Detailed Guide: Using RAIFFEISENBANK ASPACH-WILDENAU EGEN SWIFT Code for Global Transfers
When dealing with international finance, precision is paramount. The RZOOAT2L016 Business Identifier Code (BIC) is the exclusive digital signature for RAIFFEISENBANK ASPACH-WILDENAU EGEN located in Aspach im Innkreis. Without this precise string of characters, your international wire transfer could be delayed, routed to the wrong intermediary, or returned with significant banking fees.
1. Understanding the 11-Character Logic
The code RZOOAT2L016 is not a random sequence. It follows a strict ISO-9362
hierarchy that tells the global financial system exactly where your money needs to land:
- RZOO: The Bank Code representing RAIFFEISENBANK ASPACH-WILDENAU EGEN globally.
- AT: The Country Code, identifying that the bank is regulated under Austria laws.
- 2L: The Location Code, usually pointing to the Aspach im Innkreis hub.
- 016: The Branch Code, specifying this exact physical office.
2. How to Receive Money in Aspach im Innkreis
If you are a resident or business owner in Aspach im Innkreis, you must provide the following information to your international sender. For transactions involving RAIFFEISENBANK ASPACH-WILDENAU EGEN, ensure these fields are filled accurately in the MT103 (SWIFT Message Type):
| Field Name | Required Value |
|---|---|
| Beneficiary Name | Your Full Legal Name |
| Account Number | IBAN or Regional Account Format |
| BIC/SWIFT | RZOOAT2L016 |
| Destination Bank | RAIFFEISENBANK ASPACH-WILDENAU EGEN |
| Branch Location | Aspach im Innkreis, Austria |
3. Potential Fees & Intermediary Banking
It is important to note that a transfer to RAIFFEISENBANK ASPACH-WILDENAU EGEN might not be direct. Depending on the relationship between your sender's bank and the AT banking system, an "Intermediary Bank" might be involved. These banks may deduct a "Handling Fee" ranging from $15 to $50. Always ask your sender to choose the OUR instruction if they wish to cover all costs, or SHA to share the fees with you.
4. Frequently Asked Questions (Verified Answers)
What happens if I use the Head Office SWIFT instead of the Aspach im Innkreis branch code?
In most cases, RAIFFEISENBANK ASPACH-WILDENAU EGEN will
automatically route the funds to your account based on your Account Number/IBAN. However,
using the local RZOOAT2L016 is recommended for faster processing
and lower risk of manual intervention.
Is RZOOAT2L016 the same as a Routing Number?
No. Routing numbers are primarily used for domestic transfers within the USA. For international transfers to Austria, the SWIFT code is the standard identifier used by the global banking network.
How can I verify if this code is still active?
The code RZOOAT2L016 for
RAIFFEISENBANK ASPACH-WILDENAU EGEN is part of the latest directory update. We
periodically refresh our database to ensure all codes for Aspach im Innkreis are compliant
with current financial standards.
Note: Financial data changes. While RZOOAT2L016 is
verified for RAIFFEISENBANK ASPACH-WILDENAU EGEN, always perform a small test transfer for high-value
transactions. This resource is for educational purposes regarding the banking infrastructure in
Aspach im Innkreis, Austria.