always land for the full amount. Fees for incoming transfers differ from bank to bank – the price list of Volksbank Buehl EG tells you what applies. On invoices, it is common to agree how the fees are split.

Euro (EUR) and conversion costs

The national currency in Germany is the Euro (EUR). A payment in a foreign currency will be exchanged into EUR, and whoever converts it chooses the rate. Each conversion costs the amount, even when no fee is shown.

Which bank converts the payment makes a difference: every bank has its own margin. Check how much EUR arrives via several providers; the difference between options can be larger than you expect.

Exchange rates move all the time, and some providers let you lock in a rate. For recurring payments, small differences in the rate add up over a year.