Question 1

What is the SWIFT code for SIEMENS BANK GMBH?

Accepted Answer

The SWIFT/BIC code for SIEMENS BANK GMBH is SIBADEMM. 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 SIEMENS BANK GMBH?

Accepted Answer

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

Question 3

Is SIEMENS BANK GMBH a SEPA member?

Accepted Answer

Yes, SIEMENS 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 — no SWIFT fees required for intra-SEPA payments.

Question 4

What does the BIC code SIBADEMM mean?

Accepted Answer

In the BIC code SIBADEMM: "SIBA" is the institution code identifying SIEMENS BANK GMBH, "DE" is the ISO 3166-1 country code for Germany, and "MM" is the location code indicating the bank's city or timezone zone.

SIBADEMM

Frequently Asked Questions