SWIFT/BIC codes in Switzerland: banks starting with T

SWIFT/BIC codes in Switzerland

On this page you find the SWIFT/BIC codes of 697 banks in Switzerland. You will need a SWIFT/BIC code mainly for payments across borders and for payments in a foreign currency.

Choose a bank below to view its head office code and any branch codes. The rest of this page covers the structure of the codes, the cost of transfers and how to avoid mistakes before you send money.

What a transfer to Switzerland really costs

The price of a transfer to Switzerland is made up of more than one component – not only the fee you see. Besides a fixed fee, correspondent banks can deduct a charge, and when the money is converted the bank often applies a less favourable rate than the real market rate.

That exchange rate margin tends to be the largest part of the cost. A simple test: put the rate you get against the mid-market rate and look at the difference.

For many currency pairs, a transfer service turns out to be cheaper than a bank, mainly because of the rate. Before your next transfer to Switzerland, it is worth to compare the total cost via GoldexPay instead of going straight to your bank.

Banks in Switzerland starting with :letter

This page only shows banks in Switzerland beginning with :letter in alphabetical order. The figures for Switzerland mentioned here cover every bank we list and not only this letter.

If a bank does not appear under :letter, check another letter: banks are often registered under their full legal name. The complete list remains one click away when you cannot find the bank here.

About our data and how to check a code

Have the recipient send you their bank details directly from their banking app. If the code you have differs from the code listed here, stop and ask.

The directory on GoldexPay is compiled from publicly available sources and is updated regularly. Institutions merge, close branches and change codes. Treat our data as a starting point, not as the final word. We are an independent comparison site for money transfers, not a bank.

Be wary of invoices with changed bank details – a common fraud method. A valid BIC tells you nothing about whether a request is genuine.

Raiffeisen Schweiz Genossenschaft and its SWIFT codes

Among the 697 institutions we list, Raiffeisen Schweiz Genossenschaft holds the most SWIFT/BIC codes in Switzerland. Its head office code is RAIFCH22XXX, which is the code to use when no branch is specified.

A large number of codes usually reflects that the bank registers branches and departments separately. Making a payment to Raiffeisen Schweiz Genossenschaft? Use RAIFCH22XXX except when a specific branch code is requested.

Tracking a payment to Switzerland

How fast money reaches Switzerland depends on a few things: the currency, how many intermediary banks are involved, daily processing deadlines and time zones. Payments made after the cut-off time or on weekends and holidays often start the next business day.

When a payment takes longer than expected, ask the sender to contact their own bank and ask for the status or the UETR; only the sending side can start an official trace. Keep the payment confirmation; a bank needs it to start a trace.

Getting paid from abroad into an account in Switzerland

A sender in another country needs a few details about your account. In practice that means: your full name as your bank knows it, your IBAN or account number, the BIC of your bank and sometimes your address.

Find your bank in the list above to check its code – your bank statement is the final word. It helps to add your bank’s name and city as well.

What lands in your account is often less than what was sent. Fees for incoming transfers differ from bank to bank – your bank’s price list tells you what applies. Make clear with the sender who pays which costs before the money is sent.

What the letters in a Switzerland BIC mean

Bank identifier codes follow one international format: eight characters plus an optional three-character extension. It starts with a four-letter bank code, then a two-letter country code and two characters for the location.

You can recognise a code from Switzerland by the fifth and sixth characters: they always show the ISO country code of Switzerland. If the country letters do not match Switzerland, the code belongs to a bank somewhere else.

When a code ends in XXX, it means the main office, and the 8-character version leads to the same place. Use a branch code just when the recipient’s bank asks for it – otherwise stick with the head office.

Euro payments to Switzerland: is a BIC needed?

Within the SEPA zone, euro transfers to Switzerland follow common rules, so the IBAN does the job in most cases. The BIC field is often optional for those payments.

You still need a SWIFT code for non-euro payments or transfers from countries outside SEPA. Instant payments in euros have become widely supported across SEPA. Costs stay low as long as no currency is converted.

Sending CHF to Switzerland

The national currency of Switzerland is the Swiss Franc (CHF). If you send money in a different currency, it has to be converted somewhere along the way – by your bank, a bank in between or the recipient’s bank.

Where the conversion happens affects the final amount, as rates and margins differ per bank. Often you pay less to send CHF directly via a transfer service with a good rate. With bigger transfers, even a small gap in the rate can be worth more than the fee.