Germany · Credit institution
Volkswagen Bank GMBH
Legal name in the LEI recordVolkswagen Bank Gesellschaft mit beschränkter Haftung
Volkswagen Bank GmbH is a German limited liability company (GmbH) based in Braunschweig and registered under HRB 1819. It is wholly owned by Volkswagen Financial Services AG, a subsidiary of Volkswagen AG. The bank finances vehicles of Volkswagen Group brands, lends to dealers and runs a direct bank, with branches in several European countries. A group reorganisation completed on 1 July 2024 made Volkswagen Leasing GmbH its subsidiary.
Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers. It is on the ECB list of supervised entities (see Regulatory status): that is banking supervision, not a licence on a tracked register.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
Regulatory status
ECB banking supervision
List of supervised entities as of 2026-07-01
- Classification
- Significant institution
- Supervisor
- European Central Bank (direct supervision)
- Listed as
- Volkswagen Bank GmbH
- Entity type
- Credit institution
- Supervised group (ECB)
- Volkswagen Financial Services AG
- Why significant
- Size (Total assets EUR 150-300 bn)
European registers
ECB · monetary financial institutions
List as at 2026-09-25
- Category
- Credit institution
- Minimum reserves
- Subject to minimum reserves
- Listed as
- Volkswagen Bank Gesellschaft mit beschränkter Haftung
- RIAD code
- DE03402
ESMA · MiFID II register
Register as at 2026-09-28
| Entry | Competent authority | Authorised | Services or instruments |
|---|---|---|---|
| Investment services (MiFID II) | Federal Financial Supervisory Authority (BaFin) | 1961-07-10 | A1 A2 A3 A4 A5 A6 A7 |
Service codes follow MiFID II Annex I: A for investment services, B for ancillary services. Hover a code for its meaning.
Entries are matched on the LEI. Each register is quoted as its publisher lists it.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- VOWADE2BXXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under VOWADE2B directly.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- SCT · SCT Inst · SDD Core · SDD B2B · VOP · T2 · TIPS
- Branch codes
- 4 branch codes
- BIC first registered
- 1996-03-02
- Last updated
- 2011-07-02
Overview
Researched 29 Sep 2026 · Sources
Ownership
Group subsidiary
100% Volkswagen Financial Services AG
Institution type
Commercial bank
Trades as Volkswagen Bank
- Standing
- On 1 July 2024 a group reorganisation made the bank a subsidiary of Volkswagen Financial Services AG. The same reorganisation made Volkswagen Leasing GmbH a subsidiary of the bank.
- Ownership
- Volkswagen Financial Services AG holds 100% of the bank and is itself wholly owned by Volkswagen AG.
- Direct parent
- Volkswagen Financial Services AG ↗, Germany 100%
- Ultimate owner
- Volkswagen AG, Germany
- Head office
- Gifhorner Straße 57, 38112 Braunschweig, Germany
- Company register
- HRB 1819, Amtsgericht Braunschweig
- Former names
- VW Kredit Bank GmbH · Volkswagen Finanzierungsgesellschaft mbH
Business lines
Its business comprises vehicle retail financing, dealer financing, leasing and direct bank deposits, mainly in Germany, Italy and France.
Online
- Websites & references
- volkswagenbank.de ↗
vwfs.com ↗ Group corporate and investor relations site with the bank's reports and KYC documents
vwfs.de ↗ Group automotive financing and leasing offers in Germany
Wikipedia ↗
Wikidata Q2532284 ↗ - Official social accounts
- LinkedIn ↗ · Facebook ↗
Sources · 10 pages consulted
- volkswagenbank.de/metaseiten/impressum.html
- volkswagenbank.de/
- vwfs.com/content/dam/bluelabel/valid/www-vwfs-com/investor-relations/vw-bank/zwischenberichte-&-ha
- vwfs.com/en/investor-relations/volkswagen-bank-gmbh.html
- vwfs.com/en/investor-relations/kyc-crs-fatca.html
- vwfs.com/en/investor-relations/new-structure-vwfs.html
- vwfs.com/content/dam/bluelabel/valid/www-vwfs-com/investor-relations/vw-bank/gesch%C3%A4ftsbericht
- register-lei.de/d/529900SSGT49ZZSWYE62/
- de.finance.yahoo.com/nachrichten/deutsche-bank-andere-klagen-gegen-164423917.html
- de.wikipedia.org/wiki/Volkswagen_Bank
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- Dr. Volker Stadler Sprecher der Geschäftsführung (Chair of the Management Board), Corporate Management & Operations
- Chair
- Dr. Ingrun Ulla Bartölke Chair of the Supervisory Board
- Chief financial officer
- Oliver Roes Member of the Management Board (Finance)
- Executive
- Christian Löbke Member of the Management Board (Risk Management)
Supervisors & regulators
Researched 29 Sep 2026 · Sources
- European Union
- European Central Bank Prudential supervisor
- Germany
- Federal Financial Supervisory Authority (BaFin) Prudential supervisorAML supervisorConductResolution
- Germany
- Deutsche Bundesbank Central bankPrudential supervisor
- European Union
- Single Resolution Board Resolution
- Germany
- Chamber of Industry and Commerce (IHK) Braunschweig Other
Recent events
Researched 29 Sep 2026 · Sources
-
Leadership
Dr Alena Kretzberg left the Supervisory Board on 28 February 2026. Jan Ebert joined it on 1 March 2026.
vwfs.com ↗ -
Other
The bank's 2025 consolidated statements corrected an error in calculating interest income from credit-impaired financial assets. The correction was made under IAS 8.
vwfs.com ↗ -
Other
The bank and three other banks brought an action for failure to act against BaFin, seeking repayment of legacy bank levy funds.
de.finance.yahoo.com ↗ -
Merger / acquisition
A Volkswagen group reorganisation took effect. It made the bank a subsidiary of Volkswagen Financial Services AG and Volkswagen Leasing GmbH a subsidiary of the bank.
vwfs.com ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
Identifiers
Head-office record
- BIC
- VOWADE2BXXX
- How the BIC breaks down
- VOWABank
- DECountry · Germany
- 2BLocation
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 529900GJD3OQLRZCKW37
- LEI record
- View on GLEIF ↗
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
- National bank code
- Bankleitzahl 27020000
Profile
- Type
- Credit institutionListed as a credit institution, or a branch of one, on the ECB’s list of supervised entities, or named as a bank on the Financial Stability Board’s G-SIB list, directly or as a G-SIB’s main operating bank. These are the only bank lists the directory tracks so far.
- Regulation
- Prudentially supervised (ECB list)Prudentially supervised, according to the ECB list of supervised entities (as at 2026-07-01). This is banking supervision, not a licence on a tracked register.
- Register licences
- None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- Country · region
- Germany · Europe & Central Asia
- Banking supervision
- Significant · supervised by the ECB as of 2026-07-01
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
- Founded
- 1949
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
Ownership and group
GLEIF relationship records
- Direct parent
- Volkswagen Financial Services AG · Germany529900SSGT49ZZSWYE62 ↗
- Ultimate parent
- Volkswagen Aktiengesellschaft · Germany529900NNUPAGGOMPXZ31 ↗
The Volkswagen Aktiengesellschaft group has 43 institutions in the directory, in 24 countries: 41 hold a BIC and 2 do not.
Including LOGPAY Financial Services GmbH, Porsche-Bank Aktiengesellschaft, Volkswagen Leasing Gesellschaft mit beschränkter Haftung, Traton SE, Volkswagen Bank Gesellschaft Mit Beschraenkter.
See the Volkswagen Aktiengesellschaft group →Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Registered address
- GIFHORNERSTR. 57 BRAUNSCHWEIG 38112 1842/3 GERMANY
- Operational address
- GIFHORNERSTR. 57 BRAUNSCHWEIG 38112 BRAUNSCHWEIG GERMANY
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI and its DEBLZ clearing code
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>VOWADE2BXXX</BICFI>
<ClrSysMmbId>
<ClrSysId>
<Cd>DEBLZ</Cd>
</ClrSysId>
<MmbId>27020000</MmbId>
</ClrSysMmbId>
<LEI>529900GJD3OQLRZCKW37</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>VOWADE2BXXX</BICFI>
<ClrSysMmbId>
<ClrSysId>
<Cd>DEBLZ</Cd>
</ClrSysId>
<MmbId>27020000</MmbId>
</ClrSysMmbId>
<LEI>529900GJD3OQLRZCKW37</LEI>
<Nm>VOLKSWAGEN BANK GMBH</Nm>
<PstlAdr>
<TwnNm>BRAUNSCHWEIG</TwnNm>
<Ctry>DE</Ctry>
<AdrLine>GIFHORNERSTR. 57 BRAUNSCHWEIG 38112 1842/3</AdrLine>
</PstlAdr>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
Payment schemes and systems
EPC registers of 2026-09-11 · ECB T2 list of 2026-07-02 · ECB TIPS list of 2026-09-01 · SIX Bank Master valid on 2026-09-28
| Scheme or system | Since | Registered with | Note |
|---|---|---|---|
| SEPA Credit TransferISO 20022 messages | 2008-04-01 | Head office | — |
| SEPA Instant Credit TransferISO 20022 messages | 2022-04-04 | Head office | — |
| SEPA Direct Debit CoreISO 20022 messages | 2010-11-01 | Head office | — |
| SEPA Direct Debit Business-to-BusinessISO 20022 messages | 2010-11-01 | Head office | — |
| Verification of Payee | 2025-10-07 | Head office | — |
| T2 (Eurosystem real-time gross settlement)ISO 20022 messages | — | Head office | — |
| TIPS (TARGET Instant Payment Settlement)ISO 20022 messages | — | Head office | — |
SEPA dates are when the institution became ready for the scheme. The T2 list names direct participants only and gives no joining date. TIPS entries have no joining date.
An institution missing from T2 may still be reachable through an indirect participant. The ECB’s TIPS list does not separate participants from reachable parties. It includes institutions reachable in Swedish kronor as well as in euro.
“ISO 20022 messages” marks a scheme or system whose rulebook or operator specifies ISO 20022 for messages between participants.
National bank codes
Bankleitzahl · Germany
1 code valid until 2026-12-06 · ISO 20022 clearing system code DEBLZ
| Code | Routes to BIC | Name in the national file | City |
|---|---|---|---|
| 27020000 | VOWADE2BXXX | Volkswagen Bank | Braunschweig |
Each code shows the name in the national file. Smaller banks often route through a central institution’s BIC. A code can therefore belong to a different bank than the one on this page.
Network
Branch network
All 4 branch BICs connect to the head office. No city, function or registration year splits them into groups.
Hover over a branch or group to see its details
Branch codes
| BIC | Branch | City | Address | LEI | Updated |
|---|---|---|---|---|---|
| VOWADE2BBNK | DOTATION | Braunschweig | GIFHORNERSTR. 57 BRAUNSCHWEIG 38112 BRAUNSCHWEIG GERMANY | — | 2017-08-05 |
| VOWADE2BHAM | — | Braunschweig | GIFHORNERSTR. 57 BRAUNSCHWEIG 38112 BRAUNSCHWEIG GERMANY | — | 2017-10-21 |
| VOWADE2BKDT | GROUP TEASURY | Wolfsburg | VERWALTUNGSHOCHHAUS FLOOR 10 K- DTZ 1842 / 3 WOLFSBURG 38436 WOLFSBURG GERMANY | — | 2017-12-16 |
| VOWADE2BNL1 | — | Braunschweig | BRAUNSCHWEIG BRAUNSCHWEIG GERMANY | — | 2014-01-04 |
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Payment schemes and systems—Source: European Payments Council (EPC) Registers of Participants; matched to BICs by Elucidate. Source: European Central Bank, List of T2 participants. Source: European Central Bank, List of TIPS participants and reachable parties.
- Banking supervision—Source: European Central Bank, list of supervised entities.
- Wikidata—CC0, matched on the BIC or LEI recorded in Wikidata. It is community-edited, so check key facts.
- National bank codes—Germany (Quelle: Deutsche Bundesbank).
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- European registers—Source: European Central Bank (ECB), list of monetary financial institutions and list of institutions subject to minimum reserves. Source: European Securities and Markets Authority (ESMA), MiFID II/MiFIR register (investment firms, trading venues, systematic internalisers, data reporting services providers). Matched on LEI by Elucidate.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: Volkswagen Bank GmbH · Public domain · Wikimedia Commons · original.
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A BIC identifies an institution; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks, built for correspondent banking and counterparty due diligence.
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