SPARKASSE HAGEN, HAGEN - SWIFT/BIC Code

SPARKASSE HAGEN, HAGEN - SWIFT Code Information

SWIFT Code / BIC

WELADE3H450

Bank / Institution

SPARKASSE HAGEN

Address

SPARKASSEN-KARREE 1

City

HAGEN

Postcode

58095

Country

Germany

Connection

Active

WELADE3H450 - SWIFT Code Breakdown

SWIFT Code

WELADE3H or WELADE3H450

Bank Code

WELA - code assigned to SPARKASSE HAGEN

Country Code

DE - code belongs to Germany

Location & Status

3H - represents location, second digit means active code

Branch Code

450 or not assigned, indicating this is a head office

Head Office

WELADE3H - primary office of SPARKASSE HAGEN, Germany

What is a SWIFT Code WELADE3H450?

A SWIFT Code is a standard format of Bank Identifier Code (BIC) used to specify a particular bank or branch. These codes are used when transferring money between banks, particularly for international wire transfers. Banks also use these codes for exchanging messages between them.

SWIFT codes comprise of 8 or 11 characters. All 11 digit codes refer to specific branches, while 8 digit codes (or those ending in 'XXX') refer to the head or primary office. SWIFT codes are formatted as follows:

AAAA BB CC DDD

First 4 characters - bank code (only letters)
Next 2 characters - ISO 3166-1 alpha-2 country code (only letters)
Next 2 characters - location code, passive participant will have "1" in the second character (letters and digits)
Last 3 characters - branch code, optional - 'XXX' for primary office (letters and digits)

The registrations of SWIFT Codes are handled by Society for Worldwide Interbank Financial Telecommunication (“SWIFT”) and their headquarters is located in La Hulpe, Belgium. SWIFT is the registered trademark of S.W.I.F.T. SCRL with a registered address at Avenue Adèle 1, B-1310 La Hulpe, Belgium.