Volksbank Salzburg EG (Former Volksbank Strasswalchen-Voecklamarkt-Mondsee EG) SWIFT/BIC code

SWIFT/BIC code of Volksbank Salzburg EG (Former Volksbank Strasswalchen-Voecklamarkt-Mondsee EG)

The short code VOFRAT21 and the full code VOFRAT21XXX identify the same bank: Volksbank Salzburg EG (Former Volksbank Strasswalchen-Voecklamarkt-Mondsee EG) in Strasswalchen, Austria. Banks worldwide use BIC codes to direct payments between countries to the correct bank. In daily life you mostly see the code on international invoices, in payment forms and on the account details that Volksbank Salzburg EG (Former Volksbank Strasswalchen-Voecklamarkt-Mondsee EG) provides.

On this page we explain how the code means, when you need it and what else a transfer to or from Volksbank Salzburg EG (Former Volksbank Strasswalchen-Voecklamarkt-Mondsee EG) requires. Remember that the SWIFT code only identifies the bank, not the account: the IBAN or account number does that part.

How long does an international transfer to Volksbank Salzburg EG (Former Volksbank Strasswalchen-Voecklamarkt-Mondsee EG) take?

An international transfer typically takes one to a few business days – it depends on currency, route and the banks in between. Transfers sent after the cut-off time or on weekends and holidays usually go out the next business day. Compliance checks on larger or unusual payments can also cause a delay.

Many banks use SWIFT gpi, which lets them follow a payment from bank to bank. Each gpi transfer carries a unique transaction reference, the UETR, which your bank can use to see where the money is. Save your transfer receipt – you will need it for any trace request.

Only the sending bank is able to request a trace or a recall; the receiving side usually has nothing to trace yet. Ask the sender for the payment receipt including the reference.

International transfers from Volksbank Salzburg EG (Former Volksbank Strasswalchen-Voecklamarkt-Mondsee EG): the real cost

If you transfer money to another country from Volksbank Salzburg EG (Former Volksbank Strasswalchen-Voecklamarkt-Mondsee EG), the visible fee is only part of the cost. There is the fee for the transfer itself, sometimes fees charged by intermediary banks along the way and, most importantly, the margin on the exchange rate when the money is converted.

Most of the cost usually sits in the exchange rate, not in the fee: the bank converts at a rate with a margin built in. Compare their rate with the mid-market rate – the rate you find on financial news sites; the gap is what conversion costs you.

Specialised transfer providers often offer rates closer to the mid-market rate. On GoldexPay we compare the amount that arrives with different services, so you can pick the cheapest route. You can always use your account at Volksbank Salzburg EG (Former Volksbank Strasswalchen-Voecklamarkt-Mondsee EG); only the conversion and sending happen elsewhere.

The Euro and what conversion costs you

Most accounts at Volksbank Salzburg EG (Former Volksbank Strasswalchen-Voecklamarkt-Mondsee EG) are usually held in EUR, the local currency. Money sent in a different currency will be converted into EUR, and whoever converts it chooses the rate. Each conversion eats into something – usually through the rate rather than a fee.

Who does the conversion affects the final amount, as rates and margins differ per bank. Check how much EUR the recipient gets with several providers before choosing one.

The EUR rate fluctuates throughout the day, so the amount you see is usually only valid for a short time. For recurring payments, a slightly better rate make a real difference over a year.

Verifying the SWIFT code of Volksbank Salzburg EG (Former Volksbank Strasswalchen-Voecklamarkt-Mondsee EG)

The best place to find the right code is a document from the bank itself. When the code you were given differs from VOFRAT21 or VOFRAT21XXX, do not guess: check with the recipient or with Volksbank Salzburg EG (Former Volksbank Strasswalchen-Voecklamarkt-Mondsee EG) directly.

Mistakes in the BIC are costly rather than disastrous. A mistake in the IBAN or account number can be a bigger problem; check it just as carefully.

An automatic check in your banking app only confirms that the IBAN is valid, not that it is the right account. Where available, a payee name check on the recipient adds an extra layer of safety. When you pay someone new, many people send a small test amount.

About this information

This directory is compiled from public sources and we update it periodically. Still, banks merge or change codes. Counts and locations come from our directory and may differ from what Volksbank Salzburg EG (Former Volksbank Strasswalchen-Voecklamarkt-Mondsee EG) publishes.

Treat this page as a reference, not as the final word: the recipient’s bank details come first. GoldexPay is independent of Volksbank Salzburg EG (Former Volksbank Strasswalchen-Voecklamarkt-Mondsee EG); we are a comparison site for money transfers. Found outdated information? Tell us through the contact page.

What the XXX in VOFRAT21XXX means

The structure of a BIC is always the same: a bank code of four letters, a two-letter country code and a two-character location code, plus an optional branch code. Combined, those parts form VOFRAT21 – the version you usually see online.

The long version has three more characters for a branch or department. If the last three are XXX, they simply mean the head office.

Type the code as one block, in capitals and without separators, exactly as shown here. Copying the code beats typing it by hand.

Euro transfers to Volksbank Salzburg EG (Former Volksbank Strasswalchen-Voecklamarkt-Mondsee EG): is a BIC needed?

Within the SEPA zone, euro transfers to Volksbank Salzburg EG (Former Volksbank Strasswalchen-Voecklamarkt-Mondsee EG) follow common rules and in most cases need only the IBAN. The BIC field is usually optional or missing in that case.

For anything other than euros and for senders outside SEPA, VOFRAT21XXX or VOFRAT21 is still required. A few forms also ask for the BIC; if so, fill in VOFRAT21 or VOFRAT21XXX.

SEPA transfers normally land within one business day, and instant transfers in seconds where both banks support them. Charges on SEPA transfers tend to be low as long as everything stays in euros.

Receiving money from abroad at Volksbank Salzburg EG (Former Volksbank Strasswalchen-Voecklamarkt-Mondsee EG)

For a transfer from abroad into your account at Volksbank Salzburg EG (Former Volksbank Strasswalchen-Voecklamarkt-Mondsee EG), the sender needs more than the SWIFT code. Give them your name as the bank knows it, the IBAN or account number, SWIFT code VOFRAT21XXX and your address, which some banks require.

The sender’s bank may also ask for the address of your bank; the head office in Strasswalchen is usually fine. Check each detail before you send them.

Do not be surprised if the incoming amount is below what the sender paid. Charges on incoming payments vary per bank. For business payments, you can agree how the fees are split, so that nobody is left short.

Changed bank details? Be careful

A common scam goes like this: you receive a request claiming that a contact has new bank details and that the next payment should go there. The fact that VOFRAT21 exists does not mean that a request mentioning it is genuine; criminals use the codes of real banks too.

Never trust a phone number from the same email that contains the new account. Watch out for urgent requests, odd spelling or a sender address that is slightly off. When money was sent to the wrong account, call your bank right away.

Fraud can also target the receiver. Someone claims to have sent more than agreed and wants you to return the extra to a new account. Wait until the money is actually in your account and check with Volksbank Salzburg EG (Former Volksbank Strasswalchen-Voecklamarkt-Mondsee EG) if anything seems off.

Volksbank Salzburg EG (Former Volksbank Strasswalchen-Voecklamarkt-Mondsee EG): head office code versus branch codes

Our directory lists 2 SWIFT/BIC codes for Volksbank Salzburg EG (Former Volksbank Strasswalchen-Voecklamarkt-Mondsee EG). Next to the head office code VOFRAT21XXX, there are codes for branches, departments or specific services.

For the vast majority of payments to a private or business account, the head office code VOFRAT21XXX is what you need. A branch code only makes sense if the recipient’s bank specifically mentions it, which is more common for business accounts and trade services.

The safest approach is to copy the code directly from the recipient’s statement. Codes for branches are more likely to change than the head office code when a bank merges or closes offices.