Raiffeisenbank Region Braunau SWIFT/BIC code

Raiffeisenbank Region Braunau SWIFT code: RZOOAT2L

Whether you are given RZOOAT2L or RZOOAT2L060, you are looking at the identical identifier for Raiffeisenbank Region Braunau in Austria. The code has a single purpose: it ensures that money from abroad reaches the right bank. In practice you mostly come across it on international invoices, in payment forms and on the account details that Raiffeisenbank Region Braunau provides.

Below we go through the practical questions: money coming in from abroad, sending money abroad and how to check a SWIFT code before you confirm a payment. The SWIFT code alone cannot identify an individual account holder; for that you need the account number or IBAN .

Do you need RZOOAT2L for a SEPA transfer?

Austria belongs to the SEPA area, the zone for standardised euro payments. When you send euros from another SEPA country, the IBAN is usually enough; many banks no longer ask for the BIC.

You will still need RZOOAT2L060 for payments in other currencies or transfers from countries outside SEPA. If your banking app asks for the BIC regardless, entering RZOOAT2L does no harm.

Instant payments in euros have become widely supported across SEPA; check with Raiffeisenbank Region Braunau whether it applies to your account. Provided no currency is converted, the transfer tends to be cheap.

Why Raiffeisenbank Region Braunau has an 8- and an 11-character code

A SWIFT code is built from fixed blocks: characters one to four identify the bank, characters five and six give the country and the two after that indicate the location. The result is RZOOAT2L, the short form of the code.

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, which is why RZOOAT2L060 and RZOOAT2L lead to the same place.

Type the code in one piece, in capitals and without spaces. Copying the code beats typing it by hand.

Scams that use SWIFT codes

A common scam works like this: an email arrives with a message claiming that a company now has a new bank account and asking you to pay there from now on. A correct SWIFT code tells you nothing about who owns the account: scammers use real codes of real banks.

Always verify changed bank details by phone, using a number you already had. Pressure or requests to keep it quiet tend to be red flags. When money was sent to the wrong account, contact your bank immediately.

People receiving money can be targeted as well: one known trick is a buyer who pays too much and then sends a request to send back the difference abroad. A payment confirmation from the sender proves nothing; only your own account shows what has arrived.

When will the money arrive at Raiffeisenbank Region Braunau?

How fast a payment arrives at Raiffeisenbank Region Braunau depends on a few things: which currency you send, the number of banks in between, cut-off times and differences in time zone. Transfers sent after the cut-off time or just before a weekend or public holiday often go out a business day later. Compliance checks by one of the banks may also cause some delay, even when all details are correct.

A growing number of banks are connected to SWIFT gpi for faster and traceable payments. Each gpi transfer gets a unique transaction reference, the UETR that banks can use to trace it. Money transfer services often provide tracking online so you can see how far the payment has got.

The bank that sent the money is able to start an official trace or a recall – the recipient’s bank often cannot see a payment that has not arrived. Ask the sender for the payment receipt.

Head office or branch code at Raiffeisenbank Region Braunau?

Raiffeisenbank Region Braunau has 2 different SWIFT/BIC codes across 1 locations. Only one is the head office code; the rest belong to branches or departments, and sometimes specific services.

If nobody asks you for a branch code, use RZOOAT2L060. When you receive a specific code, stick to it rather than replacing it with the head office code.

Not sure which code to use? Check with the recipient. Codes are sometimes changed or retired when banks reorganise, so do not rely on old paperwork.

Sending EUR to Raiffeisenbank Region Braunau

The national currency in Austria is the Euro (EUR). When you pay money in a different currency, the amount has to be converted at some point: by your bank, an intermediary or Raiffeisenbank Region Braunau itself. Each conversion costs something.

Who does the conversion has an effect on how much arrives. In many cases it is cheaper if you send EUR straight away via a transfer service that converts near the mid-market rate, so that the receiving bank does not need to convert again.

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

Where our SWIFT data comes from

The codes on this page are taken from publicly available data which we refresh regularly. Banks reorganise, close branches and retire codes. Figures such as the number of codes come from our directory and are not confirmed by Raiffeisenbank Region Braunau.

For any payment that matters, confirm the BIC with Raiffeisenbank Region Braunau or with the recipient. GoldexPay is independent of Raiffeisenbank Region Braunau, we only compare transfer services. If you notice something that is out of date, we welcome a message via the contact page.

What a transfer from Raiffeisenbank Region Braunau abroad really costs

When you send money abroad via Raiffeisenbank Region Braunau, the visible fee is rarely all of what you pay. There is the transfer fee, sometimes charges from correspondent banks in between and, above all, the margin on the exchange rate if the currency changes.

The markup on the rate tends to be the largest item, and it is easy to miss. Compare their rate against the mid-market rate.

Specialised transfer providers often offer rates closer to the mid-market rate and lower fees. Before your next transfer, take a minute to compare the total cost on GoldexPay. Using a transfer service does not require closing your account at Raiffeisenbank Region Braunau.

Getting paid from abroad into a Raiffeisenbank Region Braunau account

Someone abroad who wants to pay you will ask for several details about your account, and missing ones are a common cause of delays. Share your name as the bank knows it, your account number or IBAN, SWIFT code RZOOAT2L060 and your address.

Some sending banks want the name and address of Raiffeisenbank Region Braunau in Braunau Am Inn; it does no harm to include it. Check each detail before you send them.

An incoming payment will not always land for the full amount. Correspondent banks can take a fee and your own bank may charge for processing, and when currencies differ, a markup on the rate applies. For business payments, it is common to agree who bears the costs.

Is RZOOAT2L still correct? How to check

The best place to find the right code is a document from the bank itself like a bank statement or the account page in online banking. Compare that code with RZOOAT2L on this page; if they differ, ask before you pay.

Errors in the SWIFT code are annoying more than disastrous – usually the money comes back, minus fees and time lost. Remember the IBAN: an error there is more difficult to correct than a wrong BIC.

Many banking apps validate the format of IBANs and some suggest the matching BIC – that confirms the format, not the owner. More and more banks check the name with the account before you confirm – do not ignore a mismatch warning. A small test payment can be a sensible step for large sums.