Raiffeisenbank Heideboden Egen SWIFT/BIC code

What RLBBAT2E means for a payment to Raiffeisenbank Heideboden Egen

The 8-character code RLBBAT2E and the full code RLBBAT2E028 refer to one and the same institution: Raiffeisenbank Heideboden Egen in Halbturn, Austria. A BIC does one job: it ensures that an international payment reaches the right bank. In daily life you usually see it on invoices from abroad, in payment forms and in the bank details that Raiffeisenbank Heideboden Egen provides.

On this page you can read how the code is put together, when it matters and which other details a transfer to or from Raiffeisenbank Heideboden Egen requires. The BIC identifies an institution, not a single account; the IBAN or account number does that.

Watch out for payment fraud

A common scam goes like this: an email arrives with a request saying that a supplier now has new bank details and that the next payment should go there. A real SWIFT code tells you nothing about who owns the account.

Never trust a phone number in the same message that announces the new account. Pressure and requests to keep it quiet are red flags; a genuine business can wait for you to check. When a payment has already gone to the wrong account, call your bank right away: the sooner they act, the better the chance of a recall.

People receiving money are targeted too: a classic trick is a buyer who pays too much and then sends a request to refund the difference. A screenshot of a transfer proves nothing – check your own account.

Verifying the SWIFT code of Raiffeisenbank Heideboden Egen

Ask the recipient to copy their bank details straight from their banking app. When the code you were given does not match RLBBAT2E or RLBBAT2E028, do not guess: check with the recipient or with Raiffeisenbank Heideboden Egen directly.

Errors in the BIC are annoying rather than fatal – usually the money comes back, minus fees and time lost. Do not forget the IBAN: a mistake there can be more difficult to correct than a wrong code.

A format check by your bank merely tells you that the IBAN is valid – not that it belongs to the person you mean to pay. More and more banks check the payee name with the account. A small test payment is a sensible step for a large first payment.

Sending EUR to Raiffeisenbank Heideboden Egen

Austria pays in the Euro (EUR). A payment in a foreign currency will be exchanged into EUR before it reaches the account. There is rarely a separate charge for the conversion – the cost sits in the rate.

Which bank converts the money matters, because each party uses its own rate. Often you pay less if you send EUR directly via a transfer service with a good rate rather than letting the receiving bank convert.

Rates for EUR move all the time, and some providers let you lock in a rate. If you pay regularly, small differences in the rate add up over a year.

Which of the 2 codes of Raiffeisenbank Heideboden Egen do you need?

Our directory lists 2 SWIFT/BIC codes for Raiffeisenbank Heideboden Egen. Besides the head office code RLBBAT2E028, you will find codes for regional offices and specialised units.

Usually there is no need to pick a branch: transfers sent to RLBBAT2E028 are routed within Raiffeisenbank Heideboden Egen correctly. A branch code only makes sense when the recipient’s bank specifically asks for it.

The best way is to take the code straight from the account holder’s invoice. Branch codes are more prone to change than the head office code.

International transfers from Raiffeisenbank Heideboden Egen: the real cost

A bank transfer abroad can cost rather more than the fee suggests. On top of the transfer fee, banks in between can take a cut, and if the money changes currency the bank often applies a rate below the actual market rate.

The real cost is often in the rate: many banks convert at a rate with a margin built in. Compare their rate against the mid-market rate, the midpoint between buy and sell rates you see on financial sites.

For a lot of currency pairs, a transfer service turns out to be cheaper than a bank. Before your next transfer, it is worth comparing the total cost via GoldexPay instead of going straight to your bank. Choosing a specialist does not require closing your account at Raiffeisenbank Heideboden Egen – you pay the provider from your own account.

Getting paid from abroad into a Raiffeisenbank Heideboden Egen account

Someone abroad who wants to pay you will ask for a few details from you. What they need is: the account holder’s name, IBAN or account number, RLBBAT2E028 or RLBBAT2E and in many cases your home address.

Certain sending banks want the address of Raiffeisenbank Heideboden Egen in Halbturn, so keep it at hand. A typo in the IBAN is more trouble than you might think; copy them from your banking app rather than typing.

Money from abroad will not always arrive in full. Correspondent banks can take a fee, Raiffeisenbank Heideboden Egen may charge for incoming payments, and if the currency changes, a markup on the rate applies. On invoices, you can state who bears the costs to avoid a shortfall.

Paying Raiffeisenbank Heideboden Egen in euros within SEPA

Since Austria is part of SEPA, a euro payment to Raiffeisenbank Heideboden Egen from within the SEPA area normally only needs the IBAN. Many banks do not require the BIC in that case.

A SWIFT code like RLBBAT2E does come into play when the currency is not euros, and for transfers from outside SEPA. If your banking app has a field for the BIC anyway, adding RLBBAT2E is fine.

Euro payments within SEPA usually arrive by the next business day. Charges on SEPA payments tend to be low, as long as no currency conversion is involved.

RLBBAT2E or RLBBAT2E028 – which one to use?

Every SWIFT/BIC code starts with an 8-character core: four letters for the bank, two letters for the country and two characters for the location. For Raiffeisenbank Heideboden Egen, the 8-character core is RLBBAT2E.

The 11-character version has three more characters for a branch or department. If the last three are XXX, they simply mean the head office, so RLBBAT2E028 and RLBBAT2E are interchangeable.

Enter the code as one block, in upper case and without spaces. Look out for O versus 0 or I versus 1, a common source of typos.

How long does an international transfer to Raiffeisenbank Heideboden Egen take?

How quickly a payment arrives at Raiffeisenbank Heideboden Egen depends on several factors: the currency, the number of banks in between, daily processing deadlines and time zones. Payments made after the cut-off time or just before a weekend or public holiday usually go out a business day later. Occasionally a bank wants to know about the purpose of a payment.

When a payment takes longer than expected, contact the sending bank about the status so they can trace it along the chain. Money transfer services usually provide tracking online so you can see how far the payment is.

If a payment has not arrived after a few business days, the sender should contact their own bank. Request from the sender a copy of the payment confirmation – it helps your own bank look for the money.

About this information

The directory on GoldexPay is compiled from publicly available sources and is updated regularly. It can happen that a code here is no longer current. The number of codes on this page reflect what is in our directory, not official figures from Raiffeisenbank Heideboden Egen.

Before a payment that matters, always check the BIC with the recipient’s bank or the recipient. GoldexPay is not affiliated with Raiffeisenbank Heideboden Egen, we only compare transfer services. If you notice a mistake, we welcome a short note.