SWIFT Code GENODEF1KBY — WALDECKER BANK EG, BAD AROLSEN

About SWIFT Code GENODEF1KBY — WALDECKER BANK EG, BAD AROLSEN

SWIFT code GENODEF1KBY is the official 11-character branch-specific BIC (Bank Identifier Code) for WALDECKER BANK EG in BAD AROLSEN, 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 WALDECKER BANK EG for all outward international remittances from BAD AROLSEN. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code GENODEF1KBY

The code GENODEF1KBY follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code GENODEF1KBY

Receiving International Wire Transfers

To receive money from abroad at your WALDECKER BANK EG account in BAD AROLSEN, share SWIFT code GENODEF1KBY 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 WALDECKER BANK EG, BAD AROLSEN must provide SWIFT code GENODEF1KBY. 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 WALDECKER BANK EG in BAD AROLSEN rely on SWIFT code GENODEF1KBY 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 WALDECKER BANK EG →

For cheque clearing or NACH mandates, use the MICR code for WALDECKER BANK EG →

For TDS challan deposits, find the BSR code for WALDECKER BANK EG →

How SWIFT Code GENODEF1KBY Routes an International Transfer

1. Initiation: The sender provides SWIFT code GENODEF1KBY 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 WALDECKER BANK EG.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: WALDECKER BANK EG receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code GENODEF1KBY

• Spaces or lowercase letters — Always enter GENODEF1KBY uppercase with no spaces.
• Using the wrong city — This code is for BAD AROLSEN 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 GENODEF1KBY directly with WALDECKER BANK EG's BAD AROLSEN branch or via the SWIFT BIC Directory.