SWIFT Code GENODEM1WLM — WL-BANK AG, MUENSTER (WESTF)

About SWIFT Code GENODEM1WLM — WL-BANK AG, MUENSTER (WESTF)

SWIFT code GENODEM1WLM is the official 11-character branch-specific BIC (Bank Identifier Code) for WL-BANK AG in MUENSTER (WESTF), 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 WL-BANK AG for all outward international remittances from MUENSTER (WESTF). Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code GENODEM1WLM

The code GENODEM1WLM follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code GENODEM1WLM

Receiving International Wire Transfers

To receive money from abroad at your WL-BANK AG account in MUENSTER (WESTF), share SWIFT code GENODEM1WLM 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 WL-BANK AG, MUENSTER (WESTF) must provide SWIFT code GENODEM1WLM. 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 WL-BANK AG in MUENSTER (WESTF) rely on SWIFT code GENODEM1WLM 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 WL-BANK AG →

For cheque clearing or NACH mandates, use the MICR code for WL-BANK AG →

For TDS challan deposits, find the BSR code for WL-BANK AG →

How SWIFT Code GENODEM1WLM Routes an International Transfer

1. Initiation: The sender provides SWIFT code GENODEM1WLM 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 WL-BANK AG.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: WL-BANK AG receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code GENODEM1WLM

• Spaces or lowercase letters — Always enter GENODEM1WLM uppercase with no spaces.
• Using the wrong city — This code is for MUENSTER (WESTF) 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 GENODEM1WLM directly with WL-BANK AG's MUENSTER (WESTF) branch or via the SWIFT BIC Directory.