SWIFT Code BFSWDE33DRE — BANK FUER SOZIALWIRTSCHAFT AG, DRESDEN

About SWIFT Code BFSWDE33DRE — BANK FUER SOZIALWIRTSCHAFT AG, DRESDEN

SWIFT code BFSWDE33DRE is the official 11-character branch-specific BIC (Bank Identifier Code) for BANK FUER SOZIALWIRTSCHAFT AG in DRESDEN, Germany. Standardised under ISO 9362 and maintained by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), this code is used exclusively for cross-border wire transfers and is recognised by financial institutions in over 200 countries.

This code must be provided to the sender when receiving money from abroad, and is required by BANK FUER SOZIALWIRTSCHAFT AG for all outward international remittances from DRESDEN. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code BFSWDE33DRE

The code BFSWDE33DRE follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code BFSWDE33DRE

Receiving International Wire Transfers

To receive money from abroad at your BANK FUER SOZIALWIRTSCHAFT AG account in DRESDEN, share SWIFT code BFSWDE33DRE with the sender along with your full account number, your name as on the account, and the branch address.

NRI Remittances

Non-Resident Indians sending money to NRO/NRE accounts at BANK FUER SOZIALWIRTSCHAFT AG, DRESDEN must provide SWIFT code BFSWDE33DRE. Major remittance platforms — including Wise, Remitly, Western Union, and MoneyGram — use this code to route transfers accurately.

Trade Finance and Foreign Payments

Importers and exporters using BANK FUER SOZIALWIRTSCHAFT AG in DRESDEN rely on SWIFT code BFSWDE33DRE for letters of credit, bank guarantees, and foreign currency settlements.

SWIFT Code vs IFSC vs MICR vs BSR — Key Differences

Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for BANK FUER SOZIALWIRTSCHAFT AG →

For cheque clearing or NACH mandates, use the MICR code for BANK FUER SOZIALWIRTSCHAFT AG →

For TDS challan deposits, find the BSR code for BANK FUER SOZIALWIRTSCHAFT AG →

How SWIFT Code BFSWDE33DRE Routes an International Transfer

1. Initiation: The sender provides SWIFT code BFSWDE33DRE and account number to their bank.
2. Validation: The sending bank validates the BIC against the SWIFT registry.
3. Routing: An MT103 SWIFT message is transmitted through the network to BANK FUER SOZIALWIRTSCHAFT AG.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BANK FUER SOZIALWIRTSCHAFT AG receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code BFSWDE33DRE

• Spaces or lowercase letters — Always enter BFSWDE33DRE uppercase with no spaces.
• Using the wrong city — This code is for DRESDEN only.
• Truncating to 8 characters — When 11 characters are required, always use the full code.
• Using SWIFT for domestic transfers — Use the IFSC code for any transfer within Germany.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm BFSWDE33DRE directly with BANK FUER SOZIALWIRTSCHAFT AG's DRESDEN branch or via the SWIFT BIC Directory.