SWIFT Code RAIFCH22896 — RAIFFEISEN SCHWEIZ GENOSSENSCHAFT, GURMELS

About SWIFT Code RAIFCH22896 — RAIFFEISEN SCHWEIZ GENOSSENSCHAFT, GURMELS

SWIFT code RAIFCH22896 is the official 11-character branch-specific BIC (Bank Identifier Code) for RAIFFEISEN SCHWEIZ GENOSSENSCHAFT in GURMELS, 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 GURMELS. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code RAIFCH22896

The code RAIFCH22896 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code RAIFCH22896

Receiving International Wire Transfers

To receive money from abroad at your RAIFFEISEN SCHWEIZ GENOSSENSCHAFT account in GURMELS, share SWIFT code RAIFCH22896 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, GURMELS must provide SWIFT code RAIFCH22896. 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 GURMELS rely on SWIFT code RAIFCH22896 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 RAIFCH22896 Routes an International Transfer

1. Initiation: The sender provides SWIFT code RAIFCH22896 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 RAIFCH22896

• Spaces or lowercase letters — Always enter RAIFCH22896 uppercase with no spaces.
• Using the wrong city — This code is for GURMELS 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 RAIFCH22896 directly with RAIFFEISEN SCHWEIZ GENOSSENSCHAFT's GURMELS branch or via the SWIFT BIC Directory.