SWIFT Code RAIFCH22823 — RAIFFEISEN SCHWEIZ GENOSSENSCHAFT, GSTAAD

About SWIFT Code RAIFCH22823 — RAIFFEISEN SCHWEIZ GENOSSENSCHAFT, GSTAAD

SWIFT code RAIFCH22823 is the official 11-character branch-specific BIC (Bank Identifier Code) for RAIFFEISEN SCHWEIZ GENOSSENSCHAFT in GSTAAD, Switzerland. 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 SCHWEIZ GENOSSENSCHAFT for all outward international remittances from GSTAAD. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code RAIFCH22823

The code RAIFCH22823 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code RAIFCH22823

Receiving International Wire Transfers

To receive money from abroad at your RAIFFEISEN SCHWEIZ GENOSSENSCHAFT account in GSTAAD, share SWIFT code RAIFCH22823 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 SCHWEIZ GENOSSENSCHAFT, GSTAAD must provide SWIFT code RAIFCH22823. 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 SCHWEIZ GENOSSENSCHAFT in GSTAAD rely on SWIFT code RAIFCH22823 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 SCHWEIZ GENOSSENSCHAFT →

For cheque clearing or NACH mandates, use the MICR code for RAIFFEISEN SCHWEIZ GENOSSENSCHAFT →

For TDS challan deposits, find the BSR code for RAIFFEISEN SCHWEIZ GENOSSENSCHAFT →

How SWIFT Code RAIFCH22823 Routes an International Transfer

1. Initiation: The sender provides SWIFT code RAIFCH22823 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 SCHWEIZ GENOSSENSCHAFT.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: RAIFFEISEN SCHWEIZ GENOSSENSCHAFT receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code RAIFCH22823

• Spaces or lowercase letters — Always enter RAIFCH22823 uppercase with no spaces.
• Using the wrong city — This code is for GSTAAD 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 Switzerland.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm RAIFCH22823 directly with RAIFFEISEN SCHWEIZ GENOSSENSCHAFT's GSTAAD branch or via the SWIFT BIC Directory.