SWIFT Code VABKDE3E — VALOVIS BANK, ESSEN

About SWIFT Code VABKDE3E — VALOVIS BANK, ESSEN

SWIFT code VABKDE3E is the official 8-character head-office BIC (Bank Identifier Code) for VALOVIS BANK in ESSEN, 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 VALOVIS BANK for all outward international remittances from ESSEN. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code VABKDE3E

The code VABKDE3E follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code VABKDE3E

Receiving International Wire Transfers

To receive money from abroad at your VALOVIS BANK account in ESSEN, share SWIFT code VABKDE3E 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 VALOVIS BANK, ESSEN must provide SWIFT code VABKDE3E. 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 VALOVIS BANK in ESSEN rely on SWIFT code VABKDE3E 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 VALOVIS BANK →

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

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

How SWIFT Code VABKDE3E Routes an International Transfer

1. Initiation: The sender provides SWIFT code VABKDE3E 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 VALOVIS BANK.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: VALOVIS BANK receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code VABKDE3E

• Spaces or lowercase letters — Always enter VABKDE3E uppercase with no spaces.
• Using the wrong city — This code is for ESSEN 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 VABKDE3E directly with VALOVIS BANK's ESSEN branch or via the SWIFT BIC Directory.