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August 19, 2017
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Financial Quotes
" They deem me mad because I will not sell my days for gold; and I deem them mad because they think my days have a price. "

Kahlil Gibran

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What is BLZ (Bankleitzahl) ?

The BLZ (Bankleitzahl) is the unique identifier of bank and financial institutions in Germany. It is similar to the sort code. The BLZ consists of 8 digits and is in use in Germany since 1970, being managed by the Deutsche Bundesbank. It uses the following format:

    The first digit represents the area where is headquarter of the financial institution is located (from 1 to 8);
  • The next 2 digits are the branch of the Deutsche Bundesbank where the financial institution is associated;
  • The 4th digit represents the banking network (banking group);
  • The last 4 digits are assigned by the financial institution itself and are internal unique identifiers for the branches.

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19/08/2017.
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