SWIFT Code GENODEF1VDA — VOLKSBANK DASSEL EG, DASSEL

About SWIFT Code GENODEF1VDA — VOLKSBANK DASSEL EG, DASSEL

SWIFT code GENODEF1VDA is the official 11-character branch-specific BIC (Bank Identifier Code) for VOLKSBANK DASSEL EG in DASSEL, 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 DASSEL EG for all outward international remittances from DASSEL. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code GENODEF1VDA

The code GENODEF1VDA follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code GENODEF1VDA

Receiving International Wire Transfers

To receive money from abroad at your VOLKSBANK DASSEL EG account in DASSEL, share SWIFT code GENODEF1VDA 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 DASSEL EG, DASSEL must provide SWIFT code GENODEF1VDA. 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 DASSEL EG in DASSEL rely on SWIFT code GENODEF1VDA 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 DASSEL EG →

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

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

How SWIFT Code GENODEF1VDA Routes an International Transfer

1. Initiation: The sender provides SWIFT code GENODEF1VDA 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 DASSEL EG.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: VOLKSBANK DASSEL EG receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code GENODEF1VDA

• Spaces or lowercase letters — Always enter GENODEF1VDA uppercase with no spaces.
• Using the wrong city — This code is for DASSEL 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 GENODEF1VDA directly with VOLKSBANK DASSEL EG's DASSEL branch or via the SWIFT BIC Directory.