---
title: "Volkswagen Bank GMBH, branch TIP — Volkswagen Bank GMBH SWIFT/BIC VOWAITMMTIP · Milano | Elucidate"
description: "SWIFT/BIC code VOWAITMMTIP: a branch of Volkswagen Bank GMBH in Milano, Italy. Head office VOWAITMMXXX."
url: https://elucidate.co/directory/volkswagen-bank-gmbh-vowaitmm-tip
---
1. [Directory](https://elucidate.co/directory)
2. [Italy](https://elucidate.co/directory/country/it)
3. [Volkswagen Bank GMBH](https://elucidate.co/directory/volkswagen-bank-gmbh-vowaitmm)
4. TIP
Italy · Credit institution
# Volkswagen Bank GMBH, branch TIP
Branch code of [Volkswagen Bank GMBH (VOWAITMMXXX)](https://elucidate.co/directory/volkswagen-bank-gmbh-vowaitmm)
ECB · Single Supervisory Mechanism
Directly supervised by the ECB
Total assets EUR 150–300 bn
Group: Volkswagen Financial Services AG
BIC **VOWAITMMTIP** Head-office LEI **[529900GJD3OQLRZCKW37](https://search.gleif.org/#/record/529900GJD3OQLRZCKW37)** Licence no. **Not on a tracked register** [Head office **VOWAITMMXXX**](https://elucidate.co/directory/volkswagen-bank-gmbh-vowaitmm) Connected to Swift [Claim this profile](https://elucidate.co/directory/volkswagen-bank-gmbh-vowaitmm#claim)
## Licences and registrations
Held by the legal entity, not by a branch code
This branch code belongs to the legal entity of Volkswagen Bank GMBH. None matched by LEI in the 22 tracked registers.
Licences belong to the legal entity. Each applies in the country of the regulator that granted it.
## Swift network
Swift’s ISO 9362 BIC directory
- **BIC:** VOWAITMMTIP
- **Head-office BIC:** [VOWAITMMXXX](https://elucidate.co/directory/volkswagen-bank-gmbh-vowaitmm)
- **Connection to Swift:** Connected to Swift
- **Swift GPI · VOWAITMM:** Not on the member list
- **Payment schemes and systems:** [TIPS](https://elucidate.co/directory/volkswagen-bank-gmbh-vowaitmm#schemes)
- **Branch codes:** [One of 2 branch codes of Volkswagen Bank GMBH](https://elucidate.co/directory/volkswagen-bank-gmbh-vowaitmm#branches)
- **BIC first registered:** 2024-04-13
- **Last updated:** 2024-04-13
## Identifiers
Branch record
- **BIC:** VOWAITMMTIP
- **How the BIC breaks down:** 1. VOWA Bank 2. IT Country · Italy 3. MM Location 4. TIP Branch
- **Head-office BIC:** [VOWAITMMXXX](https://elucidate.co/directory/volkswagen-bank-gmbh-vowaitmm) · Volkswagen Bank GMBH
- **Branch LEI:** No LEI mapped to this branch. Head-office LEI: [529900GJD3OQLRZCKW37](https://elucidate.co/directory/volkswagen-bank-gmbh-vowade2b)
## Profile
- **Branch description:** Not recorded in the directory
- **Function:** Not stated in the description
- **City:** Milano
- **Country · region:** Italy · Europe & Central Asia
- **Institution type:** Credit institution
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 · Germany[529900SSGT49ZZSWYE62 ↗](https://search.gleif.org/#/record/529900SSGT49ZZSWYE62)
- **Ultimate parent:** Volkswagen Aktiengesellschaft · Germany[529900NNUPAGGOMPXZ31 ↗](https://search.gleif.org/#/record/529900NNUPAGGOMPXZ31)
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](https://elucidate.co/directory/logpay-financial-services-gmbh-d6296df5b41e), [Porsche-Bank Aktiengesellschaft](https://elucidate.co/directory/porsche-bank-aktiengesellschaft-porcat21), [Volkswagen Leasing Gesellschaft mit beschränkter Haftung](https://elucidate.co/directory/volkswagen-leasing-gesellschaft-mit-beschrankter-haftung-5e60beb26845), [Traton SE](https://elucidate.co/directory/traton-se-trtodemm), [Volkswagen Bank Gesellschaft Mit Beschraenkter](https://elucidate.co/directory/volkswagen-bank-gesellschaft-mit-beschraenkter-vowafr21).
[See the Volkswagen Aktiengesellschaft group →](https://elucidate.co/directory/group/529900NNUPAGGOMPXZ31)
Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
## Addresses
- **Branch address:** VIA GROSIO 10/4 MILANO 20151 MILANO ITALY
- **Head-office address:** VIA GROSIO 10/4 MILANO 20151 ITALY
## ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this branch 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 the head office’s LEI
- **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
```xml
VOWAITMMTIP
529900GJD3OQLRZCKW37
```
### 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
```xml
VOWAITMMTIP
529900GJD3OQLRZCKW37
VOLKSWAGEN BANK GMBH
MILANO
IT
VIA GROSIO 10/4 MILANO 20151 MILANO
```
No LEI is mapped to this branch BIC. The blocks use the head office’s LEI, which identifies the same legal entity.
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.
## Where this branch sits
Linked to its head office. No other branch shares a distinctive function, city, address or registration day with it.
## Related institutions
### Institution
- [Volkswagen Bank GMBH BIC VOWAITMM Credit institution Prudential licence Italy · On the ECB list of supervised entities · LEI 529900GJD3OQLRZCKW37](https://elucidate.co/directory/volkswagen-bank-gmbh-vowaitmm)
The BIC8 this branch code belongs to: VOWAITMM.
### Legal entity
- [Volkswagen Bank GMBH BIC VOWADE2B Credit institution Prudential licence Germany · On the ECB list of supervised entities · LEI 529900GJD3OQLRZCKW37](https://elucidate.co/directory/volkswagen-bank-gmbh-vowade2b)
The page that carries this LEI’s licences and group facts.
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 →](https://elucidate.co/directory/methodology)
## Assess the financial crime risk behind a BIC
A BIC identifies an institution; it does not assess it. The [Elucidate FinCrime Index (EFI)](https://elucidate.co/ratings) is an independent score of the financial crime risk of banks, built for correspondent banking and counterparty due diligence.
[Book a demo](https://elucidate.co/demo-request)
Licence and registration data are drawn from the public registers of the regulators named on each page and shown for information only; the official register is always the authority. LEIs and ownership are from GLEIF. Directory and gpi data are drawn from SWIFT's public sources. SWIFT, Swift gpi and UETR are trademarks of S.W.I.F.T. SC, Avenue Adèle 1, 1310 La Hulpe, Belgium. Elucidate is not affiliated with, endorsed by or sponsored by SWIFT or any regulator named here. Elucidate does not provide payment or other financial services.