Volksbank Stutensee-Weingarten EG SWIFT/BIC code

What VOSWDE51 means for a payment to Volksbank Stutensee-Weingarten EG

The 8-character code VOSWDE51 and the full code VOSWDE51XXX refer to one and the same institution: Volksbank Stutensee-Weingarten EG in Stutensee, Germany. A SWIFT code tells every bank in the chain which institution should receive the money. It comes up mainly for payments that cross a border and payments in foreign currencies.

We wrote this page to help anyone who receives money at an account at Volksbank Stutensee-Weingarten EG and wants to get the details right. The BIC identifies a bank or branch, not a single account, which is why you always need the account number too.

Paying Volksbank Stutensee-Weingarten EG in euros within SEPA

Within the SEPA zone, euro payments to Volksbank Stutensee-Weingarten EG follow common rules, so the IBAN does the job in most cases. The BIC field is often optional for those payments.

A SWIFT code like VOSWDE51 still come into play for payments in other currencies and when the money comes from outside SEPA. Some banks and apps also ask for the BIC; in that case, enter VOSWDE51.

SEPA transfers normally land by the next business day; instant payments are faster if both banks offer them. As long as the payment stays in euros, the transfer is inexpensive; it is the conversion that costs money.

What a transfer from Volksbank Stutensee-Weingarten EG abroad really costs

If you transfer money to another country from Volksbank Stutensee-Weingarten EG, the visible fee is only part of the cost. Besides a fixed fee, correspondent or intermediary banks can deduct a fee, and if currencies are converted, the bank often applies a rate below the actual market rate.

Most of the cost usually sits in the exchange rate, rather than in the fee: the bank converts using an exchange rate that includes a margin. 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.

For many routes, a specialist provider is cheaper than a traditional bank transfer, mainly because of the exchange rate. GoldexPay compares the amount that arrives with different providers, so you can pick the cheapest route. Using a transfer service does not mean closing your account at Volksbank Stutensee-Weingarten EG: you simply pay the service from your account.

What the XXX in VOSWDE51XXX means

A SWIFT code is made up of fixed blocks: characters one to four identify the bank, the next two show the country and characters seven and eight mark the location. Combined, those parts make up VOSWDE51 – the version you usually see online.

XXX at the end of VOSWDE51XXX does not stand for a placeholder or a mistake: it stands for the head office of Volksbank Stutensee-Weingarten EG. Certain payment forms insist on 11 characters, in which case you simply add XXX behind VOSWDE51.

In practice the code is written in capitals and without spaces. Look out for O versus 0 or I versus 1, a common source of typos.

Scams that use SWIFT codes

Be alert if a contact unexpectedly asks you to send money to a different account. A valid SWIFT code tells you nothing about who owns the account – scammers simply use real codes.

Always confirm changed bank details by phone, using a number you already had. Be suspicious of time pressure, odd spelling or a sender address that is slightly off. Already paid? Contact your bank without delay and have them start a recall; also report it to the police.

Scams also target the receiver. Someone sends too much and wants you to refund the difference via a different route. A payment confirmation from the sender proves nothing.

Tracking a transfer to or from Volksbank Stutensee-Weingarten EG

How fast a payment arrives at Volksbank Stutensee-Weingarten EG is determined by several factors: which currency you send, how many intermediary banks are involved, cut-off times and time zones. Weekends and public holidays in the sending or receiving country can add extra days. Compliance checks by one of the banks may also add some delay, regardless of the details.

Many banks are connected to SWIFT gpi. Each gpi transfer gets a unique transaction reference, the UETR that banks can use to trace it. Save your transfer receipt.

Only the sending bank can start an official trace or a recall – the recipient’s bank often cannot see a payment that has not arrived. Ask the sender for the payment receipt including the reference; that often settles the question quickly.

About this information

Our SWIFT/BIC directory draws on publicly available sources and we update it periodically. It can happen that a code on this page is no longer current. Counts and locations come from our directory.

See the information on this page as a helpful check, and let the details from the recipient or Volksbank Stutensee-Weingarten EG have the final say. GoldexPay is independent of Volksbank Stutensee-Weingarten EG; we are a comparison site for money transfers. Should you notice a mistake, we appreciate a message via the contact page.

Getting paid from abroad into a Volksbank Stutensee-Weingarten EG account

Someone abroad who wants to pay you needs several details about your account. In practice that means: your name as registered with Volksbank Stutensee-Weingarten EG, your IBAN or account number, the BIC VOSWDE51XXX (or VOSWDE51) and sometimes your postal address.

The sender’s bank might request the address of your bank. A typo in the IBAN can be more trouble than you might think; copy them from your banking app rather than typing.

Do not be surprised if the amount credited is below what the sender paid. Charges on incoming payments differ from bank to bank – the price list of Volksbank Stutensee-Weingarten EG tells you what applies. For business payments, it is common to state who bears the costs.

Is VOSWDE51 still correct? How to check

Have the recipient send you their bank details straight from their banking app. When the code you were given differs from VOSWDE51 or VOSWDE51XXX, stop and ask: check with the recipient or with Volksbank Stutensee-Weingarten EG directly.

With a wrong code, the payment may be delayed, bounce back or cost extra. Remember the account number: a mistake there can be more difficult to correct than a wrong code.

Many banking apps check the structure of IBANs and sometimes look up the BIC automatically. Some banks now check the name against the account; take any warning seriously. When you pay someone new, many people start with a small test amount before sending the rest.

Choosing between the 3 SWIFT codes of Volksbank Stutensee-Weingarten EG

With 3 codes in 2 cities, Volksbank Stutensee-Weingarten EG is one of the banks that register separate codes for parts of the organisation and departments. The head office code remains VOSWDE51XXX.

Unless the recipient tells you otherwise, go with VOSWDE51XXX. When you receive a specific code, use it as it is rather than replacing it for the head office code.

Unsure which code to use? Check with the recipient or the bank itself. Codes for branches are more likely to be retired than VOSWDE51XXX.

Euro (EUR) and conversion costs

Germany pays in the Euro (EUR). When you pay another currency, the amount has to be converted at some point – by your bank, by Volksbank Stutensee-Weingarten EG or by a bank in between. Every conversion costs the amount – usually through the rate rather than a fee.

Which bank converts the payment matters: every bank has its own margin. Transferring the amount directly in EUR often prevents an extra conversion.

The rate for EUR fluctuates constantly, so the amount you see is usually only valid for a short time. With bigger transfers, even seemingly small difference in the rate adds up quickly.