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Volksbank Backnang Swift Code in Backnang city of Germany

Branch Wise List Of Volksbank Backnang Swift Code, BIc Code In Backnang City Along With Volksbank Backnang Backnang All Branches Addresses In Germany quickly to use for Society for Worldwide Interbank Financial Telecommunication

The SWIFT code of Volksbank Backnang Backnang City is GENODES1VBK. The branch located in Backnang City, Of Germany (DE).

Volksbank Backnang SWIFT Code: GENODES1VBK

Volksbank Backnang Backnang City Swift/BIc Code Details

Bank NameVolksbank Backnang
Swift CodeGENODES1VBK
Branch Not Available
CountryGermany DE
CityBacknang
Branch Code VBK
SWIFT code (8 characters) GENODES1
BIC Code analysis8-letter swift code: GENODES1
Branch code: VBK
Institution s 4-letter code: GENO
Country code: DE
Location code: S1

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?

Example: GENODES1VBK
  • GENO4 letters: Institution Code or bank code.
  • DE2 letters: ISO 3166-1 alpha-2 country code.
  • S12 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.
  • VBK 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.