Raiffeisen Bank Albania SWIFT code is the official international identifier for Raiffeisen Bank Sh.A. in Albania. The 8-character version is SGSBALTX, while the full 11-character version is SGSBALTXXXX. Sometimes it is displayed as SGSBALTX XXX, but the correct form is always SGSBALTXXXX without spaces.
The registered head-office address for this SWIFT code is:
Raiffeisen Bank Sh.A., Rruga “Dëshmorët e 4 Shkurtit” 6, Tirana, Albania.
A SWIFT/BIC code is structured into four parts:
- SGSB → bank code (Raiffeisen Bank)
- AL → country code (Albania)
- TX → location code (Tirana)
- XXX → branch code (head office)
From this structure, SGSBALTX identifies Raiffeisen Bank Albania in Tirana. Adding XXX makes it the complete 11-character head-office SWIFT code: SGSBALTXXXX.
Quick reference (copy-ready):
- 8-character SWIFT/BIC: SGSBALTX
- 11-character SWIFT/BIC: SGSBALTXXXX
- Bank: Raiffeisen Bank Sh.A.
- Address: Rruga “Dëshmorët e 4 Shkurtit” 6, Tirana, Albania
- Usage: International transfers to or from Raiffeisen Bank Albania accounts
When to use it
Use the Raiffeisen Bank Albania SWIFT code whenever you are sending funds internationally to a Raiffeisen Albania account or receiving transfers from abroad.
Common mistakes to avoid
- Writing spaces in the SWIFT code (always use SGSBALTXXXX, not “SGSBALTX XXX”).
- Confusing Raiffeisen Bank Albania with Raiffeisen Bank International in Austria, which has a different SWIFT code.
- Using the 8-character version when your transfer form requires the 11-character format.
Step-by-step guide to making a transfer with Raiffeisen Bank Albania SWIFT code
- Confirm the recipient’s full account name and Raiffeisen Bank Albania account number.
- Enter the SWIFT code: SGSBALTX (8-character) or SGSBALTXXXX (11-character).
- Provide the official address: Rruga “Dëshmorët e 4 Shkurtit” 6, Tirana, Albania.
- Select the transfer currency (EUR, USD, GBP, etc.).
- Decide who covers the transfer charges (sender, recipient, or shared).
- Clearly state the purpose of payment (e.g., tuition fees, remittance, invoice).
- Double-check all details before submitting the transfer.
- Save your confirmation slip and provide the reference to the recipient.
Final checklist
✔ Recipient’s account details accurate
✔ Correct SWIFT code entered (SGSBALTX or SGSBALTXXXX)
✔ Bank address included if required
✔ Purpose of payment clearly stated
✔ Fees arrangement agreed
By using the Raiffeisen Bank Albania SWIFT code correctly, you ensure international transfers are processed securely, efficiently, and without delays.
