SWIFT Code GENODEF1AB2 — VOLKSBANK ASCHAFFENBURG EG, ASCHAFFENBURG

About SWIFT Code GENODEF1AB2 — VOLKSBANK ASCHAFFENBURG EG, ASCHAFFENBURG

SWIFT code GENODEF1AB2 is the official 11-character branch-specific BIC (Bank Identifier Code) for VOLKSBANK ASCHAFFENBURG EG in ASCHAFFENBURG, 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 ASCHAFFENBURG EG for all outward international remittances from ASCHAFFENBURG. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code GENODEF1AB2

The code GENODEF1AB2 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code GENODEF1AB2

Receiving International Wire Transfers

To receive money from abroad at your VOLKSBANK ASCHAFFENBURG EG account in ASCHAFFENBURG, share SWIFT code GENODEF1AB2 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 ASCHAFFENBURG EG, ASCHAFFENBURG must provide SWIFT code GENODEF1AB2. 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 ASCHAFFENBURG EG in ASCHAFFENBURG rely on SWIFT code GENODEF1AB2 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 ASCHAFFENBURG EG →

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

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

How SWIFT Code GENODEF1AB2 Routes an International Transfer

1. Initiation: The sender provides SWIFT code GENODEF1AB2 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 ASCHAFFENBURG EG.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: VOLKSBANK ASCHAFFENBURG EG receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code GENODEF1AB2

• Spaces or lowercase letters — Always enter GENODEF1AB2 uppercase with no spaces.
• Using the wrong city — This code is for ASCHAFFENBURG 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 GENODEF1AB2 directly with VOLKSBANK ASCHAFFENBURG EG's ASCHAFFENBURG branch or via the SWIFT BIC Directory.