Question 1

What is the SWIFT code for German Pharmacists' and Physicians' Bank eG (apoBank)?

Accepted Answer

The SWIFT/BIC code for German Pharmacists' and Physicians' Bank eG (apoBank) is DAAEDEDD. 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 German Pharmacists' and Physicians' Bank eG (apoBank)?

Accepted Answer

To send money internationally to German Pharmacists' and Physicians' Bank eG (apoBank), provide your bank with the SWIFT/BIC code DAAEDEDD (Duesseldorf, Germany) along with the recipient's full IBAN. Your bank will route the transfer via the SWIFT network.

Question 3

Is German Pharmacists' and Physicians' Bank eG (apoBank) a SEPA member?

Accepted Answer

Yes, German Pharmacists' and Physicians' Bank eG (apoBank) 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 DAAEDEDD mean?

Accepted Answer

In the BIC code DAAEDEDD: "DAAE" is the institution code identifying German Pharmacists' and Physicians' Bank eG (apoBank), "DE" is the ISO 3166-1 country code for Germany, and "DD" is the location code indicating the bank's city or timezone zone.

DAAEDEDD

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