SWIFT/BIC code BORGISREXXX
BORGISREXXX belongs to Borgun Hf in Reykjavik, Iceland.
Code details
| SWIFT/BIC code | BORGISREXXX |
|---|---|
| 8-character code | BORGISRE |
| Branch code | XXX |
| Bank | Borgun Hf |
| Branch | Head office |
| City | Reykjavik |
| Country | Iceland |
The way the Borgun Hf SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- BORG Bank code
- 4 letters that identify the bank.
- IS Country code
- 2 letters for the country (ISO 3166).
- RE Location code
- 2 characters for the city or region of the head office.
- XXX Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
Which institution uses BIC BORGISREXXX?
The code BORGISREXXX belongs to the head office of Borgun Hf in Reykjavik, Iceland. It is the code to use when a payment to Borgun Hf does not need a specific branch.
What is the cheapest way to send money to Borgun Hf in Iceland?
Banks often add several percent to the exchange rate on top of a fee. Check the amount that arrives in Iceland with specialist providers before you send – the difference can be large.
What happens if I enter BORGISREXXX incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check BORGISREXXX with the recipient before sending.
Does Borgun Hf have a single SWIFT/BIC code?
Yes, BORGISREXXX is the single SWIFT/BIC code we have for Borgun Hf in Iceland, so you do not need to pick a branch code.
What does each part of BORGISREXXX mean?
BORG is the bank code of Borgun Hf, IS stands for Iceland, RE is the location code and XXX means the main office.
Is BORGISRE and BORGISREXXX the same code?
Yes, they are. BORGISRE is the 8-character version of BORGISREXXX. The XXX at the end only refers to the head office, so both will reach Borgun Hf in Reykjavik.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.