SWIFT Code RVSAAT2S018 — RAIFFEISENBANK GROEDIG, GROEDIG

About SWIFT Code RVSAAT2S018 — RAIFFEISENBANK GROEDIG, GROEDIG

SWIFT code RVSAAT2S018 is the official 11-character branch-specific BIC (Bank Identifier Code) for RAIFFEISENBANK GROEDIG in GROEDIG, 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 RAIFFEISENBANK GROEDIG for all outward international remittances from GROEDIG. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code RVSAAT2S018

The code RVSAAT2S018 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code RVSAAT2S018

Receiving International Wire Transfers

To receive money from abroad at your RAIFFEISENBANK GROEDIG account in GROEDIG, share SWIFT code RVSAAT2S018 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 RAIFFEISENBANK GROEDIG, GROEDIG must provide SWIFT code RVSAAT2S018. 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 RAIFFEISENBANK GROEDIG in GROEDIG rely on SWIFT code RVSAAT2S018 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 RAIFFEISENBANK GROEDIG →

For cheque clearing or NACH mandates, use the MICR code for RAIFFEISENBANK GROEDIG →

For TDS challan deposits, find the BSR code for RAIFFEISENBANK GROEDIG →

How SWIFT Code RVSAAT2S018 Routes an International Transfer

1. Initiation: The sender provides SWIFT code RVSAAT2S018 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 RAIFFEISENBANK GROEDIG.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: RAIFFEISENBANK GROEDIG receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code RVSAAT2S018

• Spaces or lowercase letters — Always enter RVSAAT2S018 uppercase with no spaces.
• Using the wrong city — This code is for GROEDIG 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 RVSAAT2S018 directly with RAIFFEISENBANK GROEDIG's GROEDIG branch or via the SWIFT BIC Directory.