Question 1

What is the SWIFT code for GEFA BANK GmbH?

Accepted Answer

The SWIFT/BIC code for GEFA BANK GmbH is GGABDE31. 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 GEFA BANK GmbH?

Accepted Answer

To send money internationally to GEFA BANK GmbH, provide your bank with the SWIFT/BIC code GGABDE31 (WUPPERTAL, Germany) along with the recipient's full IBAN. Your bank will route the transfer via the SWIFT network.

Question 3

Is GEFA BANK GmbH a SEPA member?

Accepted Answer

Yes, GEFA BANK GmbH 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 GGABDE31 mean?

Accepted Answer

In the BIC code GGABDE31: "GGAB" is the institution code identifying GEFA BANK GmbH, "DE" is the ISO 3166-1 country code for Germany, and "31" is the location code indicating the bank's city or timezone zone.

Question 5

Who owns GEFA BANK GmbH?

Accepted Answer

GEFA BANK GmbH is owned by Société Générale, a banking group based in France. GEFA BANK GmbH is registered in Germany as a local entity, while its ultimate ownership sits with the parent group in France.

GGABDE31

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