SWIFT Code RLNWATW1615 — RAIFFEISENBANK OTTENSCHLAG-MARTINSBERG, OTTENSCHLAG

About SWIFT Code RLNWATW1615 — RAIFFEISENBANK OTTENSCHLAG-MARTINSBERG, OTTENSCHLAG

SWIFT code RLNWATW1615 is the official 11-character branch-specific BIC (Bank Identifier Code) for RAIFFEISENBANK OTTENSCHLAG-MARTINSBERG in OTTENSCHLAG, 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 OTTENSCHLAG-MARTINSBERG for all outward international remittances from OTTENSCHLAG. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code RLNWATW1615

The code RLNWATW1615 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code RLNWATW1615

Receiving International Wire Transfers

To receive money from abroad at your RAIFFEISENBANK OTTENSCHLAG-MARTINSBERG account in OTTENSCHLAG, share SWIFT code RLNWATW1615 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 OTTENSCHLAG-MARTINSBERG, OTTENSCHLAG must provide SWIFT code RLNWATW1615. 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 OTTENSCHLAG-MARTINSBERG in OTTENSCHLAG rely on SWIFT code RLNWATW1615 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 OTTENSCHLAG-MARTINSBERG →

For cheque clearing or NACH mandates, use the MICR code for RAIFFEISENBANK OTTENSCHLAG-MARTINSBERG →

For TDS challan deposits, find the BSR code for RAIFFEISENBANK OTTENSCHLAG-MARTINSBERG →

How SWIFT Code RLNWATW1615 Routes an International Transfer

1. Initiation: The sender provides SWIFT code RLNWATW1615 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 OTTENSCHLAG-MARTINSBERG.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: RAIFFEISENBANK OTTENSCHLAG-MARTINSBERG receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code RLNWATW1615

• Spaces or lowercase letters — Always enter RLNWATW1615 uppercase with no spaces.
• Using the wrong city — This code is for OTTENSCHLAG 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 RLNWATW1615 directly with RAIFFEISENBANK OTTENSCHLAG-MARTINSBERG's OTTENSCHLAG branch or via the SWIFT BIC Directory.