BANK 11 FUR PRIVATKUNDEN UND HANDEL, GMBH

WEFZDED1WE1

BANK 11 FUR PRIVATKUNDEN UND HANDEL, GMBH is identified on the SWIFT network by the BIC code WEFZDED1WE1, registered in GERMANY, settling primarily in EUR. International wire transfers routed through this institution can be tracked free of charge by pasting your UETR or payment reference on the Ohmyfin homepage.

BIC structure (ISO 9362)

InstitutionCountryLocationBranch
WEFZDE — GermanyD1 (live BIC)WE1 (branch code WE1)
SWIFT/BICWEFZDED1WE1 (branch, 11-char)
BankBANK 11 FUR PRIVATKUNDEN UND HANDEL, GMBH
CountryGERMANY (ISO DE)
Primary currencyEUR (inferred from country)
EUR (Euro) settlement: clears via TARGET2. TARGET2 same day; SWIFT MT103 1-2 days.
Corridor timing to GERMANY: Same day EUR via TARGET2. Settlement system: TARGET2. Bundesbank cut-off ~18:00 CET.
Track a payment through BANK 11 FUR PRIVATKUNDEN UND HANDEL, GMBH — free

About this SWIFT/BIC code

The SWIFT/BIC (Business Identifier Code) is the international standard ISO 9362 for identifying financial institutions in cross-border payments. WEFZDED1WE1 uniquely identifies BANK 11 FUR PRIVATKUNDEN UND HANDEL, GMBH in GERMANY on the SWIFT network and is used as the routing identifier in field 57A of an MT103 message (or the equivalent BICFI element in an ISO 20022 pacs.008).

Because WEFZDED1WE1 is an 11-character BIC, the trailing WE1 identifies a specific branch within BANK 11 FUR PRIVATKUNDEN UND HANDEL, GMBH. The corresponding 8-character head-office BIC is WEFZDED1.

Payments routed through BANK 11 FUR PRIVATKUNDEN UND HANDEL, GMBH can be tracked end-to-end via SWIFT GPI when both the sender and receiver are GPI-enabled. Ohmyfin provides free public lookup of any UETR — paste yours on the homepage to see the latest available status, including which correspondent banks the payment has passed through.

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Frequently asked questions

What does SWIFT/BIC code WEFZDED1WE1 stand for?

WEFZDED1WE1 is the unique SWIFT/BIC code identifying BANK 11 FUR PRIVATKUNDEN UND HANDEL, GMBH in GERMANY. The first four characters (WEFZ) are the institution code; the next two (DE) are the ISO 3166-1 country code for Germany; the next two (D1) are the location code; the final three (WE1) are the branch code.

How do I track a payment sent to BANK 11 FUR PRIVATKUNDEN UND HANDEL, GMBH?

Use the Ohmyfin SWIFT tracker on the homepage. Paste the UETR (field 121) or the payment reference (field 20) and Ohmyfin returns the latest available SWIFT GPI status, including each correspondent bank the payment passed through on the way to BANK 11 FUR PRIVATKUNDEN UND HANDEL, GMBH.

Is WEFZDED1WE1 an 8-character or 11-character BIC?

WEFZDED1WE1 is 11 characters long — branch code WE1. An 8-character BIC identifies the bank's head office; an 11-character BIC identifies a specific branch. Both are valid in MT103 field 57A.

What currency does BANK 11 FUR PRIVATKUNDEN UND HANDEL, GMBH settle in?

BANK 11 FUR PRIVATKUNDEN UND HANDEL, GMBH's primary settlement currency is EUR (Euro). EUR clears via TARGET2. TARGET2 same day; SWIFT MT103 1-2 days.

How long does a SWIFT payment to GERMANY take?

Same day EUR via TARGET2. Settlement system: TARGET2. Bundesbank cut-off ~18:00 CET.

Why might a payment to BANK 11 FUR PRIVATKUNDEN UND HANDEL, GMBH be delayed?

Most delays at the beneficiary bank come from sanctions/AML screening on the ordering customer, missing remittance information in field 70, or arrival after the local RTGS cut-off. Use Ohmyfin to see which hop is holding the payment so you can chase the right party.

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