GENODE51DAA — Volksbank Daaden
GENODE51DAA is the SWIFT/BIC code for Volksbank Daaden in Germany — an 11-character branch code under ISO 9362.
GENODE51DAA is the SWIFT/BIC code for Volksbank Daaden in Germany. It is an 11-character branch identifier under the ISO 9362 standard.
BIC breakdown (ISO 9362)
| Field | Value |
|---|---|
| Institution | Volksbank Daaden |
| Country | Germany (DE) |
| Location Code | 51 |
| Branch | None |
| Type | 11-character branch code (BIC11) |
⚠️ Critical Money Transfer Warning (YMYL)
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Common Mistakes: Do not confuse the SWIFT/BIC code (identifies the bank branch) with the IBAN (identifies the specific bank account). Using an incorrect branch suffix or a deactivated code can result in payments being returned, delayed, or subject to significant administrative return fees.
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Frequently asked questions
What bank does the SWIFT code GENODE51DAA belong to?
The SWIFT code GENODE51DAA identifies Volksbank Daaden in Germany. This branch code is used for cross-border payments and SWIFT network routing.
What do the parts of the SWIFT code GENODE51DAA mean?
The 8 or 11 characters of GENODE51DAA are parsed as follows: characters 1-4 (GENO) represent the bank code for Volksbank Daaden; characters 5-6 (DE) indicate the country code for Germany; characters 7-8 (51) specify the location code; and the final characters (DAA) designate the specific branch.
Is the BIC code GENODE51DAA active on the SWIFT network?
Yes, the Business Identifier Code (BIC) GENODE51DAA is registered under ISO 9362 and is active for routing interbank messages. Location characters '51' designate it as a primary active participant.
Can I use the head office code GENODE51 instead of GENODE51DAA?
Yes. The 8-character code GENODE51 represents the primary headquarters of Volksbank Daaden. The 11-character code GENODE51DAA targets the specific branch directly. If the branch code is unknown, sending payments to GENODE51 (or GENODE51XXX) will route them to the main head office.
What routing networks operate with the GENODE51DAA code in Germany?
The SWIFT code GENODE51DAA is used for international inbound wire transfers in Germany. It operates alongside the SEPA network, requiring the BIC to be paired with a 22-character IBAN.
Sources & References
- 🌐 ISO 9362: The official standard defining the Business Identifier Code (BIC) format guidelines.
- 🏢 SWIFT Registration Authority: The organization designated by ISO to register and publish BICs (swift.com).
- 🏦 Deutsche Bundesbank: Official German central bank directory release for routing and clearings.