SWIFT Code SOLADEST850 — SACHSEN BANK (TRADING AS LANDESBANK BADEN-WUERTTEMBERG), DRESDEN

About SWIFT Code SOLADEST850 — SACHSEN BANK (TRADING AS LANDESBANK BADEN-WUERTTEMBERG), DRESDEN

SWIFT code SOLADEST850 is the official 11-character branch-specific BIC (Bank Identifier Code) for SACHSEN BANK (TRADING AS LANDESBANK BADEN-WUERTTEMBERG) in DRESDEN, 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 SACHSEN BANK (TRADING AS LANDESBANK BADEN-WUERTTEMBERG) for all outward international remittances from DRESDEN. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code SOLADEST850

The code SOLADEST850 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code SOLADEST850

Receiving International Wire Transfers

To receive money from abroad at your SACHSEN BANK (TRADING AS LANDESBANK BADEN-WUERTTEMBERG) account in DRESDEN, share SWIFT code SOLADEST850 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 SACHSEN BANK (TRADING AS LANDESBANK BADEN-WUERTTEMBERG), DRESDEN must provide SWIFT code SOLADEST850. 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 SACHSEN BANK (TRADING AS LANDESBANK BADEN-WUERTTEMBERG) in DRESDEN rely on SWIFT code SOLADEST850 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 SACHSEN BANK (TRADING AS LANDESBANK BADEN-WUERTTEMBERG) →

For cheque clearing or NACH mandates, use the MICR code for SACHSEN BANK (TRADING AS LANDESBANK BADEN-WUERTTEMBERG) →

For TDS challan deposits, find the BSR code for SACHSEN BANK (TRADING AS LANDESBANK BADEN-WUERTTEMBERG) →

How SWIFT Code SOLADEST850 Routes an International Transfer

1. Initiation: The sender provides SWIFT code SOLADEST850 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 SACHSEN BANK (TRADING AS LANDESBANK BADEN-WUERTTEMBERG).
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: SACHSEN BANK (TRADING AS LANDESBANK BADEN-WUERTTEMBERG) receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code SOLADEST850

• Spaces or lowercase letters — Always enter SOLADEST850 uppercase with no spaces.
• Using the wrong city — This code is for DRESDEN 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 SOLADEST850 directly with SACHSEN BANK (TRADING AS LANDESBANK BADEN-WUERTTEMBERG)'s DRESDEN branch or via the SWIFT BIC Directory.