SWIFT Code RARODE71 — RAIFFEISENBANK AM ROTHSEE EG, ALLERSBERG

About SWIFT Code RARODE71 — RAIFFEISENBANK AM ROTHSEE EG, ALLERSBERG

SWIFT code RARODE71 is the official 8-character head-office BIC (Bank Identifier Code) for RAIFFEISENBANK AM ROTHSEE EG in ALLERSBERG, Germany. 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 AM ROTHSEE EG for all outward international remittances from ALLERSBERG. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code RARODE71

The code RARODE71 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code RARODE71

Receiving International Wire Transfers

To receive money from abroad at your RAIFFEISENBANK AM ROTHSEE EG account in ALLERSBERG, share SWIFT code RARODE71 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 AM ROTHSEE EG, ALLERSBERG must provide SWIFT code RARODE71. 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 AM ROTHSEE EG in ALLERSBERG rely on SWIFT code RARODE71 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 AM ROTHSEE EG →

For cheque clearing or NACH mandates, use the MICR code for RAIFFEISENBANK AM ROTHSEE EG →

For TDS challan deposits, find the BSR code for RAIFFEISENBANK AM ROTHSEE EG →

How SWIFT Code RARODE71 Routes an International Transfer

1. Initiation: The sender provides SWIFT code RARODE71 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 AM ROTHSEE EG.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: RAIFFEISENBANK AM ROTHSEE EG receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code RARODE71

• Spaces or lowercase letters — Always enter RARODE71 uppercase with no spaces.
• Using the wrong city — This code is for ALLERSBERG 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 Germany.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm RARODE71 directly with RAIFFEISENBANK AM ROTHSEE EG's ALLERSBERG branch or via the SWIFT BIC Directory.