Axpo Holding AG SWIFT/BIC code

Axpo Holding AG SWIFT code: AXPOCH22

AXPOCH22 and AXPOCH22XXX are the short and the long form of the same SWIFT/BIC code, and both point to Axpo Holding AG in Baden. Every bank on the SWIFT network uses these codes to direct international transfers to the right bank. In practice you usually come across the code on invoices from abroad, in payment forms and in the bank details of Axpo Holding AG customers.

Below we go through the practical questions: receiving money at Axpo Holding AG, sending money abroad and how to verify a SWIFT code before you hit send. The SWIFT code alone does not identify a personal account; for that you need the IBAN or account number .

When will the money arrive at Axpo Holding AG?

How quickly a payment arrives at Axpo Holding AG depends on several factors: the currency, the number of banks in between, cut-off times and time zones. Transfers sent after the cut-off time or just before weekends and holidays usually start the next business day. Extra checks on larger or unusual payments can also add some delay, regardless of the details.

A growing number of banks are connected to SWIFT gpi. Each gpi transfer gets a unique transaction reference, the UETR that banks can use to trace it. Save your transfer receipt until the money has arrived – you will need it for any trace request.

A delayed transfer has to be traced from the sending side on the basis of the transfer details. Request from the sender the payment receipt with the date and reference – it helps your own bank look for the money.

Choosing between the 3 SWIFT codes of Axpo Holding AG

With 3 codes in 2 cities, Axpo Holding AG belongs to the banks that use separate codes for branches and departments. The main code is AXPOCH22XXX.

In most cases there is no need to look up a branch: payments addressed to AXPOCH22XXX reach Axpo Holding AG without problems. Only use a branch code when the recipient explicitly asks for it.

Unsure which code to use? Check with the recipient, or look at a recent statement from Axpo Holding AG. Codes are sometimes changed or retired when banks reorganise, so a code from an old document is not always valid.

The Swiss Franc and what conversion costs you

Switzerland pays in the Swiss Franc (CHF). A payment in a foreign currency will be exchanged into CHF before it reaches the account, and whoever converts it chooses the rate. Each conversion eats into the amount.

Who converts the money makes a difference, because each party uses its own rate. Compare what CHF arrives via different providers.

The rate for CHF changes constantly, so the amount you see is usually only valid for a short time. For regular payments, a slightly better rate make a real difference over time.

International transfers from Axpo Holding AG: the real cost

If you send money abroad via Axpo Holding AG, the visible fee is rarely all of what you pay. On top of the transfer fee, correspondent or intermediary banks may deduct a fee, and when the money changes currency the bank usually uses a rate that is less favourable than the real market rate.

The markup on the rate tends to be the largest item even though it is not listed as a fee. A simple test: set the rate you get next to the mid-market rate and look at the difference.

For many routes, a transfer service is cheaper than a bank, mainly because of the exchange rate. On GoldexPay you can compare the amount that arrives with different providers, which makes the cheapest option easy to spot. You can always keep your account at Axpo Holding AG.

Changed bank details? Be careful

A common scam goes like this: an email arrives with a message claiming that a supplier has a new bank account. The fact that AXPOCH22 exists does not mean that a request mentioning it is legitimate – fraudsters use real bank codes as well.

Before paying, verify changed bank details through a phone call. Watch out for time pressure, unusual wording or a sender address that is slightly off. If a payment was sent to the wrong account, contact your bank immediately.

People receiving money are targeted too: one known trick is a buyer who pays too much followed by a request to send back the difference. A screenshot of a transfer is no proof.

Do you need AXPOCH22 for a SEPA transfer?

Because Switzerland is part of the SEPA zone, a euro payment to Axpo Holding AG from another SEPA country normally requires just an IBAN. Many banks do not require the BIC in that case or fill it in for you.

You still need AXPOCH22XXX when sending payments in other currencies or money from outside the SEPA area. If a payment form asks for the BIC anyway, entering AXPOCH22 is fine.

Instant payments in euros have become widely supported across SEPA – whether Axpo Holding AG offers them for your account is worth checking. Provided the payment stays in euros, the transfer is cheap.

Incoming international payments to Axpo Holding AG

If you are waiting for a payment from another country, give the sender all details at once. Share your name as the bank knows it, the IBAN or account number, the BIC AXPOCH22XXX and your address.

You can add Axpo Holding AG and Baden as well. Double-check every detail before you share 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, Axpo Holding AG may charge for incoming payments, and if the money is converted, a markup on the rate comes on top. Make clear with the sender who pays which costs before the money is sent.

Before you send: check the Axpo Holding AG code

The safest source for a SWIFT code is the bank details provided by the recipient. When the code you were given differs from AXPOCH22 or AXPOCH22XXX, do not guess – contact the recipient or Axpo Holding AG.

An incorrect BIC can cause a delay, a payment being sent back or additional charges along the way. Do not forget the account number: an error there can be more difficult to undo than a wrong BIC.

An automatic check in your banking app merely confirms that the IBAN is valid. More and more banks compare the name with the account before you confirm; take any warning seriously. For a first payment, some people start with a small amount first and wait for confirmation.

8 or 11 characters: AXPOCH22 versus AXPOCH22XXX

Each 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. In this case, that core is AXPOCH22.

XXX at the end of AXPOCH22XXX does not stand for a missing value or a mistake: it stands for the head office of Axpo Holding AG. Certain payment forms insist on 11 characters, and then you simply enter XXX after AXPOCH22.

Type the code in one piece, in capitals and without spaces. Watch for the letter O and the digit 0 and I versus 1; they are easy to mix up.

About this information

We gather bank codes from publicly available data and check our list from time to time. It can happen that information here is out of date, for example after a merger. The figures on this page reflect our own data and not on information from Axpo Holding AG itself.

Use this page as a reference, not as the final word – the bank details from the recipient are leading. GoldexPay is independent of Axpo Holding AG; we are a comparison site for money transfers. Should you notice something that is out of date, we welcome a message via the contact page.