Bank Fuer Tirol und Vorarlberg A.G. SWIFT/BIC code

BTVAAT22 – the SWIFT/BIC code of Bank Fuer Tirol und Vorarlberg A.G.

Whether you are given BTVAAT22 or BTVAAT22XXX, it is the identical address for Bank Fuer Tirol und Vorarlberg A.G. in Austria. Banks worldwide use BIC codes to direct international transfers to the right bank. In practice you usually see the code on invoices from abroad, in payment forms and in the bank details that Bank Fuer Tirol und Vorarlberg A.G. provides.

On this page we explain how the code is put together, when you need it and which other details a transfer to or from Bank Fuer Tirol und Vorarlberg A.G. requires. The BIC identifies an institution, never a single account; the IBAN or account number does that.

Sending money abroad from Bank Fuer Tirol und Vorarlberg A.G.

A bank transfer abroad costs rather more than the fee suggests. On top of a fixed fee, banks in between may deduct a fee, and if currencies are converted the bank usually uses a rate that is less favourable than the actual market rate.

Many banks do not show the margin on the rate as a cost, but you pay it all the same. A simple test: put the bank’s rate against the mid-market rate for the same moment and look at the difference.

For many currency pairs, a transfer service turns out to be cheaper than a bank. Before your next transfer, take a minute to compare what arrives via GoldexPay instead of going straight to your bank. You can always keep your account at Bank Fuer Tirol und Vorarlberg A.G.; only the conversion and sending happen elsewhere.

Paying Bank Fuer Tirol und Vorarlberg A.G. in euros within SEPA

Since Austria is in the SEPA zone, a euro payment into Bank Fuer Tirol und Vorarlberg A.G. from another SEPA country normally only needs an IBAN. Many banks no longer ask for the BIC for these payments or fill it in for you.

You will still need BTVAAT22XXX when sending payments in other currencies or money from outside the SEPA area. Some banks and apps still ask for the BIC; if so, fill in BTVAAT22.

Instant payments in euros are increasingly available within SEPA – whether Bank Fuer Tirol und Vorarlberg A.G. offers them for your account is worth checking. As long as the payment stays in euros, the transfer is inexpensive; costs rise once a conversion is involved.

Choosing between the 24 SWIFT codes of Bank Fuer Tirol und Vorarlberg A.G.

Having 24 codes in 24 locations, Bank Fuer Tirol und Vorarlberg A.G. belongs to the banks that register separate codes for branches. The main code is BTVAAT22XXX.

Unless the recipient tells you otherwise, use BTVAAT22XXX or its short form BTVAAT22. If you have been given a specific code, stick to it instead of swapping it for the head office code.

If you are not sure, check with the recipient for the exact BIC in their bank details. Branch codes are more likely to change than the head office code.

Is BTVAAT22 still correct? How to check

The most reliable place for the right code remains a document from the bank itself like a bank statement or the account page in online banking. Compare it with BTVAAT22 on this page and ask if anything does not match.

With a wrong code, the transfer may get stuck, bounce back or cost extra. An error in the account number is more serious, because the money may be credited to someone else.

An automatic check in your banking app merely confirms that the code is valid, not that it is the right account. Some banks now check the name against the account before you confirm; take any warning seriously. For a first payment, some people send a small amount first before sending the rest.

Getting paid from abroad into a Bank Fuer Tirol und Vorarlberg A.G. account

To receive an international payment at Bank Fuer Tirol und Vorarlberg A.G., the person paying you has to have more than the BIC. The basics are: your name, IBAN or account number, BTVAAT22XXX and in many cases your home address.

It helps to add Bank Fuer Tirol und Vorarlberg A.G. and its city as well, because some payment forms have separate fields for them. A mistake in your account number is more trouble than you might think; copy them from your banking app rather than typing.

What lands in your account is often lower than the amount sent. Charges on incoming payments differ from bank to bank – the price list of Bank Fuer Tirol und Vorarlberg A.G. tells you what applies. Make clear with the sender who pays which costs, especially for larger amounts.

8 or 11 characters: BTVAAT22 versus BTVAAT22XXX

A BIC is built from a few fixed parts: the first four letters identify the bank, the next two show the country and the two after that indicate the location. The result is BTVAAT22, the short form of the code.

The long version adds a three-character extension that identify a branch or department. If the last three are XXX, the code points to the head office, which is why BTVAAT22XXX and BTVAAT22 lead to the same place.

Type the code in one piece, in capitals and without spaces. A wrong letter can send the money to a different institution.

Where our SWIFT data comes from

The details on this page come from publicly available data which we refresh regularly. It can happen that information here is no longer current after a merger or reorganisation. Counts and locations come from our own dataset and are not confirmed by Bank Fuer Tirol und Vorarlberg A.G..

Treat this page as a starting point, not as the final word – the bank details from the recipient are leading. GoldexPay is not affiliated with Bank Fuer Tirol und Vorarlberg A.G., we only compare transfer services. Spotted outdated information? Let us know through the contact page so we can correct it.

Sending EUR to Bank Fuer Tirol und Vorarlberg A.G.

Accounts at Bank Fuer Tirol und Vorarlberg A.G. are typically held in EUR, the national currency. Money sent in a different currency is exchanged into EUR before it reaches the account – and the bank that does it picks the rate. Every conversion costs something – usually through the rate rather than a fee.

Where the conversion happens affects how much arrives. Often it is cheaper if you send EUR straight away via a provider that converts near the mid-market rate.

Exchange rates change all the time. If you pay regularly, a slightly better rate make a real difference over a year.

When will the money arrive at Bank Fuer Tirol und Vorarlberg A.G.?

How fast a payment arrives at Bank Fuer Tirol und Vorarlberg A.G. is determined by a few things: the currency, the number of banks in between, daily processing deadlines and time zones. Bank holidays in the sending or receiving country add a day or more. Occasionally a bank wants to know what the payment is for.

Many banks use SWIFT gpi for faster and traceable payments. Each gpi transfer gets a unique transaction reference, the UETR that banks can use to trace it. Keep the payment confirmation.

A delayed transfer is traced by the sending bank. As a recipient, you can look at your statements for a slightly lower amount.

Watch out for payment fraud

Be alert when a contact suddenly wants you to pay into a different account abroad. A valid SWIFT code says nothing about who owns the account – scammers simply use real codes.

Before paying, verify changed bank details through a phone call. Watch out for urgent requests, odd spelling or a sender address that is slightly off. If money was sent to the wrong account, contact your bank immediately: the sooner they act, the better the chance of a recall.

Recipients are targeted too: one known trick is an overpayment and then sends a request to refund the difference to another account. A payment confirmation from the sender is no proof; only your own account shows what has arrived.