SWIFT Code GENODE51BUD — BUDENHEIMER VOLKSBANK EG, BUDENHEIM

About SWIFT Code GENODE51BUD — BUDENHEIMER VOLKSBANK EG, BUDENHEIM

SWIFT code GENODE51BUD is the official 11-character branch-specific BIC (Bank Identifier Code) for BUDENHEIMER VOLKSBANK EG in BUDENHEIM, 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 BUDENHEIMER VOLKSBANK EG for all outward international remittances from BUDENHEIM. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code GENODE51BUD

The code GENODE51BUD follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code GENODE51BUD

Receiving International Wire Transfers

To receive money from abroad at your BUDENHEIMER VOLKSBANK EG account in BUDENHEIM, share SWIFT code GENODE51BUD 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 BUDENHEIMER VOLKSBANK EG, BUDENHEIM must provide SWIFT code GENODE51BUD. 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 BUDENHEIMER VOLKSBANK EG in BUDENHEIM rely on SWIFT code GENODE51BUD 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 BUDENHEIMER VOLKSBANK EG →

For cheque clearing or NACH mandates, use the MICR code for BUDENHEIMER VOLKSBANK EG →

For TDS challan deposits, find the BSR code for BUDENHEIMER VOLKSBANK EG →

How SWIFT Code GENODE51BUD Routes an International Transfer

1. Initiation: The sender provides SWIFT code GENODE51BUD 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 BUDENHEIMER VOLKSBANK EG.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BUDENHEIMER VOLKSBANK EG receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code GENODE51BUD

• Spaces or lowercase letters — Always enter GENODE51BUD uppercase with no spaces.
• Using the wrong city — This code is for BUDENHEIM 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 GENODE51BUD directly with BUDENHEIMER VOLKSBANK EG's BUDENHEIM branch or via the SWIFT BIC Directory.