SWIFT Code MVBMDE51050 — MAINZER VOLKSBANK E.G., OPPENHEIM

About SWIFT Code MVBMDE51050 — MAINZER VOLKSBANK E.G., OPPENHEIM

SWIFT code MVBMDE51050 is the official 11-character branch-specific BIC (Bank Identifier Code) for MAINZER VOLKSBANK E.G. in OPPENHEIM, 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 MAINZER VOLKSBANK E.G. for all outward international remittances from OPPENHEIM. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code MVBMDE51050

The code MVBMDE51050 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code MVBMDE51050

Receiving International Wire Transfers

To receive money from abroad at your MAINZER VOLKSBANK E.G. account in OPPENHEIM, share SWIFT code MVBMDE51050 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 MAINZER VOLKSBANK E.G., OPPENHEIM must provide SWIFT code MVBMDE51050. 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 MAINZER VOLKSBANK E.G. in OPPENHEIM rely on SWIFT code MVBMDE51050 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 MAINZER VOLKSBANK E.G. →

For cheque clearing or NACH mandates, use the MICR code for MAINZER VOLKSBANK E.G. →

For TDS challan deposits, find the BSR code for MAINZER VOLKSBANK E.G. →

How SWIFT Code MVBMDE51050 Routes an International Transfer

1. Initiation: The sender provides SWIFT code MVBMDE51050 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 MAINZER VOLKSBANK E.G..
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: MAINZER VOLKSBANK E.G. receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code MVBMDE51050

• Spaces or lowercase letters — Always enter MVBMDE51050 uppercase with no spaces.
• Using the wrong city — This code is for OPPENHEIM 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 MVBMDE51050 directly with MAINZER VOLKSBANK E.G.'s OPPENHEIM branch or via the SWIFT BIC Directory.