BfW - Bank für Wohnungswirtschaft AG

BIC

BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, 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).

BIC of BfW - Bank für Wohnungswirtschaft AG and its components are shown in the table below.

BIC  BFWODE71XXX
Bank BIC Code  BFWO
Country Code  DE (Germany)
Location Code  71
Branch Code  XXX

LEI

LEI (Legal Entity Identifier) is as international identifier assigned to distinct 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.

The structure of LEI is defined in ISO 17442. A LEI consists of twenty 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).

LEI of BfW - Bank für Wohnungswirtschaft AG and its components are shown in the table below.

LEI  529900GFT28SEW1QSG52
LOU Identifier  5299
Reserved  00
Entity Identifier  GFT28SEW1QSG
Verification ID  52

MFI ID

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.

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

MFI ID of BfW - Bank für Wohnungswirtschaft AG is shown in the table below.

MFI ID  DE05847

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