SWIFT Code SAKRAT21 — SALZBURGER KREDITGARANTIE, SALZBURG

About SWIFT Code SAKRAT21 — SALZBURGER KREDITGARANTIE, SALZBURG

SWIFT code SAKRAT21 is the official 8-character head-office BIC (Bank Identifier Code) for SALZBURGER KREDITGARANTIE in SALZBURG, 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 SALZBURGER KREDITGARANTIE for all outward international remittances from SALZBURG. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code SAKRAT21

The code SAKRAT21 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code SAKRAT21

Receiving International Wire Transfers

To receive money from abroad at your SALZBURGER KREDITGARANTIE account in SALZBURG, share SWIFT code SAKRAT21 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 SALZBURGER KREDITGARANTIE, SALZBURG must provide SWIFT code SAKRAT21. 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 SALZBURGER KREDITGARANTIE in SALZBURG rely on SWIFT code SAKRAT21 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 SALZBURGER KREDITGARANTIE →

For cheque clearing or NACH mandates, use the MICR code for SALZBURGER KREDITGARANTIE →

For TDS challan deposits, find the BSR code for SALZBURGER KREDITGARANTIE →

How SWIFT Code SAKRAT21 Routes an International Transfer

1. Initiation: The sender provides SWIFT code SAKRAT21 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 SALZBURGER KREDITGARANTIE.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: SALZBURGER KREDITGARANTIE receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code SAKRAT21

• Spaces or lowercase letters — Always enter SAKRAT21 uppercase with no spaces.
• Using the wrong city — This code is for SALZBURG 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 SAKRAT21 directly with SALZBURGER KREDITGARANTIE's SALZBURG branch or via the SWIFT BIC Directory.