Raiffeisenbank Suedhardt EG SWIFT/BIC code

RASRDE61 – the SWIFT/BIC code of Raiffeisenbank Suedhardt EG

The short code RASRDE61 and the 11-character code RASRDE61XXX identify the same bank: Raiffeisenbank Suedhardt EG, with its head office in Bietigheim. A SWIFT code tells the sending bank which institution is meant to get the money, much like a postcode for banks. You will need it mainly when dealing with transfers between countries.

On this page you can read what the code is put together, when it matters and what else a transfer to or from Raiffeisenbank Suedhardt EG requires. The BIC identifies an institution, not a specific account; the IBAN or account number does that.

When will the money arrive at Raiffeisenbank Suedhardt EG?

How quickly a transfer reaches Raiffeisenbank Suedhardt EG is determined by a few things: which currency you send, how many intermediary banks are involved, daily processing deadlines and time zones. Bank holidays in the sending or receiving country add extra days, since banks do not process on those days. Extra checks on larger or unusual payments may also add a delay.

A growing number of banks use SWIFT gpi. Every payment carries a unique transaction reference, the UETR. Money transfer services usually provide tracking in their app so you can see where the payment is.

If a payment has not arrived within the expected time, the person who paid should start with the bank that sent it. Ask the sender for a copy of the payment confirmation – it helps your own bank look for the money.

Paying Raiffeisenbank Suedhardt EG in euros within SEPA

Germany is a member of the Single Euro Payments Area (SEPA), the zone for standardised euro payments. For a standard euro transfer from another SEPA country, you normally only need the IBAN.

Outside the euro and for senders outside SEPA, RASRDE61XXX or RASRDE61 remains required. If your banking app has a field for the BIC anyway, adding RASRDE61 does no harm.

Instant payments in euros are increasingly supported across SEPA. Charges on SEPA payments are generally low as long as everything stays in euros.

A note on our data

This directory draws on public sources. Still, banks merge, rename themselves or change codes, so information can be out of date. Figures such as the number of codes come from our own dataset and are not confirmed by Raiffeisenbank Suedhardt EG.

For any payment that matters, check the BIC with Raiffeisenbank Suedhardt EG or the recipient. GoldexPay is a comparison service and not affiliated with Raiffeisenbank Suedhardt EG. Found outdated information? Let us know via our contact form.

Changed bank details? Be careful

One of the most common tricks works like this: an email arrives with a message saying that a company has new bank details and asking you to pay there from now on. A valid SWIFT code tells you nothing about who owns the account – scammers simply use real codes.

Never rely on contact details from the same email that contains the new account. Pressure or requests to keep it quiet are red flags. Acted too fast? Call the bank you paid from straight away and ask them to start a recall; also report it to the police.

Fraud also work the other way: someone claims to have sent too much and asks you to return the extra via a different route. A screenshot of a transfer proves nothing.

Getting paid from abroad into a Raiffeisenbank Suedhardt EG account

A sender in another country will ask for several details from you – incomplete details often cause delays. That means: your name exactly as it appears on the account, your account number or IBAN, the SWIFT/BIC code RASRDE61XXX and, often, your postal address.

Certain sending banks want the bank’s address in Bietigheim. A mistake in your account number is harder to fix than it looks, so copy the details from your online banking.

What lands in your account is often lower than the amount sent. Fees for incoming transfers vary from bank to bank; check the price list of Raiffeisenbank Suedhardt EG. On invoices, it is common to state who bears the costs.

The Euro and what conversion costs you

Most accounts at Raiffeisenbank Suedhardt EG are usually held in EUR, the national currency. If you send another currency, the amount has to be converted somewhere along the way – by your bank, by Raiffeisenbank Suedhardt EG or by a bank in between. Each conversion eats into something – usually through the rate rather than a fee.

Who converts the payment makes a difference, because each party uses its own rate. In many cases it is cheaper to send EUR straight away through a provider that converts near the mid-market rate.

Rates for EUR change during the day – some services let you fix a rate in advance. For recurring payments, a slightly better rate add up over a year.

Sending money abroad from Raiffeisenbank Suedhardt EG

What you pay for a payment abroad has several parts – not just the fee on your screen. There is the fee for the transfer itself, sometimes charges from correspondent banks in between and, above all, the margin on the exchange rate if the currency changes.

Most of the cost usually sits in the exchange rate: many banks convert at a rate with a margin built in. An easy check: put the rate you get against the mid-market rate for the same moment and look at the difference.

Specialist money transfer services frequently offer a rate near the mid-market rate. On GoldexPay we compare the amount that arrives with different services, which makes the cheapest option easy to spot. You can always keep your account at Raiffeisenbank Suedhardt EG as the source of the money; only the conversion and sending happen elsewhere.

How to check RASRDE61 before you pay

Have the recipient copy their bank details straight from their banking app. Compare it against RASRDE61 here; if they differ, ask before you pay.

If the code is wrong, the transfer may be delayed, bounce back or cost extra – sometimes after weeks of searching. Do not forget the IBAN: a mistake there is more difficult to undo than a wrong BIC.

Most online banking apps check the format of IBANs and sometimes look up the BIC automatically. Where available, a payee name check on the recipient adds extra certainty. A small test payment is worth it for large sums.

RASRDE61 or RASRDE61XXX – which one to use?

Every SWIFT/BIC code has the same eight core characters: four letters for the bank, two letters for the country and two characters for the location. The result is RASRDE61.

XXX at the end of RASRDE61XXX does not stand for a missing value or an error: it stands for the main office of Raiffeisenbank Suedhardt EG. Certain payment forms ask for 11 characters, in which case you simply enter XXX behind RASRDE61.

Enter the code in one piece, in capitals and without spaces. Look out for the letter O and the digit 0 or I versus 1.

Which of the 2 codes of Raiffeisenbank Suedhardt EG do you need?

Raiffeisenbank Suedhardt EG has 2 different SWIFT/BIC codes. One of them is the head office code; the others belong to branches or departments.

Unless the recipient tells you otherwise, use RASRDE61XXX or its short form RASRDE61. Just use a branch code when the account holder gives you that exact code, for example on a letter or invoice.

When in doubt, check with the recipient which code their bank gave them. Branch codes are more prone to change than the head office code.