SWIFT Code RAKBDE21 — RAIFFEISENBANK KALBE-BISMARK EG, BISMARK

About SWIFT Code RAKBDE21 — RAIFFEISENBANK KALBE-BISMARK EG, BISMARK

SWIFT code RAKBDE21 is the official 8-character head-office BIC (Bank Identifier Code) for RAIFFEISENBANK KALBE-BISMARK EG in BISMARK, 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 KALBE-BISMARK EG for all outward international remittances from BISMARK. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code RAKBDE21

The code RAKBDE21 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code RAKBDE21

Receiving International Wire Transfers

To receive money from abroad at your RAIFFEISENBANK KALBE-BISMARK EG account in BISMARK, share SWIFT code RAKBDE21 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 KALBE-BISMARK EG, BISMARK must provide SWIFT code RAKBDE21. 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 KALBE-BISMARK EG in BISMARK rely on SWIFT code RAKBDE21 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 KALBE-BISMARK EG →

For cheque clearing or NACH mandates, use the MICR code for RAIFFEISENBANK KALBE-BISMARK EG →

For TDS challan deposits, find the BSR code for RAIFFEISENBANK KALBE-BISMARK EG →

How SWIFT Code RAKBDE21 Routes an International Transfer

1. Initiation: The sender provides SWIFT code RAKBDE21 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 KALBE-BISMARK EG.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: RAIFFEISENBANK KALBE-BISMARK EG receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code RAKBDE21

• Spaces or lowercase letters — Always enter RAKBDE21 uppercase with no spaces.
• Using the wrong city — This code is for BISMARK 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 RAKBDE21 directly with RAIFFEISENBANK KALBE-BISMARK EG's BISMARK branch or via the SWIFT BIC Directory.