SWIFT Code GENODEM1AHZ — VOLKSBANK AHLEN-SASSENBERG-WARENDORF EG, AHLEN

About SWIFT Code GENODEM1AHZ — VOLKSBANK AHLEN-SASSENBERG-WARENDORF EG, AHLEN

SWIFT code GENODEM1AHZ is the official 11-character branch-specific BIC (Bank Identifier Code) for VOLKSBANK AHLEN-SASSENBERG-WARENDORF EG in AHLEN, 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 VOLKSBANK AHLEN-SASSENBERG-WARENDORF EG for all outward international remittances from AHLEN. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code GENODEM1AHZ

The code GENODEM1AHZ follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code GENODEM1AHZ

Receiving International Wire Transfers

To receive money from abroad at your VOLKSBANK AHLEN-SASSENBERG-WARENDORF EG account in AHLEN, share SWIFT code GENODEM1AHZ 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 VOLKSBANK AHLEN-SASSENBERG-WARENDORF EG, AHLEN must provide SWIFT code GENODEM1AHZ. 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 VOLKSBANK AHLEN-SASSENBERG-WARENDORF EG in AHLEN rely on SWIFT code GENODEM1AHZ 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 VOLKSBANK AHLEN-SASSENBERG-WARENDORF EG →

For cheque clearing or NACH mandates, use the MICR code for VOLKSBANK AHLEN-SASSENBERG-WARENDORF EG →

For TDS challan deposits, find the BSR code for VOLKSBANK AHLEN-SASSENBERG-WARENDORF EG →

How SWIFT Code GENODEM1AHZ Routes an International Transfer

1. Initiation: The sender provides SWIFT code GENODEM1AHZ 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 VOLKSBANK AHLEN-SASSENBERG-WARENDORF EG.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: VOLKSBANK AHLEN-SASSENBERG-WARENDORF EG receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code GENODEM1AHZ

• Spaces or lowercase letters — Always enter GENODEM1AHZ uppercase with no spaces.
• Using the wrong city — This code is for AHLEN 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 GENODEM1AHZ directly with VOLKSBANK AHLEN-SASSENBERG-WARENDORF EG's AHLEN branch or via the SWIFT BIC Directory.