Volksbank Marl-Recklinghausen EG SWIFT/BIC code

VOMCDE31 – the SWIFT/BIC code of Volksbank Marl-Recklinghausen EG

The short code VOMCDE31 and the full code VOMCDE31XXX refer to one and the same institution: Volksbank Marl-Recklinghausen EG in Marl, Germany. A SWIFT code shows the banks handling a payment exactly which bank should receive the money, a bit like a postal address for banks. In daily life you mostly see it on international invoices, in payment forms and on the account details that Volksbank Marl-Recklinghausen EG provides.

On this page you can read what the code means, when you need it and what else a transfer to or from Volksbank Marl-Recklinghausen EG requires. Remember that the BIC just identifies the bank, not the account: the IBAN or account number does that part.

Paying Volksbank Marl-Recklinghausen EG in euros within SEPA

Within the SEPA zone, euro transfers to an account in Germany follow common rules. The BIC field is often optional in that case.

You will still need VOMCDE31XXX when sending payments in other currencies or transfers from countries outside SEPA. If your banking app has a field for the BIC anyway, entering VOMCDE31 does no harm.

Instant euro transfers are widely available within SEPA – whether Volksbank Marl-Recklinghausen EG offers them for your account is worth checking. Charges on SEPA transfers tend to be low as long as everything stays in euros.

What to give a sender who pays you at Volksbank Marl-Recklinghausen EG

If you expect a payment from another country, send the payer all details at once. Share the account holder’s name, your account number or IBAN, the BIC VOMCDE31XXX and your address, which some banks require.

Certain banks also ask for the address of Volksbank Marl-Recklinghausen EG. A mistake in your account number can be more trouble than you might think; copy them from your banking app rather than typing.

Money from abroad does not always land for the full amount. Intermediary banks may deduct a fee, Volksbank Marl-Recklinghausen EG may charge for incoming payments, and if the currency changes, a markup on the rate applies. Make clear with the sender who pays which costs.

What the XXX in VOMCDE31XXX means

A BIC is built from fixed blocks: the first four letters identify the bank, characters five and six show the country and characters seven and eight indicate the location. In this case, the 8-character core is VOMCDE31.

The 11-character version has three more characters for a branch or department. When those three characters are XXX, they simply mean the head office, so VOMCDE31XXX and VOMCDE31 are interchangeable.

As a rule the code is written in capitals. Copying the code beats typing it by hand, because one wrong letter changes the bank.

Where our SWIFT data comes from

The codes here come from publicly available data. Institutions reorganise, change names and change codes – a directory can be a step behind. The figures we show are based on our own data and not on information from Volksbank Marl-Recklinghausen EG itself.

Use our data as a reference, rather than as the final word – the bank details from the recipient are leading. We are a comparison site for money transfers and not part of Volksbank Marl-Recklinghausen EG. Found an error? Let us know through the contact page.

How to check VOMCDE31 before you pay

The best place to find the right code is a document from the bank itself, such as a statement or the account details in online banking. Compare that code against VOMCDE31 on this page; if they differ, ask before you pay.

A wrong SWIFT code can cause delays, a payment being sent back or additional charges. Do not forget the IBAN: an error there is more difficult to undo than a wrong code.

An automatic check by your bank merely confirms that the IBAN exists. If your bank offers it, a name check on the recipient gives an extra layer of safety. When you pay someone new, many people start with a small test amount before sending the rest.

Sending money abroad from Volksbank Marl-Recklinghausen EG

An international bank payment can cost more than the listed fee. You pay the transfer fee, possibly charges from correspondent banks along the way and, most importantly, the exchange rate markup.

The real cost is often in the rate, rather than in the fee: many banks convert at a rate that includes a margin. An easy check: set the bank’s rate against the mid-market rate and work out the difference on your amount.

For many currency pairs, a transfer service turns out to be cheaper than a traditional bank transfer – mostly thanks to the 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 still use your account at Volksbank Marl-Recklinghausen EG as the source of the money.

Which of the 2 codes of Volksbank Marl-Recklinghausen EG do you need?

Volksbank Marl-Recklinghausen EG uses 2 different SWIFT/BIC codes. Only one is the head office code, VOMCDE31XXX; the rest belong to branches, and sometimes internal departments.

Unless the recipient tells you otherwise, go with VOMCDE31XXX. Only use a branch code when the recipient explicitly asks for it, for example on an invoice or in their bank details.

The safest route is to take the code straight from the account holder’s invoice. Branch codes can change when banks reorganise, so a code from an old document is not always valid.

When will the money arrive at Volksbank Marl-Recklinghausen EG?

An international transfer typically needs anywhere from one to several business days, depending on the currency, the route and the banks involved. Weekends and public holidays in either country add a day or more, since banks do not process on those days. Occasionally a bank asks about the purpose of a payment before releasing it.

If the money is delayed, ask your bank about the status or the UETR so they can trace it along the chain. Specialist transfer services usually show tracking in their app showing how far the money has got.

Only the sending bank is able to start an official trace. On the receiving end, you can look at your statements for a slightly lower amount.

Sending EUR to Volksbank Marl-Recklinghausen EG

Germany pays in the Euro (EUR). A payment in a foreign currency is exchanged into EUR on its way to Volksbank Marl-Recklinghausen EG – and the bank that does it picks the rate. There is rarely a separate line for that conversion.

Which bank converts the money makes a difference: every bank has its own margin. Check how much EUR the recipient gets with different services; the difference between options can be larger than you expect.

Rates for EUR move during the day, and some providers let you lock in a rate. If you pay regularly, small differences in the rate add up over time.

Watch out for payment fraud

A common scam goes like this: an email arrives with a request saying that a company has a new bank account. That VOMCDE31 is a real code is no guarantee that the account is legitimate – fraudsters use real bank codes as well.

Do not trust a phone number in the same message that contains the change. Watch out for time pressure, unusual wording or an email address that differs by one letter. When money was sent to a fraudster, call your bank right away – speed improves the chance of getting it back.

People receiving money are targeted too: a classic trick is a buyer who pays too much and then sends a request to refund the difference abroad. A payment confirmation from the sender is no proof; only your own account shows what has arrived.