RAIFFEISENBANK FRASTANZ SATTEINS, BAHNHOFSTRASSE 2, FRASTANZ, Austria

SWIFT CODE :RVVGAT2B424RAIFFEISENBANK FRASTANZ SATTEINS FRASTANZ, AUSTRIA

BIC Name / Bank name / Institution Name	RAIFFEISENBANK FRASTANZ SATTEINS
Bank Code / Institution Code	RVVG
Country	AUSTRIA
Country Code (ISO 3166)	AT
City	FRASTANZ
City Code	2B The City Code are Institution Specific, different BIC has allotted different City Code for same city.
Office Type
Branch Code	424
Swift Code / BIC Code	RVVGAT2B424
Address	BAHNHOFSTRASSE 2
Zip Code / Postal Code	6820
Note: Before Transferring payment to the Bank Branch, confirm from the payment receiver, if the Bank Branch is Active
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Whether Bank IBAN Compliant	Yes, RAIFFEISENBANK FRASTANZ SATTEINS, is IBAN Compliant.
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SEPA Credit Transfer Status	Account holders of this branch can Receive Payment through SEPA Network
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What is a SWIFT Code / BIC code?

Business Identifier Codes (BIC) has been developed by Society for Worldwide Interbank Financial Telecommunication (SWIFT) to identify banks and financial institutions globally. That is why BIC Codes are also known as SWIFT Codes.SWIFT Codes / BIC Codes are used for transferring money between banks of different countries or SEPA payments. Banks also use these codes for exchanging financial messages.

SWIFT Code / BIC Code is formed of 8 or 11 characters in following system:

First four characters in the SWIFT Code / BIC Code from left depicts bank code. In the case of RAIFFEISENBANK FRASTANZ SATTEINS the first four characters from left RVVG indicates that it is RAIFFEISENBANK FRASTANZ SATTEINS.
Characters 5-6 from left in the SWIFT Code / BIC Code, depicts Country code of the bank. In the case of RAIFFEISENBANK FRASTANZ SATTEINS characters 5 and 6 from left AT indicates that bank is in AUSTRIA. It means that all the banks located in AUSTRIA will have AT at 5th and 6th place from left in their Swift Codes / BIC Codes.
Characters 7-8 from left in the SWIFT Code / BIC Code, depicts City Code of the Bank. In the case of RAIFFEISENBANK FRASTANZ SATTEINS characters 7 and 8 from left 2B indicates that bank is in FRASTANZ. It means that all the branches of RAIFFEISENBANK FRASTANZ SATTEINS located in FRASTANZ will have 2B at 7th and 8th place from left in their Swift Codes / BIC Codes.
Characters 9-11 from left in the SWIFT Code / BIC Code, depicts Branch Code of the Bank.In the case of RAIFFEISENBANK FRASTANZ SATTEINS characters 9 - 11 from left 424 indicates branch code. It means that RAIFFEISENBANK FRASTANZ SATTEINS Branch code: 424 is used for branches located at :BAHNHOFSTRASSE 2. If XXX are in 9-11 place then it means that it is the Head Office of Bank / Financial institution.
Many Banks has taken only one SWIFT Code per country or have one SWIFT Code per city, for processing International Payments of all the Branches of the country / city through SWIFT enabled branch. So, if your Bank Branch is not depicting in the list, contact your Bank Branch for the SWIFT Code transactions.