Raiffeisen Spar+kreditbank EG SWIFT/BIC code

RASPDE51 – the SWIFT/BIC code of Raiffeisen Spar+kreditbank EG

The 8-character code RASPDE51 and the 11-character code RASPDE51XXX refer to the same bank: Raiffeisen Spar+kreditbank EG. A SWIFT code shows the banks handling a payment exactly which bank should receive the money. In practice you usually see it on invoices from abroad, in payment forms and on the account details that Raiffeisen Spar+kreditbank EG provides.

This page is meant to help anyone who receives money at an account at Raiffeisen Spar+kreditbank EG and wants to get the details right. The SWIFT code on its own does not identify a personal account; that is what the account number or IBAN is for.

How long does an international transfer to Raiffeisen Spar+kreditbank EG take?

There is no single delivery time: some arrive the same day or the next, others take several business days. Bank holidays in either country can add extra days to the journey. Compliance checks by one of the banks may also add a delay.

Many 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 a status in their app so you can see where the payment has got.

If the money does not arrive after a few business days, the sender needs to contact the bank that sent it. On the receiving end, you can check your statements for a partial amount.

Getting paid from abroad into a Raiffeisen Spar+kreditbank EG account

For a transfer from abroad into your account at Raiffeisen Spar+kreditbank EG, the sender has to have not just the BIC. That means: your full name exactly as it appears on the account, your IBAN or account number, the SWIFT/BIC code RASPDE51XXX and usually your address.

Some banks want the address of Raiffeisen Spar+kreditbank EG in Schnaittach, so keep it at hand. A typo in the IBAN can be harder to fix than it looks; copy them from your banking app rather than typing.

What lands in your account is often lower than the amount sent. Charges on incoming payments differ per bank – the price list of Raiffeisen Spar+kreditbank EG tells you what applies. On invoices, it is common to state how the fees are split to avoid a shortfall.

Which of the 2 codes of Raiffeisen Spar+kreditbank EG do you need?

With 2 codes, Raiffeisen Spar+kreditbank EG is one of the banks that register individual codes for parts of the organisation. The head office code remains RASPDE51XXX.

If nobody asks you for a branch code, go with RASPDE51XXX or its short form RASPDE51. A branch code only makes sense if the account holder explicitly mentions it, which is more common for corporate accounts and specialised services.

When in doubt, ask the person you are paying for the exact BIC in their bank details. Codes for branches are more likely to change than the head office code.

Before you send: check the Raiffeisen Spar+kreditbank EG code

The most reliable place for the right code remains a document from the bank itself, such as a statement or the account details in online banking. Compare that code with RASPDE51 on this page and ask if anything does not match.

An incorrect BIC can cause a delay, a returned payment or additional charges along the way. An error in the IBAN or account number can be a bigger problem because it can reach the wrong person.

Many banking apps check the format of an IBAN and sometimes look up the BIC automatically, but that does not prove the account belongs to the right person. Where available, a payee name check before sending adds an extra layer of safety. When you pay someone new, some people start with a small test amount and wait for confirmation.

SEPA payments and the Raiffeisen Spar+kreditbank EG BIC

Because Germany is in SEPA, a euro transfer to Raiffeisen Spar+kreditbank EG from another SEPA country usually only needs the IBAN. Most banking apps do not require the BIC in that case.

For anything other than euros and from non-SEPA countries, RASPDE51XXX or RASPDE51 is still required. If your banking app has a field for the BIC regardless, entering RASPDE51 does no harm.

Euro payments within SEPA normally land within one business day; instant payments are faster if both banks offer them. Charges on SEPA transfers tend to be low.

Changed bank details? Be careful

A common scam works like this: an email arrives with a request claiming that a company now has new bank details and that the next payment should go there. A correct SWIFT code tells you nothing about who owns the account: scammers use real codes of real banks.

Before paying, confirm a change of bank details by phone, using a number you already had. Urgency or secrecy are warning signs – a real supplier can wait a day. When money has already gone to the wrong account, contact your bank immediately.

Fraud can also work the other way: someone sends more than agreed and asks you to refund the extra via a different route. Wait until the money has really arrived and check with Raiffeisen Spar+kreditbank EG if anything seems off.

Euro (EUR) and conversion costs

The currency in Germany is the Euro (EUR). A payment in a foreign currency is converted into EUR on its way to Raiffeisen Spar+kreditbank EG. Every conversion costs the amount, even when no fee is shown.

Which bank converts the money makes a difference, because each party uses its own rate. Often it is cheaper to send EUR directly via a transfer service that converts near the mid-market rate, so that the receiving bank does not need to convert again.

The rate for EUR changes constantly, so the amount you see is usually only valid for a short time. On larger amounts, a seemingly small gap in the rate can be worth more than the fee.

Where our SWIFT data comes from

The details on this page are taken from publicly available data. Even so, banks merge, rename themselves or change codes. Figures such as the number of codes come from our own dataset and may differ from what Raiffeisen Spar+kreditbank EG publishes.

Before a payment that matters, check the BIC with the recipient’s bank or the recipient. GoldexPay has no connection to Raiffeisen Spar+kreditbank EG, we only compare transfer services. Spotted an error? Tell us through the contact page so we can correct it.

8 or 11 characters: RASPDE51 versus RASPDE51XXX

The layout of every SWIFT code is always the same: a bank code of four letters, a two-letter country code and two for the location, plus an optional branch code. In this case, the 8-character core is RASPDE51.

XXX at the end of RASPDE51XXX is not a missing value or an error: it indicates the head office of Raiffeisen Spar+kreditbank EG. Certain payment forms ask for 11 characters, in which case you can add XXX after RASPDE51.

In practice the code is typed in capitals. Copying the code is safer than typing it by hand, because one wrong letter changes the bank.

Paying someone abroad from your Raiffeisen Spar+kreditbank EG account

The price of an international transfer has several parts. Besides the transfer fee, banks in between may take a cut, and when the money changes currency, the bank often applies a rate below the real market rate.

Banks do not show the margin on the rate as a cost. A simple test: put the bank’s rate next to the mid-market rate for the same moment and look at the difference.

For many routes, a specialist provider turns out to be cheaper than a bank – mostly thanks to the rate. On GoldexPay we compare the amount that arrives across providers. Using a transfer service does not require closing your account at Raiffeisen Spar+kreditbank EG – you pay the provider from your own account.