SWIFT Code GENODEF1BZV — VOLKSBANK BAUTZEN EG, BAUTZEN

About SWIFT Code GENODEF1BZV — VOLKSBANK BAUTZEN EG, BAUTZEN

SWIFT code GENODEF1BZV is the official 11-character branch-specific BIC (Bank Identifier Code) for VOLKSBANK BAUTZEN EG in BAUTZEN, 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 BAUTZEN EG for all outward international remittances from BAUTZEN. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code GENODEF1BZV

The code GENODEF1BZV follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code GENODEF1BZV

Receiving International Wire Transfers

To receive money from abroad at your VOLKSBANK BAUTZEN EG account in BAUTZEN, share SWIFT code GENODEF1BZV 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 BAUTZEN EG, BAUTZEN must provide SWIFT code GENODEF1BZV. 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 BAUTZEN EG in BAUTZEN rely on SWIFT code GENODEF1BZV 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 BAUTZEN EG →

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

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

How SWIFT Code GENODEF1BZV Routes an International Transfer

1. Initiation: The sender provides SWIFT code GENODEF1BZV 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 BAUTZEN EG.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: VOLKSBANK BAUTZEN EG receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code GENODEF1BZV

• Spaces or lowercase letters — Always enter GENODEF1BZV uppercase with no spaces.
• Using the wrong city — This code is for BAUTZEN 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 GENODEF1BZV directly with VOLKSBANK BAUTZEN EG's BAUTZEN branch or via the SWIFT BIC Directory.