Volkswagen Bank GMBH SWIFT/BIC code

Volkswagen Bank GMBH SWIFT code: VOWADE2B

VOWADE2B and VOWADE2BXXX are two spellings of the same bank identifier, and both lead to Volkswagen Bank GMBH in Braunschweig. A SWIFT code tells every bank in the chain exactly which bank should receive the money, a bit like a postal address for banks. You will need it mainly when dealing with transfers between countries.

This page is meant to help people who pays into an account at Volkswagen Bank GMBH. Keep in mind that the BIC only identifies the bank, not the person: the account number or IBAN does that part.

SEPA payments and the Volkswagen Bank GMBH BIC

Because Germany is part of SEPA, a euro payment into Volkswagen Bank GMBH from within the SEPA area normally only needs an IBAN. Many banks do not require the BIC in that case or fill it in for you.

A SWIFT code like VOWADE2B still matter for payments in other currencies. If your banking app has a field for the BIC regardless, adding VOWADE2B does no harm.

Euro payments within SEPA usually arrive within one business day. Provided no currency is converted, a SEPA transfer tends to be cheap.

International transfers from Volkswagen Bank GMBH: the real cost

An international bank payment costs more than the fee suggests. You pay the transfer fee, sometimes fees charged by intermediary banks in between and, above all, the margin on the exchange rate.

The markup on the rate tends to be the largest cost even though it is not listed as a fee. An easy check: put the rate you get next to the mid-market rate and look at the difference.

Specialist money transfer services often use rates closer to the mid-market rate. GoldexPay lists transfer providers next to each other so you can see the amount the recipient gets. Choosing a specialist does not mean leaving Volkswagen Bank GMBH.

Tracking a transfer to or from Volkswagen Bank GMBH

An international transfer typically takes one to a few business days. Bank holidays in either country add extra days to the journey. Sometimes a bank asks about the purpose of a payment before releasing it.

When a payment takes longer than expected, contact the sending bank for the status or the UETR. Keep your transfer receipt until the recipient confirms.

If a payment has not arrived after a few business days, the person who paid needs to start with their own bank. On the receiving end, you can check your account for a slightly lower amount.

A note on our data

We collect bank codes from publicly available data and update them regularly. Banks merge, close branches and change codes. The number of codes on this page are based on what is in our directory, not official figures from Volkswagen Bank GMBH.

For any payment of any size, check the BIC with Volkswagen Bank GMBH or the recipient. GoldexPay is independent of Volkswagen Bank GMBH. Spotted outdated information? Let us know via our contact form so we can correct it.

Protect yourself against fake payment requests

Stay alert when a contact unexpectedly wants you to pay into a different account abroad. A real SWIFT code says nothing about whether the request is genuine.

Never trust contact details from the same email that announces the change. Urgency and secrecy are warning signs. Already paid? Contact the bank you paid from without delay and have them start a recall.

Fraud can also target the receiver: someone claims to have sent more than agreed and asks you to refund the extra via a different route. A screenshot of a transfer is no proof – check your own account.

Is VOWADE2B still correct? How to check

Have the recipient copy their account details directly from a recent statement. When the code you were given does not match VOWADE2B or VOWADE2BXXX, stop and ask.

A wrong SWIFT code may lead to delays, a returned payment or additional charges. Remember the account number: an error there can be harder to correct than a wrong BIC.

A validity check in your banking app only confirms that the code is valid – not that it belongs to the person you mean to pay. More and more banks compare the payee name against the account – do not ignore a mismatch warning. A small test payment can be a sensible step for a large first payment, even if it costs an extra fee.

Choosing between the 5 SWIFT codes of Volkswagen Bank GMBH

With 5 codes, Volkswagen Bank GMBH is one of the banks that register separate codes for branches. The main code is VOWADE2BXXX.

Usually there is no need to pick a branch: payments sent to VOWADE2BXXX are routed within Volkswagen Bank GMBH correctly. When you receive a specific code, use it as it is instead of replacing it with the head office code.

Not sure which code to use? Ask the recipient or the bank itself. Branch codes can change when banks reorganise, so do not rely on old paperwork.

8 or 11 characters: VOWADE2B versus VOWADE2BXXX

A SWIFT code is built from fixed blocks: characters one to four stand for the bank, characters five and six show the country and the two after that mark the location. The result is VOWADE2B for Volkswagen Bank GMBH.

The long version adds three more characters for a branch or department. If the last three are XXX, the code points to the head office, which is why VOWADE2BXXX and VOWADE2B lead to the same place.

Type the code in one piece, in capitals and without separators, exactly as shown here. Look out for the letter O and the digit 0 and I versus 1; they are easy to mix up.

Paying into Volkswagen Bank GMBH in EUR

Most accounts at Volkswagen Bank GMBH are typically held in EUR, the local currency. Money sent in a different currency will be converted into EUR on its way to Volkswagen Bank GMBH. Every conversion costs something.

Which bank converts the payment matters. Sending the money already in EUR usually avoids a second conversion at the receiving end – as long as your own rate is good.

Exchange rates move during the day, and some providers let you lock in a rate. If you pay regularly, a slightly better rate add up over time.

What to give a sender who pays you at Volkswagen Bank GMBH

For an international payment into your account at Volkswagen Bank GMBH, the sender has to have more than the SWIFT code. The basics are: the account holder’s name, IBAN or account number, VOWADE2BXXX or VOWADE2B and, for some countries, your home address.

It helps to include Volkswagen Bank GMBH and its city too, since some forms ask for it. Check each detail before you share them.

Do not be surprised if the amount credited is below what the sender paid. Charges on incoming payments vary from bank to bank; check the price list of Volkswagen Bank GMBH. For business payments, you can agree who bears the costs.