SWIFT Code GENODEM1DNW — VOLKSBANK DORTMUND-NORDWEST EG, DORTMUND

About SWIFT Code GENODEM1DNW — VOLKSBANK DORTMUND-NORDWEST EG, DORTMUND

SWIFT code GENODEM1DNW is the official 11-character branch-specific BIC (Bank Identifier Code) for VOLKSBANK DORTMUND-NORDWEST EG in DORTMUND, 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 DORTMUND-NORDWEST EG for all outward international remittances from DORTMUND. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code GENODEM1DNW

The code GENODEM1DNW follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code GENODEM1DNW

Receiving International Wire Transfers

To receive money from abroad at your VOLKSBANK DORTMUND-NORDWEST EG account in DORTMUND, share SWIFT code GENODEM1DNW 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 DORTMUND-NORDWEST EG, DORTMUND must provide SWIFT code GENODEM1DNW. 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 DORTMUND-NORDWEST EG in DORTMUND rely on SWIFT code GENODEM1DNW 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 DORTMUND-NORDWEST EG →

For cheque clearing or NACH mandates, use the MICR code for VOLKSBANK DORTMUND-NORDWEST EG →

For TDS challan deposits, find the BSR code for VOLKSBANK DORTMUND-NORDWEST EG →

How SWIFT Code GENODEM1DNW Routes an International Transfer

1. Initiation: The sender provides SWIFT code GENODEM1DNW 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 DORTMUND-NORDWEST EG.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: VOLKSBANK DORTMUND-NORDWEST EG receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code GENODEM1DNW

• Spaces or lowercase letters — Always enter GENODEM1DNW uppercase with no spaces.
• Using the wrong city — This code is for DORTMUND 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 GENODEM1DNW directly with VOLKSBANK DORTMUND-NORDWEST EG's DORTMUND branch or via the SWIFT BIC Directory.