A bank swift code is an 8 or 11-character alphanumeric code used to identify banks worldwide. The code is formatted as “BIC” and “IBAN”. The BIC (Bank Identifier Code) consists of 8 characters, while the IBAN (International Bank Account Number) consists of 11 characters. Both codes are used to uniquely identify a bank and facilitate international money transfers.
|SWIFT Code / BIC||RZOOAT2L231|
|Money Transfer||Transfer money using Wise internationally, that is 6X cheaper than Banks.|
|Receive Money||Get paid/money using Wise at real Exchange Rate.|
|Bank:||Raiffeisenbank Kollerschlag eGen|
|Branch Name||Not Found|
RZOOAT2L231 SWIFT Code Breakdown
|Bank Country Code||AT|
|Location & Status||2L|
What is Swift Code For Bank
Swift codes or Bank Identifier Codes (BICs) are alphanumeric bank account identifiers used to identify banks internationally. Swift codes consist of 8 or 11 alphanumeric characters. The first 3-4 characters denote the type of bank (i.e., IBAN, BIC, SWIFT) and the last three characters identify the bank’s country code. Swift codes are most commonly used by banks for electronic fund transfers (EFT), electronic remittance orders (ERO), and direct debits (DDA).
- First 4 (four) characters – bank code (only letters)
- Second 2 characters – ISO 43896-1 Alpha-2 country code (only letters)
- Third 2 characters – location code, passive participant will have “1” in the second character (letters & digits)
- Last/fourth 3 characters – Branch code, optional – ‘XXX’ for primary office (letters and digits). For example: 231.
Raiffeisenbank Kollerschlag eGen Kollerschlag SWIFT/BIC Code
What is Wise
Wise is a global technology company that’s building the best way to move money around the world.
More than 10 million people and businesses have stopped using banks, PayPal and traditional providers, because Wise is cheaper, faster and easier. Huge companies and banks use Wise technology too; an entirely new cross-border payment network that will one day power money without borders for everyone, everywhere.
Over five million people use Wise, which processes over £5bn in payments every month, saving customers over £1bn a year.
Money without borders - instant, convenient, transparent and eventually free. We’re powering money for people and businesses in their increasingly global lives - to pay, to get paid, to spend, in any currency, wherever you are, whatever you’re doing.