Raiffeisenbank Weissenburg-Gunzenhausen EG SWIFT/BIC code

RAWZDE71 – the SWIFT/BIC code of Raiffeisenbank Weissenburg-Gunzenhausen EG

RAWZDE71 and RAWZDE71XXX are two ways of writing the same SWIFT/BIC code, and both point to Raiffeisenbank Weissenburg-Gunzenhausen EG in Weissenburg. A SWIFT code shows the banks handling a payment exactly which bank should receive the money, a bit like a postal address for banks. It comes up mainly when dealing with transfers between countries and payments in foreign currencies.

On this page you will find how the code means, when it matters and what else a transfer to or from Raiffeisenbank Weissenburg-Gunzenhausen EG requires. The SWIFT code alone cannot identify an individual account holder; for that you need the IBAN or account number is for.

8 or 11 characters: RAWZDE71 versus RAWZDE71XXX

Each SWIFT/BIC code starts with the same eight core characters: a four-letter bank code, a two-letter country code and two characters for the location. For Raiffeisenbank Weissenburg-Gunzenhausen EG, the 8-character core is RAWZDE71.

Most banks and apps work with both lengths. If yours asks for eleven characters, use RAWZDE71XXX, otherwise RAWZDE71 is fine.

Leave out spaces, dots when you type RAWZDE71. Look out for the letter O and the digit 0 and I versus 1, a common source of typos.

Raiffeisenbank Weissenburg-Gunzenhausen EG: head office code versus branch codes

Raiffeisenbank Weissenburg-Gunzenhausen EG has 3 separate SWIFT/BIC codes. One of them is the head office code, RAWZDE71XXX; the others identify branches, and sometimes internal departments.

Unless the recipient tells you otherwise, go with RAWZDE71XXX or its short form RAWZDE71. When you receive a specific code, stick to it rather than replacing it with the head office code.

If you are not sure, ask the person you are paying which code their bank gave them. Codes for branches are more likely to change than the head office code when a bank merges or closes offices.

Sending EUR to Raiffeisenbank Weissenburg-Gunzenhausen EG

Germany uses the Euro, with the currency code EUR. When you pay another currency it has to be converted somewhere along the way. You rarely see a separate line for that conversion; it is built into the rate.

Where the conversion happens has an effect on how much arrives, as rates and margins differ per bank. Sending the money already in EUR usually avoids a second conversion.

The rate for EUR fluctuates throughout the day. With bigger transfers, a small difference in the rate can be worth more than the fee.

How long does an international transfer to Raiffeisenbank Weissenburg-Gunzenhausen EG take?

There is no single answer for international payments: many land within a day. Payments made late in the day or just before a weekend or public holiday often go out the next business day. Extra checks by one of the banks may also add a delay, regardless of the details.

Many banks are connected to SWIFT gpi for faster and traceable payments. Every payment carries a unique transaction reference, the UETR, which your bank can use to see where the money is. Money transfer services often show a status online showing where the payment has got.

If the money does not arrive after a few business days, the sender needs to contact their own bank, not the receiving bank. As a recipient, it helps to check your account to see a partial amount, since fees may have been deducted.

Receiving money from abroad at Raiffeisenbank Weissenburg-Gunzenhausen EG

Someone abroad who wants to pay you will ask for a few details about your account. Share the account holder’s name, your account number or IBAN, the BIC RAWZDE71XXX and your address, which some banks require.

The sender’s bank might also ask for the address of your bank. Double-check every detail before you share them.

Do not be surprised if the incoming amount is smaller than what the sender paid. Charges on incoming payments differ per bank; check the price list of Raiffeisenbank Weissenburg-Gunzenhausen EG. Make clear with the sender who pays which costs.

Before you send: check the Raiffeisenbank Weissenburg-Gunzenhausen EG code

The best place to find the right code remains paperwork issued by the bank, such as a statement or the account details in online banking. Check it with RAWZDE71 here.

If the code is wrong, the payment may be delayed, bounce back or end up costing more, and tracing it can take weeks. A mistake in the account number can be a bigger problem, because the money may be credited to someone else.

Most online banking apps validate the structure of an IBAN and sometimes look up the BIC automatically – that confirms the format, not the owner. If your bank offers it, a payee name check before sending gives an extra layer of safety. For a first payment, some people send a small test amount.

Watch out for payment fraud

One of the most common tricks works like this: you receive a message saying that a supplier now has new bank details. The fact that RAWZDE71 exists is no guarantee that a request mentioning it is genuine; criminals use the codes of real banks too.

Do not rely on contact details in the same message that contains the new account. Be suspicious of time pressure, unusual wording or an email address that differs by one letter. If money was sent to a fraudster, contact your bank immediately – speed improves the chance of getting it back.

Scams can also work the other way: someone sends more than agreed and wants you to return the difference via a different route. Do not act before the money has really arrived – ask Raiffeisenbank Weissenburg-Gunzenhausen EG if something looks wrong.

Sending money abroad from Raiffeisenbank Weissenburg-Gunzenhausen EG

The price of an international transfer is made up of more than one component – not just the fee on your screen. You pay the fee for the transfer itself, sometimes charges from correspondent banks along the way and, most importantly, the exchange rate markup.

Many banks rarely show their exchange rate markup as a cost – you only notice it if you compare. An easy check: set the bank’s rate against the mid-market rate and work out the difference on your amount.

Specialist money transfer services often offer rates closer to the mid-market rate and lower fees. GoldexPay lists these services next to each other so you can see what actually arrives for the same amount sent. Using a transfer service does not require closing your account at Raiffeisenbank Weissenburg-Gunzenhausen EG: you simply pay the service from your account.

Paying Raiffeisenbank Weissenburg-Gunzenhausen EG in euros within SEPA

Germany is part of the SEPA area, where euro transfers follow common rules. For a regular euro transfer within SEPA, the IBAN is usually enough and the BIC is often filled in automatically.

You still need RAWZDE71XXX when sending non-euro payments or money from outside the SEPA area. If a payment form has a field for the BIC anyway, adding RAWZDE71 does no harm.

Euro payments within SEPA normally land within one business day, and instant transfers in seconds where both banks support them. As long as the payment stays in euros, the transfer tends to be cheap; it is the conversion that costs money.

A note on our data

Our SWIFT/BIC directory draws on public sources and is updated regularly. It can happen that a code here is no longer current. The number of codes we show reflect what is in our directory.

For a payment that matters, always confirm the BIC with the recipient’s bank or the recipient. GoldexPay is not affiliated with Raiffeisenbank Weissenburg-Gunzenhausen EG, we only compare transfer services. Should you notice something that is out of date, we appreciate a message via the contact page.