HYVEDEMM550 — UNICREDIT BANK GMBH (HYPOVEREINSBANK)
HYVEDEMM550 is the SWIFT/BIC code for UNICREDIT BANK GMBH (HYPOVEREINSBANK) in MARKTOBERDORF, Germany — an 11-character branch code under ISO 9362.
HYVEDEMM550 is the SWIFT/BIC code for UNICREDIT BANK GMBH (HYPOVEREINSBANK) in MARKTOBERDORF, Germany. It is an 11-character branch identifier under the ISO 9362 standard.
BIC breakdown (ISO 9362)
Head-office code: HYVEDEMM
| Field | Value |
|---|---|
| Institution | UNICREDIT BANK GMBH (HYPOVEREINSBANK) |
| Country | Germany (DE) |
| Location Code | MM |
| 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 HYVEDEMM550 belong to?
The SWIFT code HYVEDEMM550 identifies UNICREDIT BANK GMBH (HYPOVEREINSBANK) in MARKTOBERDORF, Germany. This branch code is used for cross-border payments and SWIFT network routing.
What do the parts of the SWIFT code HYVEDEMM550 mean?
The 8 or 11 characters of HYVEDEMM550 are parsed as follows: characters 1-4 (HYVE) represent the bank code for UNICREDIT BANK GMBH (HYPOVEREINSBANK); characters 5-6 (DE) indicate the country code for Germany; characters 7-8 (MM) specify the location code; and the final characters (550) designate the specific branch.
Is the BIC code HYVEDEMM550 active on the SWIFT network?
Yes, the Business Identifier Code (BIC) HYVEDEMM550 is registered under ISO 9362 and is active for routing interbank messages. Location characters 'MM' designate it as a primary active participant.
Can I use the head office code HYVEDEMM instead of HYVEDEMM550?
Yes. The 8-character code HYVEDEMM represents the primary headquarters of UNICREDIT BANK GMBH (HYPOVEREINSBANK). The 11-character code HYVEDEMM550 targets the specific branch directly. If the branch code is unknown, sending payments to HYVEDEMM (or HYVEDEMMXXX) will route them to the main head office.
What is the physical address of the bank registered to HYVEDEMM550?
The physical address registered for HYVEDEMM550 is: 87616, MARKTOBERDORF, Germany. Verify this address matches your recipient's branch details before initiating a transaction.
What routing networks operate with the HYVEDEMM550 code in Germany?
The SWIFT code HYVEDEMM550 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.