SWIFT/BIC code RAIFCH22723
RAIFCH22723 belongs to Raiffeisen Schweiz Genossenschaft in Schlossrued, Switzerland.
Code details
| SWIFT/BIC code | RAIFCH22723 |
|---|---|
| 8-character code | RAIFCH22 |
| Branch code | 723 |
| Bank | Raiffeisen Schweiz Genossenschaft |
| Branch | — |
| City | Schlossrued |
| Country | Switzerland |
How 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.
- 723 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 RAIFCH22723?
RAIFCH22723 is the SWIFT/BIC code of Raiffeisen Schweiz Genossenschaft, part of Raiffeisen Schweiz Genossenschaft in Schlossrued, Switzerland. Only use it if the recipient or their bank explicitly asks for it.
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 the amount that arrives in Swiss Franc with transfer services before you send – the difference can be large.
Do I need RAIFCH22723 to send euros to Switzerland?
Switzerland belongs to the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you do need RAIFCH22723.
How long does it take to send money to Raiffeisen Schweiz Genossenschaft?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
Can I use RAIFCH22 instead of RAIFCH22723?
RAIFCH22 is the main office of Raiffeisen Schweiz Genossenschaft, while RAIFCH22723 is Raiffeisen Schweiz Genossenschaft. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention RAIFCH22723.
What happens if I use RAIFCH22723 incorrectly?
The payment may be delayed, returned or charged extra fees. Always check RAIFCH22723 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.