SWIFT Code GENODEF1DAM — VOLKSBANK DAMMER BERGE EG, DAMME

About SWIFT Code GENODEF1DAM — VOLKSBANK DAMMER BERGE EG, DAMME

SWIFT code GENODEF1DAM is the official 11-character branch-specific BIC (Bank Identifier Code) for VOLKSBANK DAMMER BERGE EG in DAMME, 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 DAMMER BERGE EG for all outward international remittances from DAMME. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code GENODEF1DAM

The code GENODEF1DAM follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code GENODEF1DAM

Receiving International Wire Transfers

To receive money from abroad at your VOLKSBANK DAMMER BERGE EG account in DAMME, share SWIFT code GENODEF1DAM 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 DAMMER BERGE EG, DAMME must provide SWIFT code GENODEF1DAM. 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 DAMMER BERGE EG in DAMME rely on SWIFT code GENODEF1DAM 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 DAMMER BERGE EG →

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

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

How SWIFT Code GENODEF1DAM Routes an International Transfer

1. Initiation: The sender provides SWIFT code GENODEF1DAM 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 DAMMER BERGE EG.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: VOLKSBANK DAMMER BERGE EG receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code GENODEF1DAM

• Spaces or lowercase letters — Always enter GENODEF1DAM uppercase with no spaces.
• Using the wrong city — This code is for DAMME 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 GENODEF1DAM directly with VOLKSBANK DAMMER BERGE EG's DAMME branch or via the SWIFT BIC Directory.