GENODEM1STM — Vereinigte Volksbank
GENODEM1STM is the SWIFT/BIC code for Vereinigte Volksbank in Germany — an 11-character branch code under ISO 9362.
GENODEM1STM is the SWIFT/BIC code for Vereinigte Volksbank in Germany. It is an 11-character branch identifier under the ISO 9362 standard.
BIC breakdown (ISO 9362)
| Field | Value |
|---|---|
| Institution | Vereinigte Volksbank |
| Country | Germany (DE) |
| Location Code | M1 |
| Branch | None |
| Type | 11-character branch code (BIC11) |
⚠️ Critical Money Transfer Warning (YMYL)
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Frequently asked questions
What bank does the SWIFT code GENODEM1STM belong to?
The SWIFT code GENODEM1STM identifies Vereinigte Volksbank in Germany. This branch code is used for cross-border payments and SWIFT network routing.
What do the parts of the SWIFT code GENODEM1STM mean?
The 8 or 11 characters of GENODEM1STM are parsed as follows: characters 1-4 (GENO) represent the bank code for Vereinigte Volksbank; characters 5-6 (DE) indicate the country code for Germany; characters 7-8 (M1) specify the location code; and the final characters (STM) designate the specific branch.
Is the BIC code GENODEM1STM active on the SWIFT network?
Yes, the Business Identifier Code (BIC) GENODEM1STM is registered under ISO 9362 and is active for routing interbank messages. Location characters 'M1' designate it as a primary active participant.
Can I use the head office code GENODEM1 instead of GENODEM1STM?
Yes. The 8-character code GENODEM1 represents the primary headquarters of Vereinigte Volksbank. The 11-character code GENODEM1STM targets the specific branch directly. If the branch code is unknown, sending payments to GENODEM1 (or GENODEM1XXX) will route them to the main head office.
What routing networks operate with the GENODEM1STM code in Germany?
The SWIFT code GENODEM1STM 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.