SWIFT Code VOODDEH1 — VOLKSBANK OLDENBURG EG, EDEWECHT

About SWIFT Code VOODDEH1 — VOLKSBANK OLDENBURG EG, EDEWECHT

SWIFT code VOODDEH1 is the official 8-character head-office BIC (Bank Identifier Code) for VOLKSBANK OLDENBURG EG in EDEWECHT, 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 OLDENBURG EG for all outward international remittances from EDEWECHT. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code VOODDEH1

The code VOODDEH1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code VOODDEH1

Receiving International Wire Transfers

To receive money from abroad at your VOLKSBANK OLDENBURG EG account in EDEWECHT, share SWIFT code VOODDEH1 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 OLDENBURG EG, EDEWECHT must provide SWIFT code VOODDEH1. 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 OLDENBURG EG in EDEWECHT rely on SWIFT code VOODDEH1 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 OLDENBURG EG →

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

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

How SWIFT Code VOODDEH1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code VOODDEH1 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 OLDENBURG EG.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: VOLKSBANK OLDENBURG EG receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code VOODDEH1

• Spaces or lowercase letters — Always enter VOODDEH1 uppercase with no spaces.
• Using the wrong city — This code is for EDEWECHT 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 VOODDEH1 directly with VOLKSBANK OLDENBURG EG's EDEWECHT branch or via the SWIFT BIC Directory.