Question 1

What is the SWIFT code for VerbundVolksbank OWL eG?

Accepted Answer

The SWIFT/BIC code for VerbundVolksbank OWL eG is DGPBDE3M. This 8-character code identifies the bank in international wire transfers and is registered with SWIFT (Society for Worldwide Interbank Financial Telecommunication).

Question 2

How do I send an international wire transfer to VerbundVolksbank OWL eG?

Accepted Answer

To send money internationally to VerbundVolksbank OWL eG, provide your bank with the SWIFT/BIC code DGPBDE3M (Paderborn, Germany) along with the recipient's full IBAN. Your bank will route the transfer via the SWIFT network.

Question 3

Is VerbundVolksbank OWL eG a SEPA member?

Accepted Answer

Yes, VerbundVolksbank OWL eG is a SEPA (Single Euro Payments Area) member. Euro transfers within the SEPA zone can be processed as fast, low-cost SEPA Credit Transfers using the recipient's IBAN, with no SWIFT fees required for intra-SEPA payments.

Question 4

What does the BIC code DGPBDE3M mean?

Accepted Answer

In the BIC code DGPBDE3M: "DGPB" is the institution code identifying VerbundVolksbank OWL eG, "DE" is the ISO 3166-1 country code for Germany, and "3M" is the location code indicating the bank's city or timezone zone.

DGPBDE3M

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