SWIFT Code GGABDE31 — GEFA GESELLSCHAFT FUR ABSATZFINANZIERUNG MBH, WUPPERTAL

About SWIFT Code GGABDE31 — GEFA GESELLSCHAFT FUR ABSATZFINANZIERUNG MBH, WUPPERTAL

SWIFT code GGABDE31 is the official 8-character head-office BIC (Bank Identifier Code) for GEFA GESELLSCHAFT FUR ABSATZFINANZIERUNG MBH in WUPPERTAL, 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 GEFA GESELLSCHAFT FUR ABSATZFINANZIERUNG MBH for all outward international remittances from WUPPERTAL. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code GGABDE31

The code GGABDE31 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code GGABDE31

Receiving International Wire Transfers

To receive money from abroad at your GEFA GESELLSCHAFT FUR ABSATZFINANZIERUNG MBH account in WUPPERTAL, share SWIFT code GGABDE31 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 GEFA GESELLSCHAFT FUR ABSATZFINANZIERUNG MBH, WUPPERTAL must provide SWIFT code GGABDE31. 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 GEFA GESELLSCHAFT FUR ABSATZFINANZIERUNG MBH in WUPPERTAL rely on SWIFT code GGABDE31 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 GEFA GESELLSCHAFT FUR ABSATZFINANZIERUNG MBH →

For cheque clearing or NACH mandates, use the MICR code for GEFA GESELLSCHAFT FUR ABSATZFINANZIERUNG MBH →

For TDS challan deposits, find the BSR code for GEFA GESELLSCHAFT FUR ABSATZFINANZIERUNG MBH →

How SWIFT Code GGABDE31 Routes an International Transfer

1. Initiation: The sender provides SWIFT code GGABDE31 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 GEFA GESELLSCHAFT FUR ABSATZFINANZIERUNG MBH.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: GEFA GESELLSCHAFT FUR ABSATZFINANZIERUNG MBH receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code GGABDE31

• Spaces or lowercase letters — Always enter GGABDE31 uppercase with no spaces.
• Using the wrong city — This code is for WUPPERTAL 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 GGABDE31 directly with GEFA GESELLSCHAFT FUR ABSATZFINANZIERUNG MBH's WUPPERTAL branch or via the SWIFT BIC Directory.