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Stadtsparkasse Versmold Swift Code in Versmold city of Germany

Branch Wise List Of Stadtsparkasse Versmold Swift Code, BIc Code In Versmold City Along With Stadtsparkasse Versmold Versmold All Branches Addresses In Germany quickly to use for Society for Worldwide Interbank Financial Telecommunication

The SWIFT code of Stadtsparkasse Versmold Versmold City is WELADED1VSM. The branch located in Versmold City, Of Germany (DE).

Stadtsparkasse Versmold SWIFT Code: WELADED1VSM

Stadtsparkasse Versmold Versmold City Swift/BIc Code Details

Bank NameStadtsparkasse Versmold
Swift CodeWELADED1VSM
Branch Not Available
CountryGermany DE
CityVersmold
Branch Code VSM
SWIFT code (8 characters) WELADED1
BIC Code analysis8-letter swift code: WELADED1
Branch code: VSM
Institution s 4-letter code: WELA
Country code: DE
Location code: D1

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) (also known as ISO 9362, SWIFT-BIC, BIC code, SWIFT ID or SWIFT code) is a standard format of Business Identifier Codes approved by the International Organization for Standardization (ISO). It is a unique identification code for both financial and non-financial institutions. (When assigned to a non-financial institution, a code may also be known as a Business Entity Identifier or BEI.) These codes are used when transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks. The codes can sometimes be found on account statements. SWIFT and BIC codes are basically the same.

The SWIFT code is 8 or 11 characters?

Example: WELADED1VSM
  • WELA4 letters: Institution Code or bank code.
  • DE2 letters: ISO 3166-1 alpha-2 country code.
  • D12 letters or digits: location code
  • 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", then it typically indicates a reverse billing BIC, where the recipient pays for the message as opposed to the more usual mode whereby the sender pays for the message.
  • VSM last 3 letters or digits: branch code.
  • Where an 8-digit code is given, it may be assumed that it refers to the primary office.