The SWIFT/BIC code RVSAAT2S016 is associated with RAIFFEISENBANK FAISTENAU – HINTERSEE in FAISTENAU, Austria. It helps identify the financial institution when processing certain international payments and wire transfers.
The final three characters, 016, identify a specific branch. Confirm that this branch matches the recipient account before sending money.
A SWIFT/BIC code identifies the bank, but it does not replace the recipient name, account number, IBAN where applicable, or any additional information requested by the sending bank.