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Deutsche Bundesbank Swift Code in Magdeburg city of Germany

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

The SWIFT code of Deutsche Bundesbank Magdeburg City is MARKDEF1810. The branch located in Magdeburg City, Of Germany (DE).

Deutsche Bundesbank SWIFT Code: MARKDEF1810

Deutsche Bundesbank Magdeburg City Swift/BIc Code Details

Bank NameDeutsche Bundesbank
Swift CodeMARKDEF1810
Branch Not Available
CountryGermany DE
CityMagdeburg
Branch Code 810
SWIFT code (8 characters) MARKDEF1
BIC Code analysis8-letter swift code: MARKDEF1
Branch code: 810
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: MARKDEF1810
  • 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.
  • 810 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.