SWIFT Code GENODE61LEY — VOLKSBANK LAUTERECKEN EG, ODENBACH

About SWIFT Code GENODE61LEY — VOLKSBANK LAUTERECKEN EG, ODENBACH

SWIFT code GENODE61LEY is the official 11-character branch-specific BIC (Bank Identifier Code) for VOLKSBANK LAUTERECKEN EG in ODENBACH, 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 LAUTERECKEN EG for all outward international remittances from ODENBACH. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code GENODE61LEY

The code GENODE61LEY follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code GENODE61LEY

Receiving International Wire Transfers

To receive money from abroad at your VOLKSBANK LAUTERECKEN EG account in ODENBACH, share SWIFT code GENODE61LEY 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 LAUTERECKEN EG, ODENBACH must provide SWIFT code GENODE61LEY. 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 LAUTERECKEN EG in ODENBACH rely on SWIFT code GENODE61LEY 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 LAUTERECKEN EG →

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

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

How SWIFT Code GENODE61LEY Routes an International Transfer

1. Initiation: The sender provides SWIFT code GENODE61LEY 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 LAUTERECKEN EG.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: VOLKSBANK LAUTERECKEN EG receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code GENODE61LEY

• Spaces or lowercase letters — Always enter GENODE61LEY uppercase with no spaces.
• Using the wrong city — This code is for ODENBACH 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 GENODE61LEY directly with VOLKSBANK LAUTERECKEN EG's ODENBACH branch or via the SWIFT BIC Directory.