SWIFT Code RLNWATWW823 — RAIFFEISENBANK REGION SCHWECHAT, SCHWECHAT

About SWIFT Code RLNWATWW823 — RAIFFEISENBANK REGION SCHWECHAT, SCHWECHAT

SWIFT code RLNWATWW823 is the official 11-character branch-specific BIC (Bank Identifier Code) for RAIFFEISENBANK REGION SCHWECHAT in SCHWECHAT, 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 REGION SCHWECHAT for all outward international remittances from SCHWECHAT. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code RLNWATWW823

The code RLNWATWW823 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code RLNWATWW823

Receiving International Wire Transfers

To receive money from abroad at your RAIFFEISENBANK REGION SCHWECHAT account in SCHWECHAT, share SWIFT code RLNWATWW823 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 REGION SCHWECHAT, SCHWECHAT must provide SWIFT code RLNWATWW823. 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 REGION SCHWECHAT in SCHWECHAT rely on SWIFT code RLNWATWW823 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 REGION SCHWECHAT →

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

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

How SWIFT Code RLNWATWW823 Routes an International Transfer

1. Initiation: The sender provides SWIFT code RLNWATWW823 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 REGION SCHWECHAT.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: RAIFFEISENBANK REGION SCHWECHAT receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code RLNWATWW823

• Spaces or lowercase letters — Always enter RLNWATWW823 uppercase with no spaces.
• Using the wrong city — This code is for SCHWECHAT 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 RLNWATWW823 directly with RAIFFEISENBANK REGION SCHWECHAT's SCHWECHAT branch or via the SWIFT BIC Directory.