SWIFT Code GENODED1BGY — BENSBERGER BANK EG, REFRATH

About SWIFT Code GENODED1BGY — BENSBERGER BANK EG, REFRATH

SWIFT code GENODED1BGY is the official 11-character branch-specific BIC (Bank Identifier Code) for BENSBERGER BANK EG in REFRATH, 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 BENSBERGER BANK EG for all outward international remittances from REFRATH. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code GENODED1BGY

The code GENODED1BGY follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code GENODED1BGY

Receiving International Wire Transfers

To receive money from abroad at your BENSBERGER BANK EG account in REFRATH, share SWIFT code GENODED1BGY 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 BENSBERGER BANK EG, REFRATH must provide SWIFT code GENODED1BGY. 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 BENSBERGER BANK EG in REFRATH rely on SWIFT code GENODED1BGY 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 BENSBERGER BANK EG →

For cheque clearing or NACH mandates, use the MICR code for BENSBERGER BANK EG →

For TDS challan deposits, find the BSR code for BENSBERGER BANK EG →

How SWIFT Code GENODED1BGY Routes an International Transfer

1. Initiation: The sender provides SWIFT code GENODED1BGY 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 BENSBERGER BANK EG.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BENSBERGER BANK EG receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code GENODED1BGY

• Spaces or lowercase letters — Always enter GENODED1BGY uppercase with no spaces.
• Using the wrong city — This code is for REFRATH 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 GENODED1BGY directly with BENSBERGER BANK EG's REFRATH branch or via the SWIFT BIC Directory.