SWIFT Code GENODEF1KBW — WALDECKER BANK EG, KORBACH

About SWIFT Code GENODEF1KBW — WALDECKER BANK EG, KORBACH

SWIFT code GENODEF1KBW is the official 11-character branch-specific BIC (Bank Identifier Code) for WALDECKER BANK EG in KORBACH, 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 KORBACH. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code GENODEF1KBW

The code GENODEF1KBW follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code GENODEF1KBW

Receiving International Wire Transfers

To receive money from abroad at your WALDECKER BANK EG account in KORBACH, share SWIFT code GENODEF1KBW 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, KORBACH must provide SWIFT code GENODEF1KBW. 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 KORBACH rely on SWIFT code GENODEF1KBW 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 GENODEF1KBW Routes an International Transfer

1. Initiation: The sender provides SWIFT code GENODEF1KBW 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 GENODEF1KBW

• Spaces or lowercase letters — Always enter GENODEF1KBW uppercase with no spaces.
• Using the wrong city — This code is for KORBACH 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 GENODEF1KBW directly with WALDECKER BANK EG's KORBACH branch or via the SWIFT BIC Directory.