Raiffeisen Bank International AG SWIFT/BIC code

What RZBAATWW means for a payment to Raiffeisen Bank International AG

Whether a recipient gives you RZBAATWW or RZBAATWWXXX, you are looking at the same address for Raiffeisen Bank International AG in Austria. The code has a single purpose: it makes sure that an international payment ends up at the right bank. It comes up mostly when dealing with payments that cross a border and payments in foreign currencies.

Below you will find the practical side: money coming in from abroad, paying someone in another country and how to check the code before you confirm a payment. Keep in mind that the SWIFT code just identifies the bank, not the person: the account number or IBAN does that part.

Changed bank details? Be careful

Stay wary if someone unexpectedly asks you to pay into another account. That RZBAATWW is a real code is no guarantee that a request mentioning it is genuine – fraudsters use real bank codes as well.

Never rely on contact details from the same email that contains the new account. Watch out for urgent requests, odd spelling or a sender address that is slightly off. Already paid? Contact your bank without delay and have them start a recall.

Recipients can be targeted as well: a classic trick is a buyer who pays too much followed by a request to refund the difference. Do not act before the money is actually in your account.

How to check RZBAATWW before you pay

The safest source for the BIC is the bank details provided by the recipient: an invoice, a bank statement or their online banking. If the code you have differs from RZBAATWW or RZBAATWWXXX, do not guess.

An incorrect BIC can cause delays, a payment being sent back or additional charges for investigation. A mistake in the IBAN or account number is a bigger problem because it can reach the wrong person, so check that just as carefully.

A validity check by your bank merely tells you that the IBAN is valid, not that it is the right account. Where available, a name check on the recipient gives an extra layer of safety. When you pay someone new, many people send a small test amount before sending the rest.

Where our SWIFT data comes from

The codes on this page come from publicly available data. It is possible that a code on this page is no longer current, for example after a merger. Counts and locations come from our directory and are not confirmed by Raiffeisen Bank International AG.

Use this page as a reference, not as the final word: the recipient’s bank details come first. GoldexPay is not affiliated with Raiffeisen Bank International AG; we are a comparison site for money transfers. Spotted an error? Let us know through the contact page and we will look into it.

What a transfer from Raiffeisen Bank International AG abroad really costs

A bank transfer abroad can cost rather more than the listed fee. On top of a fixed fee, banks in between can take a cut, and when the money changes currency the bank often uses a rate that is less favourable than the real market rate.

Banks do not show the margin on the rate as a cost. Compare their rate against the mid-market rate – the rate you find on financial news sites. The difference is your real conversion cost.

Specialist money transfer services often use a rate near the mid-market rate with clearer fees. GoldexPay lists transfer providers next to each other so you can see what actually arrives before you commit. You can still keep your account at Raiffeisen Bank International AG; only the conversion and sending happen elsewhere.

Tracking a transfer to or from Raiffeisen Bank International AG

How quickly a payment reaches Raiffeisen Bank International AG depends on several factors: the currency, how many intermediary banks are involved, cut-off times and time zones. Weekends and public holidays in the sending or receiving country can add a day or more to the journey. Extra checks on larger or unusual payments can also cause some delay, even when all details are correct.

A growing number of banks use SWIFT gpi. Every gpi transfer carries a unique reference, the UETR, which your bank can use to see where the money is. Specialist transfer services usually show tracking online so you can see how far the money is.

Only the sending bank can request a trace; the receiving side usually has nothing to trace yet. Request from the sender a copy of the payment confirmation – it helps your own bank look for the money.

What to give a sender who pays you at Raiffeisen Bank International AG

A sender in another country needs several details about your account. The basics are: your name, account number or IBAN, RZBAATWWXXX and often your postal address.

Their bank might request the bank address of Raiffeisen Bank International AG; the head office in Vienna is usually fine. Check every detail before you share them, because the sender’s bank usually copies them as is.

The amount you receive can be lower than the amount sent. Fees for incoming transfers vary per bank – the price list of Raiffeisen Bank International AG tells you what applies. On invoices, it is common to state who bears the costs, so that nobody is left short.

Which of the 7 codes of Raiffeisen Bank International AG do you need?

Our database contains 7 SWIFT/BIC codes for Raiffeisen Bank International AG. Besides the head office code RZBAATWWXXX, there are codes for branches, departments or specific services.

For most payments to a private or business account, the head office code RZBAATWWXXX works fine. A branch code only makes sense if the account holder specifically asks for it, which is more common for corporate accounts and trade services.

The safest approach is to take the code directly from the recipient’s bank details. Codes can change when banks reorganise, so a code from an old document is not always valid.

Euro (EUR) and conversion costs

Austria pays in the Euro. Money sent in a different currency is exchanged into EUR before it reaches the account. There is rarely a separate charge for the conversion.

Who converts the money makes a difference, because each party uses its own rate. Transferring the money already in EUR often avoids an extra conversion, provided the rate you get is fair.

The rate for EUR fluctuates throughout the day. For recurring payments, small differences in the rate make a real difference over a year.

SEPA payments and the Raiffeisen Bank International AG BIC

Since Austria is part of SEPA, a euro transfer into Raiffeisen Bank International AG from within the SEPA area usually requires just the IBAN. Most banking apps no longer ask for the BIC in that case or fill it in for you.

You will still need RZBAATWWXXX for payments in other currencies or transfers from countries outside SEPA. A few forms still show a field for the BIC; in that case, fill in RZBAATWW or RZBAATWWXXX.

SEPA transfers usually arrive by the next business day, and instant transfers in seconds where both banks support them. Charges on SEPA transfers are generally low as long as everything stays in euros.

8 or 11 characters: RZBAATWW versus RZBAATWWXXX

Each SWIFT/BIC code starts with an 8-character core: a four-letter bank code, a two-letter country code and a two-character location code. Together, those parts make up RZBAATWW, the code most people search for.

The long version adds a three-character extension that identify a branch or department. If the last three are XXX, they simply mean the head office, so RZBAATWWXXX and RZBAATWW are interchangeable.

In practice the code is typed in capitals. Pasting the code beats typing it by hand: a typo can point to another bank.