SWIFT Code SCHWDESS — SCHWAEBISCHE BANK AKTIENGESELLSCHAFT, STUTTGART

About SWIFT Code SCHWDESS — SCHWAEBISCHE BANK AKTIENGESELLSCHAFT, STUTTGART

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

How to Read SWIFT Code SCHWDESS

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

When to Use SWIFT Code SCHWDESS

Receiving International Wire Transfers

To receive money from abroad at your SCHWAEBISCHE BANK AKTIENGESELLSCHAFT account in STUTTGART, share SWIFT code SCHWDESS 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 SCHWAEBISCHE BANK AKTIENGESELLSCHAFT, STUTTGART must provide SWIFT code SCHWDESS. 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 SCHWAEBISCHE BANK AKTIENGESELLSCHAFT in STUTTGART rely on SWIFT code SCHWDESS 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 SCHWAEBISCHE BANK AKTIENGESELLSCHAFT →

For cheque clearing or NACH mandates, use the MICR code for SCHWAEBISCHE BANK AKTIENGESELLSCHAFT →

For TDS challan deposits, find the BSR code for SCHWAEBISCHE BANK AKTIENGESELLSCHAFT →

How SWIFT Code SCHWDESS Routes an International Transfer

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

Common Mistakes When Using SWIFT Code SCHWDESS

• Spaces or lowercase letters — Always enter SCHWDESS uppercase with no spaces.
• Using the wrong city — This code is for STUTTGART 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 SCHWDESS directly with SCHWAEBISCHE BANK AKTIENGESELLSCHAFT's STUTTGART branch or via the SWIFT BIC Directory.