SWIFT Code GENODEF1BHA — VEREINIGTE VOLKSBANK EG, WERNIGERODE

About SWIFT Code GENODEF1BHA — VEREINIGTE VOLKSBANK EG, WERNIGERODE

SWIFT code GENODEF1BHA is the official 11-character branch-specific BIC (Bank Identifier Code) for VEREINIGTE VOLKSBANK EG in WERNIGERODE, 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 VEREINIGTE VOLKSBANK EG for all outward international remittances from WERNIGERODE. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code GENODEF1BHA

The code GENODEF1BHA follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code GENODEF1BHA

Receiving International Wire Transfers

To receive money from abroad at your VEREINIGTE VOLKSBANK EG account in WERNIGERODE, share SWIFT code GENODEF1BHA 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 VEREINIGTE VOLKSBANK EG, WERNIGERODE must provide SWIFT code GENODEF1BHA. 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 VEREINIGTE VOLKSBANK EG in WERNIGERODE rely on SWIFT code GENODEF1BHA 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 VEREINIGTE VOLKSBANK EG →

For cheque clearing or NACH mandates, use the MICR code for VEREINIGTE VOLKSBANK EG →

For TDS challan deposits, find the BSR code for VEREINIGTE VOLKSBANK EG →

How SWIFT Code GENODEF1BHA Routes an International Transfer

1. Initiation: The sender provides SWIFT code GENODEF1BHA 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 VEREINIGTE VOLKSBANK EG.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: VEREINIGTE VOLKSBANK EG receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code GENODEF1BHA

• Spaces or lowercase letters — Always enter GENODEF1BHA uppercase with no spaces.
• Using the wrong city — This code is for WERNIGERODE 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 GENODEF1BHA directly with VEREINIGTE VOLKSBANK EG's WERNIGERODE branch or via the SWIFT BIC Directory.