Volksbank Leonberg-Strohgäu eG
Explore detailed information about Volksbank Leonberg-Strohgäu eG including its key identifiers, namely BIC, LEI, MFI ID.
BIC (Business Identifier Code) - GENODES1LEO
Volksbank Leonberg-Strohgäu eG BIC and its details are provided in the table below.
| BIC | GENODES1LEO |
| Bank BIC Code | GENO |
| Country Code | DE (Germany) |
| Location Code | S1 |
| Branch Code | LEO |
BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is the mostly used international identifier of financial institutions. BICs are used in financial transactions, in particular cross-border payments and SEPA payments, client and counterparty data bases, compliance documents and many others.
A BIC consists of eight or eleven characters, comprising
- a financial institution code (four characters),
- a country code (two characters),
- a location code (two characters)
- and, optionally, a branch code (three characters).
LEI (Legal Entity Identifier) - 529900BI003BZ8N3W740
Volksbank Leonberg-Strohgäu eG LEI and its details are shown in the table below.
| LEI | 529900BI003BZ8N3W740 |
| LOU Identifier | 5299 |
| Reserved | 00 |
| Entity Identifier | BI003BZ8N3W7 |
| Verification ID | 40 |
LEI (Legal Entity Identifier) is as international identifier assigned todistinct legal entities that engage in financial transactions. LEI increases the transparency of financial system, allowing the authorities to improve market surveillance and businesses to reduce counterparty risk. Knowing LEI allows to get registration details of the legal entity, its ownership structure and its family tree.
LEI's structure is defined in ISO 17442. A LEI consists of 20 alpha-numeric characters where:
- characters 1-4 identify the LEI issuer (Local Operating Units or LOU),
- characters 7-18 are the entity indentifier, i.e. the code generated and assigned by the LOU,
- characters 19-20 are the verification ID (checksum).
MFI ID (Monetary Financial Institution Identifier) - DE01214
MFI ID of Volksbank Leonberg-Strohgäu eG is shown in the table below.
| MFI ID | DE01214 |
| Country Code | DE |
| MFI Code | 01214 |
MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.
MFI ID is an alphanumerical code where
- the first two digits represent the two-digit ISO code for the country of residence of the MFI,
- and the remaining characters (no limit has been specified) represent an internal MFI code which is unique within the country of residence.
