SWIFT Code BFWODE71 — BFW-BANK FUER WOHNUNGSWIRTSCHAFT, NEUBIBERG

About SWIFT Code BFWODE71 — BFW-BANK FUER WOHNUNGSWIRTSCHAFT, NEUBIBERG

SWIFT code BFWODE71 is the official 8-character head-office BIC (Bank Identifier Code) for BFW-BANK FUER WOHNUNGSWIRTSCHAFT in NEUBIBERG, 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 BFW-BANK FUER WOHNUNGSWIRTSCHAFT for all outward international remittances from NEUBIBERG. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code BFWODE71

The code BFWODE71 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code BFWODE71

Receiving International Wire Transfers

To receive money from abroad at your BFW-BANK FUER WOHNUNGSWIRTSCHAFT account in NEUBIBERG, share SWIFT code BFWODE71 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 BFW-BANK FUER WOHNUNGSWIRTSCHAFT, NEUBIBERG must provide SWIFT code BFWODE71. 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 BFW-BANK FUER WOHNUNGSWIRTSCHAFT in NEUBIBERG rely on SWIFT code BFWODE71 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 BFW-BANK FUER WOHNUNGSWIRTSCHAFT →

For cheque clearing or NACH mandates, use the MICR code for BFW-BANK FUER WOHNUNGSWIRTSCHAFT →

For TDS challan deposits, find the BSR code for BFW-BANK FUER WOHNUNGSWIRTSCHAFT →

How SWIFT Code BFWODE71 Routes an International Transfer

1. Initiation: The sender provides SWIFT code BFWODE71 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 BFW-BANK FUER WOHNUNGSWIRTSCHAFT.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BFW-BANK FUER WOHNUNGSWIRTSCHAFT receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code BFWODE71

• Spaces or lowercase letters — Always enter BFWODE71 uppercase with no spaces.
• Using the wrong city — This code is for NEUBIBERG 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 BFWODE71 directly with BFW-BANK FUER WOHNUNGSWIRTSCHAFT's NEUBIBERG branch or via the SWIFT BIC Directory.