SWIFT/BIC code RAKNLT21XXX
RAKNLT21XXX belongs to Raseiniu Kredito Unija in Raseiniai, Lithuania.
Code details
| SWIFT/BIC code | RAKNLT21XXX |
|---|---|
| 8-character code | RAKNLT21 |
| Branch code | XXX |
| Bank | Raseiniu Kredito Unija |
| Branch | Head office |
| City | Raseiniai |
| Country | Lithuania |
The way the Raseiniu Kredito Unija SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- RAKN Bank code
- 4 letters that identify the bank.
- LT Country code
- 2 letters for the country (ISO 3166).
- 21 Location code
- 2 characters for the city or region of the head office.
- XXX 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 institution uses BIC RAKNLT21XXX?
RAKNLT21XXX identifies the headquarters of Raseiniu Kredito Unija in Raseiniai, Lithuania. Use it when a payment to Raseiniu Kredito Unija does not need a specific branch.
What happens if I use RAKNLT21XXX with a typo?
The payment may be delayed, returned or charged extra fees. Double-check RAKNLT21XXX with the recipient before you confirm.
Are RAKNLT21 and RAKNLT21XXX the same SWIFT code?
Yes, they are. RAKNLT21 is the 8-character version of RAKNLT21XXX. XXX simply means head office, so either version routes your payment to Raseiniu Kredito Unija in Raseiniai.
Does Raseiniu Kredito Unija have only one SWIFT/BIC code?
Yes – RAKNLT21XXX is the only SWIFT/BIC code we have for Raseiniu Kredito Unija in Lithuania, so you do not need to pick a branch code.
What does each part of RAKNLT21XXX stand for?
RAKN is the bank code of Raseiniu Kredito Unija, LT stands for Lithuania, 21 is the code for the city or region and XXX means the main office.
Do I need RAKNLT21XXX to send euros to Lithuania?
Lithuania is part of the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you still need RAKNLT21XXX.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.