SWIFT/BIC code RAIFCH22589
RAIFCH22589 belongs to Raiffeisen Schweiz Genossenschaft in Conthey, Switzerland.
Code details
| SWIFT/BIC code | RAIFCH22589 |
|---|---|
| 8-character code | RAIFCH22 |
| Branch code | 589 |
| Bank | Raiffeisen Schweiz Genossenschaft |
| Branch | — |
| City | Conthey |
| Country | Switzerland |
The way the Raiffeisen Schweiz Genossenschaft SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- RAIF Bank code
- 4 letters that identify the bank.
- CH Country code
- 2 letters for the country (ISO 3166).
- 22 Location code
- 2 characters for the city or region of the head office.
- 589 Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
Which bank is behind SWIFT code RAIFCH22589?
The code RAIFCH22589 belongs to Raiffeisen Schweiz Genossenschaft, a branch or department of Raiffeisen Schweiz Genossenschaft in Conthey, Switzerland. Only use it if the recipient or their bank explicitly asks for it.
Do I need RAIFCH22589 for a euro transfer to Switzerland?
Switzerland is part of the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you do need RAIFCH22589.
How long does a transfer to Raiffeisen Schweiz Genossenschaft take in Switzerland?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 2–4 business days.
What do the letters in RAIFCH22589 mean?
RAIF is the institution code of Raiffeisen Schweiz Genossenschaft, CH stands for Switzerland, 22 is the location code and 589 is the code of the branch Raiffeisen Schweiz Genossenschaft.
What is the best way to send money to Raiffeisen Schweiz Genossenschaft?
Banks often add 1–3% to the exchange rate on top of a fee. Compare what you receive in Swiss Franc with transfer services before you send – the difference can be large.
What happens if I use RAIFCH22589 incorrectly?
Your transfer can bounce, get stuck or cost extra. Double-check RAIFCH22589 against the details from Raiffeisen Schweiz Genossenschaft before sending.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.