Volksbank Franken EG SWIFT/BIC code

Volksbank Franken EG SWIFT code: VOFADE51

VOFADE51 and VOFADE51XXX are two spellings of the same SWIFT/BIC code, and both point to Volksbank Franken EG in Wallduern. Banks worldwide use BIC codes to direct international transfers to the correct bank. In daily life you mostly see the code on international invoices, in payment forms and in the bank details that Volksbank Franken EG provides.

This page is meant to help anyone who sends money to an account at Volksbank Franken EG. The SWIFT code on its own cannot identify an individual account holder; for that you need the account number or IBAN .

Tracking a transfer to or from Volksbank Franken EG

An international transfer usually takes anywhere from one to several business days, depending on the currency, the route and the banks involved. Weekends and public holidays in either country can add extra days. Sometimes a bank wants to know what the payment is for, which can hold things up.

Many banks use SWIFT gpi. Every payment carries a unique reference, the UETR. Keep the payment confirmation until the recipient confirms; it contains the details a bank needs to start a trace.

If the money does not arrive after a few business days, the person who paid needs to contact their own bank. On the receiving end, you can look at your statements to see a partial amount, since fees may have been deducted.

Paying someone abroad from your Volksbank Franken EG account

The price of a payment abroad has several parts – not just the fee on your screen. On top of the transfer fee, correspondent or intermediary banks can deduct a fee, and if currencies are converted the bank often applies a rate that is less favourable than the actual market rate.

That exchange rate margin is often the biggest item, and it is easy to miss. Check their rate against the mid-market rate – the rate you find on financial news sites.

Money transfer services often offer a rate near the mid-market rate. GoldexPay compares these services next to each other, showing what actually arrives before you commit. Using a transfer service does not mean closing your account at Volksbank Franken EG: you simply pay the service from your account.

Sending EUR to Volksbank Franken EG

The national currency in Germany is the Euro (EUR). Money sent in a different currency is exchanged into EUR on its way to Volksbank Franken EG – and the bank that does it picks the rate. You rarely see a separate charge for the conversion; it is built into the rate.

Where the conversion happens has an effect on the final amount. In many cases you pay less to send EUR straight away through a provider with a good rate.

Rates for EUR move during the day, and some providers let you lock in a rate. With bigger transfers, a small gap in the rate can be worth more than the fee.

Choosing between the 2 SWIFT codes of Volksbank Franken EG

Our directory lists 2 SWIFT/BIC codes for Volksbank Franken EG, spread over 2 cities. Next to the head office code VOFADE51XXX, there are codes for branches, departments or specific services.

In most cases you do not need to pick a branch: transfers sent to VOFADE51XXX reach Volksbank Franken EG without problems. When you receive a specific code, use it as it is rather than swapping it for the head office code.

If you are not sure, ask the person you are paying which code their bank gave them. Codes are sometimes changed or retired over time, so do not rely on old paperwork.

SEPA payments and the Volksbank Franken EG BIC

Germany is part of the SEPA area, the zone for uniform euro payments. For a standard euro transfer from another SEPA country, the IBAN is usually enough; many banks no longer ask for the BIC.

A SWIFT code like VOFADE51 does matter for payments in other currencies, and for transfers from outside SEPA. A few banks and apps still show a field for the BIC; if so, fill in VOFADE51 or VOFADE51XXX.

Instant payments in euros are increasingly supported across SEPA. Charges on SEPA transfers tend to be low, as long as no currency conversion is involved.

Why Volksbank Franken EG has an 8- and an 11-character code

The layout of every SWIFT code is always the same: a bank code of four letters, two for the country and a two-character location code, plus an optional branch code. In this case, that core is VOFADE51.

Most banks and apps accept both lengths. If a form asks for eleven characters, use VOFADE51XXX; if it wants eight, use VOFADE51.

Do not add spaces when you type VOFADE51 or VOFADE51XXX. Pasting the code is safer than typing it by hand.

Scams that use SWIFT codes

Fraudsters often use payment requests with new bank details, sometimes in an email that looks completely genuine. That VOFADE51 is a real code is no guarantee that a request mentioning it is legitimate – fraudsters use real bank codes as well.

Always verify changed bank details by phone. Watch out for urgent requests, unusual wording or a sender address that is slightly off. Already paid? Call your bank without delay and ask them to try to recall the payment; also report it to the police.

Scams also work the other way. Someone sends too much and asks you to refund the extra. Do not act before the money has really arrived and check with Volksbank Franken EG if anything seems off.

How to check VOFADE51 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. If the code you have differs from VOFADE51 or VOFADE51XXX, do not guess: check with the recipient or with Volksbank Franken EG directly.

If the code is wrong, the transfer may be delayed, bounce back or cost extra – sometimes after weeks of searching. Remember the account number: an error there is harder to undo than a wrong code.

An automatic check in your banking app merely confirms that the code exists. More and more banks check the payee name against the account before you confirm. When you pay someone new, many people start with a small test amount before sending the rest.

About this information

The directory on GoldexPay is based on public sources and is updated regularly. It is possible that information on this page is no longer current. Figures such as the number of codes are from our directory.

Treat the information here as a helpful check. GoldexPay is an independent comparison service for money transfers and not part of Volksbank Franken EG. Found outdated information? Tell us through the contact page.

Getting paid from abroad into a Volksbank Franken EG account

If you are waiting for money from abroad, send the payer everything they need in one go. That means: your name exactly as it appears on the account, your IBAN or account number, the BIC VOFADE51XXX and usually your postal address.

Certain banks want the address of Volksbank Franken EG in Wallduern. A mistake in your account number is harder to fix than you might think, so copy the details from your online banking.

The amount you receive is often less than what was sent. Charges on incoming payments differ per bank – the price list of Volksbank Franken EG tells you what applies. Agree with the sender who pays which costs.