SWIFT Code RAFIDE61 — RAIFFEISENBANK FRICKENHOFEN, GSCHWEND

About SWIFT Code RAFIDE61 — RAIFFEISENBANK FRICKENHOFEN, GSCHWEND

SWIFT code RAFIDE61 is the official 8-character head-office BIC (Bank Identifier Code) for RAIFFEISENBANK FRICKENHOFEN in GSCHWEND, 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 FRICKENHOFEN for all outward international remittances from GSCHWEND. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code RAFIDE61

The code RAFIDE61 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code RAFIDE61

Receiving International Wire Transfers

To receive money from abroad at your RAIFFEISENBANK FRICKENHOFEN account in GSCHWEND, share SWIFT code RAFIDE61 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 FRICKENHOFEN, GSCHWEND must provide SWIFT code RAFIDE61. 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 FRICKENHOFEN in GSCHWEND rely on SWIFT code RAFIDE61 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 FRICKENHOFEN →

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

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

How SWIFT Code RAFIDE61 Routes an International Transfer

1. Initiation: The sender provides SWIFT code RAFIDE61 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 FRICKENHOFEN.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: RAIFFEISENBANK FRICKENHOFEN receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code RAFIDE61

• Spaces or lowercase letters — Always enter RAFIDE61 uppercase with no spaces.
• Using the wrong city — This code is for GSCHWEND 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 RAFIDE61 directly with RAIFFEISENBANK FRICKENHOFEN's GSCHWEND branch or via the SWIFT BIC Directory.