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What is SWIFT Code?

SWIFT code is a standard format of Bank Identifier Codes (BIC) and serves as a unique identifier for a bank or financial institution.

These codes are used when transferring money between banks, particularly for international wire transfers. On top of that, the code is used to transmit messages between financial institutions and banks.

The SWIFT code can be either 8 or 11 characters long and 8 digits code refers to the primary office. The format of SWIFT Code is as follows;

AAAA BB CC DDD

  • The first 4 characters ("AAAA") specify the bank. Only letters are allowed.
  • The next 2 characters ("BB") specify the country. It use the format of ISO 3166-1 alpha-2 country code.
  • The next 2 characters ("CC") specify the location. Letters and digits are allowed. Passive participant will have "1" in the second character
  • The last 3 characters ("DDD") specify the branch. This is an optional. A 'XXX' refer to primary office. Letters and digits are allowed.

VOLKSBANK MITTLERES ERZGEBIRGE EG SWIFT Code, OLBERNHAU



Details information for VOLKSBANK MITTLERES ERZGEBIRGE EG in OLBERNHAU


Item Description
SWIFT Code

GENODEF1MBG
Bank VOLKSBANK MITTLERES ERZGEBIRGE EG
Branch Name
Address POSTFACH 1163
City OLBERNHAU
Postcode 09521
Country Germany



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