SWIFT Code RAKIDE61 — RAIFFEISENBANK KAISERSTUHL EG, JECHTINGEN

About SWIFT Code RAKIDE61 — RAIFFEISENBANK KAISERSTUHL EG, JECHTINGEN

SWIFT code RAKIDE61 is the official 8-character head-office BIC (Bank Identifier Code) for RAIFFEISENBANK KAISERSTUHL EG in JECHTINGEN, 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 KAISERSTUHL EG for all outward international remittances from JECHTINGEN. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code RAKIDE61

The code RAKIDE61 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code RAKIDE61

Receiving International Wire Transfers

To receive money from abroad at your RAIFFEISENBANK KAISERSTUHL EG account in JECHTINGEN, share SWIFT code RAKIDE61 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 KAISERSTUHL EG, JECHTINGEN must provide SWIFT code RAKIDE61. 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 KAISERSTUHL EG in JECHTINGEN rely on SWIFT code RAKIDE61 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 KAISERSTUHL EG →

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

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

How SWIFT Code RAKIDE61 Routes an International Transfer

1. Initiation: The sender provides SWIFT code RAKIDE61 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 KAISERSTUHL EG.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: RAIFFEISENBANK KAISERSTUHL EG receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code RAKIDE61

• Spaces or lowercase letters — Always enter RAKIDE61 uppercase with no spaces.
• Using the wrong city — This code is for JECHTINGEN 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 RAKIDE61 directly with RAIFFEISENBANK KAISERSTUHL EG's JECHTINGEN branch or via the SWIFT BIC Directory.