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SWIFT / BIC Code Details of VOLKSWAGEN BANK GMBH (FINANCIAL SERVICES), (FINANCIAL SERVICES) Branch
The Swift Code of Volkswagen Bank Gmbh (financial Services) , (financial Services) Branch is VOWADE2BFIS
Country Name | GERMANY |
Country Code | DE |
Bank Name | VOLKSWAGEN BANK GMBH (FINANCIAL SERVICES) |
Branch Name | (FINANCIAL SERVICES) |
City Name | BRAUNSCHWEIG |
SWIFT Code | VOWADE2BFIS (Use for international fund transfers.) |
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About Volkswagen Bank Gmbh (financial Services), (financial Services) Branch
General Information :
The Volkswagen Bank Gmbh (financial Services) ,
(financial Services) Branch is Located in Braunschweig City,
Germany.
The Swift / BIC Code of Volkswagen Bank Gmbh (financial Services) ,
(financial Services) is : VOWADE2BFIS
Breakdown of Volkswagen Bank Gmbh (financial Services), (financial Services) Branch SWIFT Code
V | O | W | A | D | E | 2 | B | F | I | S |
Bank Code | Country ISO Code | Location Code | Branch Code |
The first four digits
(VOWA) represent the
bank, here it's representing Volkswagen Bank Gmbh (financial Services).
Next two digits (DE) is country ISO code & here this code indicates
Germany country.
Next two digits is
(2B) - is location
code, it's use to identify the particular bank location.
- If the second character is "0" - then it is typically a test BIC as opposed to a BIC used on the live network.
- If the second character is "1" - then it denotes a passive participant in the SWIFT network
- If the second character is "2," it typically indicates a reverse billing BIC, in which the recipient pays for the message rather than the more common mode, in which the sender pays for the message.
Last three digits is (FIS) - It's an unique identifier no for the particular bank branch & here it's representing Volkswagen Bank Gmbh (financial Services) , (financial Services) branch.
FAQ
The SWIFT / BIC Code of Volkswagen Bank Gmbh (financial Services), (financial Services) Branch is : VOWADE2BFIS
The Volkswagen Bank Gmbh (financial Services) , (financial Services) is Located in Braunschweig , Germany.
SWIFT / BIC Code
What is SWIFT/BIC Code?
SWIFT codes are abbreviations for the Society of Worldwide Interbank Financial Telecommunication Code. A SWIFT code is a code that is used to identify the country, bank, and branch of an account. A SWIFT code is also known as a BIC (Bank Identifier Code), but they are the same thing.
Formation of SWIFT Code
The Swift Code is either eight or eleven digits long and a combination of letters and numbers.
- The first four characters of the swift code are the bank code.
- The next two digits are the country code.
- The next two digits are the location code, and
- The last three digits are optional and aid in identifying the specific bank branch.
Applications of SWIFT Code/BIC Code
The following are some examples of SWIFT or BIC code applications:
- The Swift/BIC code is used to identify a specific branch of a bank or financial institution.
- It aids in international money transfers and acts as an executor for cross-border payments.
Example: Breakdown of SWIFT/BIC Code
A | B | C | D | 1 | 2 | 3 | 4 | 5 | 6 | 7 |
Bank Code | Country ISO Code | Location Code | Branch Code |
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