Detailed Guide: Using RAIFFEISENLANDESBANK OBEROESTERREICH AKTIENGESELLSCHAFT ZWEIGNIEDERLASSUNG SUEDDEUTSCHLAND SWIFT Code for Global Transfers
When dealing with international finance, precision is paramount. The RZOODE77050 Business Identifier Code (BIC) is the exclusive digital signature for RAIFFEISENLANDESBANK OBEROESTERREICH AKTIENGESELLSCHAFT ZWEIGNIEDERLASSUNG SUEDDEUTSCHLAND located in PASSAU. 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 RZOODE77050 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 RAIFFEISENLANDESBANK OBEROESTERREICH AKTIENGESELLSCHAFT ZWEIGNIEDERLASSUNG SUEDDEUTSCHLAND globally.
- DE: The Country Code, identifying that the bank is regulated under Germany laws.
- 77: The Location Code, usually pointing to the PASSAU hub.
- 050: The Branch Code, specifying this exact physical office.
2. How to Receive Money in PASSAU
If you are a resident or business owner in PASSAU, you must provide the following information to your international sender. For transactions involving RAIFFEISENLANDESBANK OBEROESTERREICH AKTIENGESELLSCHAFT ZWEIGNIEDERLASSUNG SUEDDEUTSCHLAND, 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 | RZOODE77050 |
| Destination Bank | RAIFFEISENLANDESBANK OBEROESTERREICH AKTIENGESELLSCHAFT ZWEIGNIEDERLASSUNG SUEDDEUTSCHLAND |
| Branch Location | PASSAU, Germany |
3. Potential Fees & Intermediary Banking
It is important to note that a transfer to RAIFFEISENLANDESBANK OBEROESTERREICH AKTIENGESELLSCHAFT ZWEIGNIEDERLASSUNG SUEDDEUTSCHLAND might not be direct. Depending on the relationship between your sender's bank and the DE 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 PASSAU branch code?
In most cases, RAIFFEISENLANDESBANK OBEROESTERREICH AKTIENGESELLSCHAFT ZWEIGNIEDERLASSUNG SUEDDEUTSCHLAND will
automatically route the funds to your account based on your Account Number/IBAN. However,
using the local RZOODE77050 is recommended for faster processing
and lower risk of manual intervention.
Is RZOODE77050 the same as a Routing Number?
No. Routing numbers are primarily used for domestic transfers within the USA. For international transfers to Germany, 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 RZOODE77050 for
RAIFFEISENLANDESBANK OBEROESTERREICH AKTIENGESELLSCHAFT ZWEIGNIEDERLASSUNG SUEDDEUTSCHLAND is part of the latest directory update. We
periodically refresh our database to ensure all codes for PASSAU are compliant
with current financial standards.
Note: Financial data changes. While RZOODE77050 is
verified for RAIFFEISENLANDESBANK OBEROESTERREICH AKTIENGESELLSCHAFT ZWEIGNIEDERLASSUNG SUEDDEUTSCHLAND, always perform a small test transfer for high-value
transactions. This resource is for educational purposes regarding the banking infrastructure in
PASSAU, Germany.