SWIFT Code GENODEF1SGH Volksbank Eg Sangerhausen Germany

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) (also known as ISO 9362, SWIFT-BIC, BIC code, SWIFT ID or SWIFT code) is a standard format of Business Identifier Codes approved by the International Organization for Standardization (ISO). It is a unique identification code for both financial and non-financial institutions. (When assigned to a non-financial institution, a code may also be known as a Business Entity Identifier or BEI.) These codes are used when transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks. The codes can sometimes be found on account statements. SWIFT and BIC codes are basically the same.

The SWIFT code is 8 or 11 characters?

• GENO 4 letters: Institution Code or bank code. (Volksbank Eg Sangerhausen)
• DE 2 letters: ISO 3166-1 alpha-2 country code (Germany)
• F1 2 letters or digits: location code
• If the second character is "0", then it is typically a test BIC as opposed to a BIC used on the live network.
• If the second character is "1", then it denotes a passive participant in the SWIFT network
• If the second character is "2", then it typically indicates a reverse billing BIC, where the recipient pays for the message as opposed to the more usual mode whereby the sender pays for the message.
• SGH last 3 letters or digits: branch code.
• Where an 8-digit code is given, it may be assumed that it refers to the primary office.

SWIFT Code Volksbank Eg Sangerhausen Germany

SWIFT Code Volksbank Eg Sangerhausen used to Transfer fund to Internationl Volksbank Eg Sangerhausens. SWIFTCode Volksbank Eg Sangerhausen Germany are provide the broadest coverage of national Volksbank Eg Sangerhausen identifiers. SWIFT Code is identifying Volksbank Eg Sangerhausen es in Germany ([countryshor]). SWIFT Code of Volksbank Eg Sangerhausen is unique for each in Germany ([countryshor]). Volksbank Eg Sangerhausen is located in Sangerhausen Sangerhausen, Germany Germany and Volksbank Eg Sangerhausen The SWIFT code is GENODEF1SGH .