SWIFT Code WELADED1UMX — STADTSPARKASSE SCHWEDT, SCHWEDT

About SWIFT Code WELADED1UMX — STADTSPARKASSE SCHWEDT, SCHWEDT

SWIFT code WELADED1UMX is the official 11-character branch-specific BIC (Bank Identifier Code) for STADTSPARKASSE SCHWEDT in SCHWEDT, 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 STADTSPARKASSE SCHWEDT for all outward international remittances from SCHWEDT. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code WELADED1UMX

The code WELADED1UMX follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code WELADED1UMX

Receiving International Wire Transfers

To receive money from abroad at your STADTSPARKASSE SCHWEDT account in SCHWEDT, share SWIFT code WELADED1UMX 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 STADTSPARKASSE SCHWEDT, SCHWEDT must provide SWIFT code WELADED1UMX. 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 STADTSPARKASSE SCHWEDT in SCHWEDT rely on SWIFT code WELADED1UMX 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 STADTSPARKASSE SCHWEDT →

For cheque clearing or NACH mandates, use the MICR code for STADTSPARKASSE SCHWEDT →

For TDS challan deposits, find the BSR code for STADTSPARKASSE SCHWEDT →

How SWIFT Code WELADED1UMX Routes an International Transfer

1. Initiation: The sender provides SWIFT code WELADED1UMX 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 STADTSPARKASSE SCHWEDT.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: STADTSPARKASSE SCHWEDT receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code WELADED1UMX

• Spaces or lowercase letters — Always enter WELADED1UMX uppercase with no spaces.
• Using the wrong city — This code is for SCHWEDT 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 WELADED1UMX directly with STADTSPARKASSE SCHWEDT's SCHWEDT branch or via the SWIFT BIC Directory.