Raiffeisenkasse Latsch Cassa Raiffeisen Laces SWIFT/BIC code

What RZSBIT21 means for a payment to Raiffeisenkasse Latsch Cassa Raiffeisen Laces

RZSBIT21 and RZSBIT21115 are the short and the long form of the same bank identifier, and both lead to Raiffeisenkasse Latsch Cassa Raiffeisen Laces in Coldrano (Laces). Banks worldwide use these codes to route international transfers to the right institution. You will need it mainly for transfers between countries.

On this page you will find what the code means, when you need it and which other details a transfer to or from Raiffeisenkasse Latsch Cassa Raiffeisen Laces requires. The SWIFT code on its own cannot identify an individual account holder; for that you need the account number or IBAN .

When will the money arrive at Raiffeisenkasse Latsch Cassa Raiffeisen Laces?

There is no single delivery time for every transfer: many land within a day while others need several business days. Bank holidays in either country add extra days, since banks do not process on those days. Occasionally a bank wants to know about the purpose of a payment.

Many banks are connected to SWIFT gpi for faster and traceable payments. Every payment carries a unique reference, the UETR. Keep your transfer receipt until the recipient confirms; it contains the details a bank needs to start a trace.

If the money does not arrive after a few business days, the sender should contact their own bank rather than Raiffeisenkasse Latsch Cassa Raiffeisen Laces. On the receiving end, you can look at your statements to see a slightly lower amount, since fees may have been deducted.

Euro (EUR) and conversion costs

Accounts at Raiffeisenkasse Latsch Cassa Raiffeisen Laces are typically held in EUR, the local currency of Italy. Money sent in a different currency is exchanged into EUR – and the bank that does it picks the rate. There is rarely a separate charge for the conversion; it is built into the rate.

Which bank converts the money matters, because each party uses its own rate. Check what EUR the recipient gets with several providers; the difference between options can be larger than you expect.

The rate for EUR fluctuates constantly and quotes are often valid only for a short time. For recurring payments, small differences in the rate add up over time.

Sending money abroad from Raiffeisenkasse Latsch Cassa Raiffeisen Laces

The price of a payment abroad is made up of more than one component – not just the fee on your screen. There is the transfer fee, sometimes charges from correspondent banks in between and, above all, the exchange rate markup.

Many banks rarely list the margin on the rate as a cost. Compare their rate with the mid-market rate; the gap is what conversion costs you.

Specialist money transfer services frequently offer a rate near the mid-market rate and lower fees. GoldexPay compares transfer providers next to each other so you can see what actually arrives. Using a transfer service does not mean leaving Raiffeisenkasse Latsch Cassa Raiffeisen Laces.

Paying Raiffeisenkasse Latsch Cassa Raiffeisen Laces in euros within SEPA

Because Italy is in the SEPA zone, a euro transfer into Raiffeisenkasse Latsch Cassa Raiffeisen Laces from within the SEPA area usually only needs the IBAN. Most banking apps no longer ask for the BIC for these payments.

A SWIFT code like RZSBIT21 does come into play when the currency is not euros, and for transfers from outside SEPA. Some forms also ask for the BIC out of habit; in that case, enter RZSBIT21 or RZSBIT21115.

Instant payments in euros have become increasingly available across SEPA. As long as no currency is converted, the transfer tends to be inexpensive; costs rise once a conversion is involved.

Watch out for payment fraud

One of the most common tricks works like this: an email arrives with a request saying that a contact has a new bank account and that the next payment should go there. A real SWIFT code says nothing about who owns the account.

Never trust a phone number in the same message that contains the new account. Pressure and secrecy are warning signs – a real supplier can wait a day. When a payment was sent to a fraudster, call your bank right away: the sooner they act, the better the chance of a recall.

People receiving money are targeted too: one known trick is an overpayment and then sends a request to refund the difference. A payment confirmation from the sender is no proof – check your own account.

What the XXX in RZSBIT21115 means

Every SWIFT/BIC code starts with the same eight core characters: four letters for the bank, two letters for the country and two characters for the location. For Raiffeisenkasse Latsch Cassa Raiffeisen Laces, the 8-character core is RZSBIT21.

The 11-character version has a three-character extension for a branch or department. When those three characters are XXX, the code points to the head office, which is why RZSBIT21115 and RZSBIT21 lead to the same place.

Enter the code as one block, in upper case and without spaces. Copying the code beats typing it by hand, because one wrong letter changes the bank.

About this information

The codes on this page are taken from publicly available data. It can happen that information on this page is out of date. Figures such as the number of codes come from our directory.

See our directory here as a handy check, and let the details from the recipient or Raiffeisenkasse Latsch Cassa Raiffeisen Laces have the final say. We are an independent comparison service for money transfers and not part of Raiffeisenkasse Latsch Cassa Raiffeisen Laces. Found an error? Let us know through the contact page and we will look into it.

Is RZSBIT21 still correct? How to check

Have the recipient copy the account details directly from a recent statement. If the code you have does not match RZSBIT21 or RZSBIT21115, do not guess.

Errors in the SWIFT code tend to be annoying more than disastrous – usually the money comes back, minus fees and time lost. A mistake in the IBAN or account number is a bigger problem, because the money may be credited to someone else.

An automatic check in your banking app merely confirms that the code exists. Where available, a name check on the recipient adds extra certainty. For a first payment, some people start with a small test amount and wait for confirmation.

Incoming international payments to Raiffeisenkasse Latsch Cassa Raiffeisen Laces

Someone abroad who wants to pay you will ask for several details about your account. What they need is: the account holder’s name, account number or IBAN, RZSBIT21115 and, for some countries, your home address.

You can add the bank name and its city too, since some forms ask for it. Check each detail before you send them – a sender rarely spots a mistake in someone else’s details.

What lands in your account can be lower than the amount sent. Correspondent banks can take a fee, and if the money is converted, an exchange rate margin applies. For business payments, you can agree who bears the costs to avoid a shortfall.

Raiffeisenkasse Latsch Cassa Raiffeisen Laces: head office code versus branch codes

We have 3 SWIFT/BIC codes for Raiffeisenkasse Latsch Cassa Raiffeisen Laces, spread over 3 locations. Besides the head office code RZSBIT21115, there are codes for individual branches and departments.

In most cases you do not need to pick a branch: payments sent to RZSBIT21115 reach Raiffeisenkasse Latsch Cassa Raiffeisen Laces correctly. If you have been given a branch code, stick to it rather than swapping it for the head office code.

Unsure which code applies? Ask the recipient. Branch codes can change when banks reorganise, so a code from an old document is not always valid.