Walmart Bank AG SWIFT/BIC code

WALRCHZ1 – the SWIFT/BIC code of Walmart Bank AG

Whether a recipient gives you WALRCHZ1 or WALRCHZ1XXX, it is the identical address for Walmart Bank AG in Switzerland. A SWIFT code shows 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.

Further down you will find the practical side: money coming in from abroad, paying someone in another country and how to check the code before you confirm a payment. A SWIFT code names a bank or branch, never a specific account.

SEPA payments and the Walmart Bank AG BIC

Switzerland is part of the Single Euro Payments Area (SEPA). For a standard euro transfer within SEPA, you normally only need the IBAN and the BIC is often filled in automatically.

You will still need WALRCHZ1XXX when sending payments in other currencies or transfers from countries outside SEPA. If your banking app asks for the BIC anyway, adding WALRCHZ1 does no harm.

Euro payments within SEPA normally land by the next business day; instant payments are faster if both banks offer them. Charges on SEPA transfers are generally low, as long as no currency conversion is involved.

Sending money abroad from Walmart Bank AG

The price of a payment abroad is made up of several parts, and the transfer fee is only the most visible one. You pay the fee for the transfer itself, sometimes charges from correspondent banks in between and, most importantly, the exchange rate markup if the currency changes.

That exchange rate margin is often the largest cost even though it is not listed as a fee. Check the rate you are offered against the mid-market rate, the midpoint between buy and sell rates you see on financial sites. The difference is your real conversion cost.

For a lot of currency pairs, a specialist provider turns out to be cheaper than a traditional bank transfer. On GoldexPay we compare the amount that arrives across providers, so you can pick the cheapest route. You can always keep your account at Walmart Bank AG as the source of the money; only the conversion and sending happen elsewhere.

Watch out for payment fraud

Scammers often use payment requests with changed bank details sent from what looks like a familiar address. The fact that WALRCHZ1 exists does not mean that the account is legitimate.

Do not rely on contact details in the same message that announces the new account. Be suspicious of urgent requests, odd spelling or an email address that differs by one letter. Acted too fast? Contact the bank you paid from without delay and ask them to try to recall the payment; also report it to the police.

People receiving money can be targeted as well: a classic trick is an overpayment followed by a request to refund the difference to another account. A screenshot of a transfer proves nothing.

Tracking a transfer to or from Walmart Bank AG

How fast a payment reaches Walmart Bank AG depends on several factors: which currency you send, how many intermediary banks are involved, daily processing deadlines and differences in time zone. Transfers sent late in the day or on a weekend or public holiday often start a business day later. Occasionally a bank wants to know about the purpose of a payment before releasing it.

A growing number of banks are connected to SWIFT gpi, which lets them follow a payment from bank to bank. Each payment carries a unique reference, the UETR, which your bank can use to see where the money is. Specialist transfer services usually show a status online so you can see how far the money is.

If a payment has not arrived within the expected time, the person who paid needs to start with the bank that sent it rather than Walmart Bank AG. On the receiving end, it helps to look at your account to see a slightly lower amount.

About this information

The details here are taken from public sources which we refresh regularly. It can happen that information on this page is out of date, for example after a merger. The figures we show reflect our own data.

Before a payment that matters, always confirm the code with the recipient’s bank or the recipient. GoldexPay has no connection to Walmart Bank AG; we are a comparison site for money transfers. Spotted outdated information? Tell us through the contact page so we can correct it.

Sending CHF to Walmart Bank AG

Most accounts at Walmart Bank AG are usually held in CHF, the local currency of Switzerland. If you send money in a different currency it gets converted somewhere along the way. You rarely see a separate line for that conversion – the cost sits in the rate.

Who does the conversion affects how much arrives, as rates and margins differ per bank. In many cases it is cheaper if you send CHF straight away through a provider that converts near the mid-market rate rather than letting the receiving bank convert.

The rate for CHF fluctuates constantly and quotes are often valid only for a short time. On larger amounts, even small difference in the rate adds up quickly.

What the XXX in WALRCHZ1XXX means

A SWIFT code is built from a few fixed parts: the first four letters stand for the bank, the next two give the country and the two after that indicate the location. Together, these eight characters form WALRCHZ1.

XXX at the end of WALRCHZ1XXX is not a missing value or an error: it indicates the head office of Walmart Bank AG. Some banking apps ask for 11 characters, in which case you simply add XXX behind WALRCHZ1.

Type the code as one block, in capitals and without spaces. A wrong character can send the money to a different institution.

What to give a sender who pays you at Walmart Bank AG

For a transfer from abroad at Walmart Bank AG, the sender has to have more than the BIC. In practice that means: your name as registered with Walmart Bank AG, your IBAN or account number, the SWIFT/BIC code WALRCHZ1XXX (or WALRCHZ1) and sometimes your address.

You can include the bank name and its city too, since some forms ask for it. A typo in your account number can be harder to fix than it looks.

What lands in your account can be lower than what was sent. Intermediary banks may deduct a fee, and if the money is converted, an exchange rate margin applies. Make clear with the sender who pays which costs before the money is sent.

Is WALRCHZ1 still correct? How to check

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 WALRCHZ1 here; if they differ, ask before you pay.

An incorrect BIC can cause delays, a returned payment or extra fees. Remember the account number: a mistake there can be more difficult to correct than a wrong BIC.

Most online banking apps validate the format of IBANs and sometimes look up the BIC automatically – that confirms the format, not the owner. More and more banks compare the payee name with the account before you confirm. A small test payment is a sensible step for a large first payment despite the extra fee.

Head office or branch code at Walmart Bank AG?

With 4 codes, Walmart Bank AG belongs to the banks that use individual codes for branches and departments. The head office code is WALRCHZ1XXX.

For the vast majority of incoming transfers, the head office code WALRCHZ1XXX is what you need. Branch codes are only needed when the account holder explicitly mentions it.

When in doubt, check with the recipient for the exact BIC in their bank details. Codes are sometimes changed or retired when banks reorganise, so do not rely on old paperwork.