SWIFT Code GENODE51BUT — VOLKSBANK BUTZBACH EG, BUTZBACH

About SWIFT Code GENODE51BUT — VOLKSBANK BUTZBACH EG, BUTZBACH

SWIFT code GENODE51BUT is the official 11-character branch-specific BIC (Bank Identifier Code) for VOLKSBANK BUTZBACH EG in BUTZBACH, 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 BUTZBACH EG for all outward international remittances from BUTZBACH. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code GENODE51BUT

The code GENODE51BUT follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code GENODE51BUT

Receiving International Wire Transfers

To receive money from abroad at your VOLKSBANK BUTZBACH EG account in BUTZBACH, share SWIFT code GENODE51BUT 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 BUTZBACH EG, BUTZBACH must provide SWIFT code GENODE51BUT. 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 BUTZBACH EG in BUTZBACH rely on SWIFT code GENODE51BUT 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 BUTZBACH EG →

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

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

How SWIFT Code GENODE51BUT Routes an International Transfer

1. Initiation: The sender provides SWIFT code GENODE51BUT 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 BUTZBACH EG.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: VOLKSBANK BUTZBACH EG receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code GENODE51BUT

• Spaces or lowercase letters — Always enter GENODE51BUT uppercase with no spaces.
• Using the wrong city — This code is for BUTZBACH 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 GENODE51BUT directly with VOLKSBANK BUTZBACH EG's BUTZBACH branch or via the SWIFT BIC Directory.