SWIFT Code CXOMDEM1 — XCOM BANK AG, GRASBRUNN

About SWIFT Code CXOMDEM1 — XCOM BANK AG, GRASBRUNN

SWIFT code CXOMDEM1 is the official 8-character head-office BIC (Bank Identifier Code) for XCOM BANK AG in GRASBRUNN, 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 XCOM BANK AG for all outward international remittances from GRASBRUNN. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code CXOMDEM1

The code CXOMDEM1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code CXOMDEM1

Receiving International Wire Transfers

To receive money from abroad at your XCOM BANK AG account in GRASBRUNN, share SWIFT code CXOMDEM1 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 XCOM BANK AG, GRASBRUNN must provide SWIFT code CXOMDEM1. 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 XCOM BANK AG in GRASBRUNN rely on SWIFT code CXOMDEM1 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 XCOM BANK AG →

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

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

How SWIFT Code CXOMDEM1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code CXOMDEM1 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 XCOM BANK AG.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: XCOM BANK AG receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code CXOMDEM1

• Spaces or lowercase letters — Always enter CXOMDEM1 uppercase with no spaces.
• Using the wrong city — This code is for GRASBRUNN 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 CXOMDEM1 directly with XCOM BANK AG's GRASBRUNN branch or via the SWIFT BIC Directory.