Raiffeisenbezirksbank Oberwart Egen SWIFT/BIC code

SWIFT/BIC code of Raiffeisenbezirksbank Oberwart Egen

If an invoice shows RLBBAT2E or RLBBAT2E125, it is the identical address for Raiffeisenbezirksbank Oberwart Egen in Austria. A SWIFT code shows the sending bank which institution is meant to get the money, a bit like a postal address for banks. In practice you mostly come across it on international invoices, in payment forms and in the bank details of Raiffeisenbezirksbank Oberwart Egen customers.

This page is meant to help anyone who receives money at an account at Raiffeisenbezirksbank Oberwart Egen and wants to get the details right. Keep in mind that the SWIFT code just identifies the bank, not the account: the IBAN or account number takes care of that.

How up to date is this code?

We collect bank codes from public sources and update our list from time to time. Banks reorganise, close branches and retire codes – a directory can be a step behind. The number of codes on this page reflect our own data, not official figures from Raiffeisenbezirksbank Oberwart Egen.

For a payment of any size, always confirm the BIC with Raiffeisenbezirksbank Oberwart Egen or the recipient. We are an independent comparison service and not part of Raiffeisenbezirksbank Oberwart Egen. Spotted outdated information? Let us know via our contact form and we will look into it.

Choosing between the 2 SWIFT codes of Raiffeisenbezirksbank Oberwart Egen

We have 2 SWIFT/BIC codes for Raiffeisenbezirksbank Oberwart Egen in 2 cities. Besides the head office code RLBBAT2E125, you will find codes for branches, departments or specific services.

For the vast majority of incoming transfers, the head office code RLBBAT2E125 works fine. Only use a branch code when the account holder explicitly asks for it, for example on a letter or invoice.

The safest route is to copy the code directly from the account holder’s statement. Codes for branches are more prone to change than the head office code.

Changed bank details? Be careful

A common scam goes like this: you receive a request saying that a supplier 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 simply use real codes.

Before paying, confirm changed bank details by phone on a number you know, not one from the message. Be suspicious of urgent requests, unusual wording or an email address that differs by one letter. If a payment has already gone to a fraudster, contact your bank immediately – speed improves the chance of getting it back.

Scams can also work the other way. Someone sends too much and wants you to return the extra via a different route. A screenshot of a transfer is no proof.

Transfer times and tracking a payment to Raiffeisenbezirksbank Oberwart Egen

A SWIFT payment typically needs one to a few business days. Weekends and public holidays in the sending or receiving country add a day or more, since banks do not process on those days. Extra checks on larger or unusual payments may also add some delay.

When a payment takes longer than expected, contact your bank for the status. Save your transfer receipt until the recipient confirms – you will need it for any trace request.

Only the sending bank can start an official trace or a recall. As a recipient, you can look at your account to see a slightly lower amount because fees can reduce the amount.

Euro transfers to Raiffeisenbezirksbank Oberwart Egen: is a BIC needed?

Because Austria is part of the SEPA zone, a euro transfer into Raiffeisenbezirksbank Oberwart Egen from another SEPA country usually only needs the IBAN. Many banks do not require the BIC for these payments or fill it in for you.

You still need RLBBAT2E125 when sending non-euro payments or money from outside the SEPA area. If a payment form asks for the BIC regardless, entering RLBBAT2E does no harm.

Instant payments in euros have become widely supported across SEPA. As long as the payment stays in euros, a SEPA transfer is cheap.

The Euro and what conversion costs you

Austria pays in the Euro, with the currency code EUR. Money sent in a different currency will be exchanged into EUR – and the bank that does it picks the rate. There is rarely a separate line for the conversion.

Where the conversion happens has an effect on how much arrives. Sending the amount already in EUR usually avoids a second conversion at the receiving end.

Exchange rates move during the day – some services let you fix a rate in advance. If you pay regularly, a slightly better rate make a real difference over time.

Paying someone abroad from your Raiffeisenbezirksbank Oberwart Egen account

An international bank payment can cost more than the fee suggests. Besides a fixed fee, banks in between may take a cut, and if the money changes currency the bank usually applies a rate that is less favourable than the actual market rate.

That exchange rate margin is often the biggest item because it is hidden in the rate. Compare the rate you are offered with the mid-market rate, the midpoint between buy and sell rates you see on financial sites. The difference is your real conversion cost.

For a lot of currency pairs, a transfer service is less expensive than a bank. GoldexPay compares transfer providers next to each other, showing the amount the recipient gets. Using a transfer service does not mean closing your account at Raiffeisenbezirksbank Oberwart Egen – you pay the provider from your own account.

RLBBAT2E or RLBBAT2E125 – which one to use?

The structure of a BIC never changes: a bank code of four letters, two for the country and a two-character location code. Together, those parts make up RLBBAT2E, the code most people search for.

XXX at the end of RLBBAT2E125 does not stand for a placeholder or a mistake: it indicates the main office of Raiffeisenbezirksbank Oberwart Egen. Some banking apps insist on 11 characters, in which case you can enter XXX behind RLBBAT2E.

Do not add spaces when you enter RLBBAT2E. A single letter may route the money to a different institution, so check it twice.

Verifying the SWIFT code of Raiffeisenbezirksbank Oberwart Egen

The most reliable 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 does not match RLBBAT2E or RLBBAT2E125, stop and ask – contact the recipient or Raiffeisenbezirksbank Oberwart Egen.

Mistakes in the SWIFT code tend to be costly rather than fatal – usually the money comes back, minus fees and time lost. A mistake in the account number is a bigger problem because it can reach the wrong person; check it just as carefully.

Many banking apps validate the structure of IBANs. Where available, a payee name check on the recipient gives extra certainty. When you pay someone new, many people start with a small test amount before sending the rest.

Getting paid from abroad into a Raiffeisenbezirksbank Oberwart Egen account

If you expect money from abroad, send the payer all details at once. That means: your full name as registered with Raiffeisenbezirksbank Oberwart Egen, your account number or IBAN, the BIC RLBBAT2E125 and usually your postal address.

Some banks want the name and address of Raiffeisenbezirksbank Oberwart Egen in Oberwart, so keep it at hand. Double-check every detail before you send them – a sender rarely spots a mistake in someone else’s details.

Money from abroad will not always land in full. Correspondent banks can take a fee, Raiffeisenbezirksbank Oberwart Egen may charge for incoming payments, and if the currency changes, an exchange rate margin comes on top. For business payments, it is common to agree who bears the costs, so that nobody is left short.