When making international wire transfers, selecting the correct SWIFT/BIC code is a critical step. For those sending funds to Germany's Landesbank Baden-Württemberg , knowing its SWIFT code ensures a smooth and secure transaction. The bank's SWIFT/BIC code is SOLADEST050 , which facilitates seamless cross-border payments.
Decoding the SWIFT/BIC Structure
The SWIFT code SOLADEST050 provides key information about the bank:
- SOLA : Bank code for Landesbank Baden-Württemberg
- DE : Country code (Germany)
- ST : Location code (Stuttgart)
- 050 : Branch identifier
Essential Details for Successful Transfers
Accuracy is paramount when initiating international wire transfers. Any errors in the SWIFT code may result in delays or failed transactions. The complete address for Landesbank Baden-Württemberg is:
Am Hauptbahnhof 2, Stuttgart, Baden-Württemberg, 70173, Germany
Before initiating a transfer, consider these factors:
- Fees : International transfers often involve multiple charges from intermediary and recipient banks
- Processing time : Most transactions take 2-5 business days, depending on routing and currency conversion
- Regulatory requirements : Some transfers may require additional documentation for compliance purposes
Optimizing International Payments
The SWIFT network remains the most reliable system for global money transfers. Whether conducting personal remittances or corporate transactions, using the correct SWIFT/BIC code for Landesbank Baden-Württemberg minimizes potential issues and ensures efficient fund movement.