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Deutsche Bundesbank Swift Code in Hagen city of Germany

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

The SWIFT code of Deutsche Bundesbank Hagen City is MARKDEF1450. The branch located in Hagen City, Of Germany (DE).

Deutsche Bundesbank SWIFT Code: MARKDEF1450

Deutsche Bundesbank Hagen City Swift/BIc Code Details

Bank NameDeutsche Bundesbank
Swift CodeMARKDEF1450
Branch Not Available
CountryGermany DE
CityHagen
Branch Code 450
SWIFT code (8 characters) MARKDEF1
BIC Code analysis8-letter swift code: MARKDEF1
Branch code: 450
Institution s 4-letter code: MARK
Country code: DE
Location code: F1

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: MARKDEF1450
  • MARK4 letters: Institution Code or bank code.
  • DE2 letters: ISO 3166-1 alpha-2 country code.
  • F12 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.
  • 450 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.