SWIFT Code GENODEF1RUY — VOLKSBANK SAALETAL EG, JENA

About SWIFT Code GENODEF1RUY — VOLKSBANK SAALETAL EG, JENA

SWIFT code GENODEF1RUY is the official 11-character branch-specific BIC (Bank Identifier Code) for VOLKSBANK SAALETAL EG in JENA, 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 SAALETAL EG for all outward international remittances from JENA. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code GENODEF1RUY

The code GENODEF1RUY follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code GENODEF1RUY

Receiving International Wire Transfers

To receive money from abroad at your VOLKSBANK SAALETAL EG account in JENA, share SWIFT code GENODEF1RUY 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 SAALETAL EG, JENA must provide SWIFT code GENODEF1RUY. 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 SAALETAL EG in JENA rely on SWIFT code GENODEF1RUY 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 SAALETAL EG →

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

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

How SWIFT Code GENODEF1RUY Routes an International Transfer

1. Initiation: The sender provides SWIFT code GENODEF1RUY 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 SAALETAL EG.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: VOLKSBANK SAALETAL EG receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code GENODEF1RUY

• Spaces or lowercase letters — Always enter GENODEF1RUY uppercase with no spaces.
• Using the wrong city — This code is for JENA 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 GENODEF1RUY directly with VOLKSBANK SAALETAL EG's JENA branch or via the SWIFT BIC Directory.