SWIFT Code GENODES1ULY — VOLKSBANK ULM-BIBERACH EG, ULM

About SWIFT Code GENODES1ULY — VOLKSBANK ULM-BIBERACH EG, ULM

SWIFT code GENODES1ULY is the official 11-character branch-specific BIC (Bank Identifier Code) for VOLKSBANK ULM-BIBERACH EG in ULM, 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 ULM-BIBERACH EG for all outward international remittances from ULM. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code GENODES1ULY

The code GENODES1ULY follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code GENODES1ULY

Receiving International Wire Transfers

To receive money from abroad at your VOLKSBANK ULM-BIBERACH EG account in ULM, share SWIFT code GENODES1ULY 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 ULM-BIBERACH EG, ULM must provide SWIFT code GENODES1ULY. 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 ULM-BIBERACH EG in ULM rely on SWIFT code GENODES1ULY 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 ULM-BIBERACH EG →

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

For TDS challan deposits, find the BSR code for VOLKSBANK ULM-BIBERACH EG →

How SWIFT Code GENODES1ULY Routes an International Transfer

1. Initiation: The sender provides SWIFT code GENODES1ULY 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 ULM-BIBERACH EG.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: VOLKSBANK ULM-BIBERACH EG receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code GENODES1ULY

• Spaces or lowercase letters — Always enter GENODES1ULY uppercase with no spaces.
• Using the wrong city — This code is for ULM 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 GENODES1ULY directly with VOLKSBANK ULM-BIBERACH EG's ULM branch or via the SWIFT BIC Directory.