RAIFFEISENKASSE STUMM, STUMMERBERG UND UMGEBUNG REG.GEN.M.B.H. SWIFT Code
Bank Information
| Bank | RAIFFEISENKASSE STUMM, STUMMERBERG UND UMGEBUNG REG.GEN.M.B.H. |
|---|---|
| SWIFT Code | RZTIAT22332 |
| Branch | |
| Address | Dorfstrasse 17 |
| Zip Code | 6275 |
| City | Stumm |
| Country | at |
SWIFT Code RZTIAT22332 Breakdown
| SWIFT Code | RZTIAT22332 |
|---|---|
| BANK CODE | RZTI - Bank code assigned to RAIFFEISENKASSE STUMM, STUMMERBERG UND UMGEBUNG REG.GEN.M.B.H. |
| COUNTRY CODE | AT - Country code for at |
| LOCATION CODE | 22 - Location code representing the institution |
| BRANCH CODE | 332 - Branch code indicating the specific office |
Other SWIFT codes for RAIFFEISENKASSE STUMM, STUMMERBERG UND UMGEBUNG REG.GEN.M.B.H.
SWIFT Code Format
SWIFT codes are 8 or 11 characters long.
What is a SWIFT Code & How Does It Work?
A SWIFT code — also widely known as a BIC (Business Identifier Code) — is a globally standardized format managed by the Society for Worldwide Interbank Financial Telecommunication. It acts as an international address or passport for financial institutions. When money travels across borders, the SWIFT network ensures your transaction secure passage to the correct bank and branch, no matter where in the world they are located.
It is important to understand that the SWIFT network itself does not physically transfer money. Instead, it functions as a highly encrypted, global messaging system. When you initiate an international bank transfer, your local bank sends a secure wire instruction via the SWIFT system to the target bank overseas. This message details who the recipient is and how much funds should be credited to their account.
All standard SWIFT/BIC codes consist of either 8 or 11 alphanumeric characters. These characters are systematically broken down to identify the financial institution, the country, the local city, and optionally, the specific physical branch. It is the gold standard for secure, global interbank financial communication.
Frequently Asked Questions
1. Do I need a SWIFT code for domestic transfers?
Generally, no. SWIFT codes are reserved almost exclusively for international money transfers. For domestic bank transfers, countries utilize their own local routing systems, such as Routing Numbers in the United States, Sort Codes in the United Kingdom, or BSB numbers in Australia.
2. What is the difference between an 8-character and 11-character code?
An 8-character SWIFT/BIC code points to a bank's primary headquarters or main office. An 11-character code, on the other hand, contains an additional 3-character branch code at the very end, indicating a specific local branch office. If you do not have the 11-character branch code, using the 8-character headquarters code is typically sufficient.
3. Is a SWIFT code the same as a BIC code?
Yes, they are practically the same. SWIFT refers to the organization that issues and regulates these codes, while BIC stands for Business Identifier Code. In the international banking industry, these terms are used interchangeably to refer to the identical string of characters.
4. Can two different banks share the same SWIFT code?
No. SWIFT codes are designed to be globally unique. The core purpose of the system is to ensure that no two financial institutions can be confused with each other, eliminating the risk of misrouting international wire transfers.
5. Where can I find my bank's SWIFT code?
You can easily find your SWIFT/BIC code on your paper bank statement, by logging into your online banking portal, or by checking your bank's official mobile application. Alternatively, you can search our database or check with your branch customer support.
6. What happens if I use an incorrect SWIFT code?
If the code is invalid, the transfer will eventually fail, and the funds will be returned to your account. However, this process can take several business days or even weeks. Intermediary banks involved in the routing process may also deduct penalty processing fees before returning the remaining funds.