SWIFT Code KRECAT2G — BANKHAUS KRENTSCHKER UND CO., GRAZ

About SWIFT Code KRECAT2G — BANKHAUS KRENTSCHKER UND CO., GRAZ

SWIFT code KRECAT2G is the official 8-character head-office BIC (Bank Identifier Code) for BANKHAUS KRENTSCHKER UND CO. in GRAZ, Austria. Standardised under ISO 9362 and maintained by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), this code is used exclusively for cross-border wire transfers and is recognised by financial institutions in over 200 countries.

This code must be provided to the sender when receiving money from abroad, and is required by BANKHAUS KRENTSCHKER UND CO. for all outward international remittances from GRAZ. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code KRECAT2G

The code KRECAT2G follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code KRECAT2G

Receiving International Wire Transfers

To receive money from abroad at your BANKHAUS KRENTSCHKER UND CO. account in GRAZ, share SWIFT code KRECAT2G with the sender along with your full account number, your name as on the account, and the branch address.

NRI Remittances

Non-Resident Indians sending money to NRO/NRE accounts at BANKHAUS KRENTSCHKER UND CO., GRAZ must provide SWIFT code KRECAT2G. Major remittance platforms — including Wise, Remitly, Western Union, and MoneyGram — use this code to route transfers accurately.

Trade Finance and Foreign Payments

Importers and exporters using BANKHAUS KRENTSCHKER UND CO. in GRAZ rely on SWIFT code KRECAT2G for letters of credit, bank guarantees, and foreign currency settlements.

SWIFT Code vs IFSC vs MICR vs BSR — Key Differences

Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for BANKHAUS KRENTSCHKER UND CO. →

For cheque clearing or NACH mandates, use the MICR code for BANKHAUS KRENTSCHKER UND CO. →

For TDS challan deposits, find the BSR code for BANKHAUS KRENTSCHKER UND CO. →

How SWIFT Code KRECAT2G Routes an International Transfer

1. Initiation: The sender provides SWIFT code KRECAT2G and account number to their bank.
2. Validation: The sending bank validates the BIC against the SWIFT registry.
3. Routing: An MT103 SWIFT message is transmitted through the network to BANKHAUS KRENTSCHKER UND CO..
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BANKHAUS KRENTSCHKER UND CO. receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code KRECAT2G

• Spaces or lowercase letters — Always enter KRECAT2G uppercase with no spaces.
• Using the wrong city — This code is for GRAZ only.
• Truncating to 8 characters — When 11 characters are required, always use the full code.
• Using SWIFT for domestic transfers — Use the IFSC code for any transfer within Austria.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm KRECAT2G directly with BANKHAUS KRENTSCHKER UND CO.'s GRAZ branch or via the SWIFT BIC Directory.