SWIFT Code FRGGCHB1 — FREIE GEMEINSCHAFTSBANK GENOSSENSCHAFT, BASLE

About SWIFT Code FRGGCHB1 — FREIE GEMEINSCHAFTSBANK GENOSSENSCHAFT, BASLE

SWIFT code FRGGCHB1 is the official 8-character head-office BIC (Bank Identifier Code) for FREIE GEMEINSCHAFTSBANK GENOSSENSCHAFT in BASLE, Switzerland. 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 FREIE GEMEINSCHAFTSBANK GENOSSENSCHAFT for all outward international remittances from BASLE. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code FRGGCHB1

The code FRGGCHB1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code FRGGCHB1

Receiving International Wire Transfers

To receive money from abroad at your FREIE GEMEINSCHAFTSBANK GENOSSENSCHAFT account in BASLE, share SWIFT code FRGGCHB1 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 FREIE GEMEINSCHAFTSBANK GENOSSENSCHAFT, BASLE must provide SWIFT code FRGGCHB1. 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 FREIE GEMEINSCHAFTSBANK GENOSSENSCHAFT in BASLE rely on SWIFT code FRGGCHB1 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 FREIE GEMEINSCHAFTSBANK GENOSSENSCHAFT →

For cheque clearing or NACH mandates, use the MICR code for FREIE GEMEINSCHAFTSBANK GENOSSENSCHAFT →

For TDS challan deposits, find the BSR code for FREIE GEMEINSCHAFTSBANK GENOSSENSCHAFT →

How SWIFT Code FRGGCHB1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code FRGGCHB1 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 FREIE GEMEINSCHAFTSBANK GENOSSENSCHAFT.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: FREIE GEMEINSCHAFTSBANK GENOSSENSCHAFT receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code FRGGCHB1

• Spaces or lowercase letters — Always enter FRGGCHB1 uppercase with no spaces.
• Using the wrong city — This code is for BASLE 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 Switzerland.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm FRGGCHB1 directly with FREIE GEMEINSCHAFTSBANK GENOSSENSCHAFT's BASLE branch or via the SWIFT BIC Directory.