SWIFT Code GENODEF1PAP — VOLKSBANK PAPENBURG EG, PAPENBURG

About SWIFT Code GENODEF1PAP — VOLKSBANK PAPENBURG EG, PAPENBURG

SWIFT code GENODEF1PAP is the official 11-character branch-specific BIC (Bank Identifier Code) for VOLKSBANK PAPENBURG EG in PAPENBURG, 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 PAPENBURG EG for all outward international remittances from PAPENBURG. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code GENODEF1PAP

The code GENODEF1PAP follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code GENODEF1PAP

Receiving International Wire Transfers

To receive money from abroad at your VOLKSBANK PAPENBURG EG account in PAPENBURG, share SWIFT code GENODEF1PAP 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 PAPENBURG EG, PAPENBURG must provide SWIFT code GENODEF1PAP. 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 PAPENBURG EG in PAPENBURG rely on SWIFT code GENODEF1PAP 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 PAPENBURG EG →

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

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

How SWIFT Code GENODEF1PAP Routes an International Transfer

1. Initiation: The sender provides SWIFT code GENODEF1PAP 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 PAPENBURG EG.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: VOLKSBANK PAPENBURG EG receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code GENODEF1PAP

• Spaces or lowercase letters — Always enter GENODEF1PAP uppercase with no spaces.
• Using the wrong city — This code is for PAPENBURG 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 GENODEF1PAP directly with VOLKSBANK PAPENBURG EG's PAPENBURG branch or via the SWIFT BIC Directory.