SWIFT Code UBRTHUHB — RAIFFEISEN BANK ZRT., BUDAPEST

About SWIFT Code UBRTHUHB — RAIFFEISEN BANK ZRT., BUDAPEST

SWIFT code UBRTHUHB is the official 8-character head-office BIC (Bank Identifier Code) for RAIFFEISEN BANK ZRT. in BUDAPEST, Hungary. 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 RAIFFEISEN BANK ZRT. for all outward international remittances from BUDAPEST. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code UBRTHUHB

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

When to Use SWIFT Code UBRTHUHB

Receiving International Wire Transfers

To receive money from abroad at your RAIFFEISEN BANK ZRT. account in BUDAPEST, share SWIFT code UBRTHUHB 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 RAIFFEISEN BANK ZRT., BUDAPEST must provide SWIFT code UBRTHUHB. 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 RAIFFEISEN BANK ZRT. in BUDAPEST rely on SWIFT code UBRTHUHB 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 RAIFFEISEN BANK ZRT. →

For cheque clearing or NACH mandates, use the MICR code for RAIFFEISEN BANK ZRT. →

For TDS challan deposits, find the BSR code for RAIFFEISEN BANK ZRT. →

How SWIFT Code UBRTHUHB Routes an International Transfer

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

Common Mistakes When Using SWIFT Code UBRTHUHB

• Spaces or lowercase letters — Always enter UBRTHUHB uppercase with no spaces.
• Using the wrong city — This code is for BUDAPEST 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 Hungary.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm UBRTHUHB directly with RAIFFEISEN BANK ZRT.'s BUDAPEST branch or via the SWIFT BIC Directory.