SWIFT Code GENODE51WW1 — WESTERWALD BANK EG, HACHENBURG

About SWIFT Code GENODE51WW1 — WESTERWALD BANK EG, HACHENBURG

SWIFT code GENODE51WW1 is the official 11-character branch-specific BIC (Bank Identifier Code) for WESTERWALD BANK EG in HACHENBURG, 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 WESTERWALD BANK EG for all outward international remittances from HACHENBURG. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code GENODE51WW1

The code GENODE51WW1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code GENODE51WW1

Receiving International Wire Transfers

To receive money from abroad at your WESTERWALD BANK EG account in HACHENBURG, share SWIFT code GENODE51WW1 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 WESTERWALD BANK EG, HACHENBURG must provide SWIFT code GENODE51WW1. 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 WESTERWALD BANK EG in HACHENBURG rely on SWIFT code GENODE51WW1 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 WESTERWALD BANK EG →

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

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

How SWIFT Code GENODE51WW1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code GENODE51WW1 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 WESTERWALD BANK EG.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: WESTERWALD BANK EG receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code GENODE51WW1

• Spaces or lowercase letters — Always enter GENODE51WW1 uppercase with no spaces.
• Using the wrong city — This code is for HACHENBURG 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 GENODE51WW1 directly with WESTERWALD BANK EG's HACHENBURG branch or via the SWIFT BIC Directory.