SWIFT/BIC code BYSEISR1XXX
BYSEISR1XXX belongs to Byr Securities in Reykjavik, Iceland.
Code details
| SWIFT/BIC code | BYSEISR1XXX |
|---|---|
| 8-character code | BYSEISR1 |
| Branch code | XXX |
| Bank | Byr Securities |
| Branch | Head office |
| City | Reykjavik |
| Country | Iceland |
How the Byr Securities SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- BYSE Bank code
- 4 letters that identify the bank.
- IS Country code
- 2 letters for the country (ISO 3166).
- R1 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 BYSEISR1XXX?
The code BYSEISR1XXX belongs to the main office of Byr Securities in Reykjavik, Iceland. Use it when a payment to Byr Securities does not need a specific branch.
Does Byr Securities use a single SWIFT/BIC code?
Yes – BYSEISR1XXX is the only SWIFT/BIC code listed for Byr Securities in Iceland, so you do not need to pick a branch code.
Are BYSEISR1 and BYSEISR1XXX the same SWIFT code?
Yes. BYSEISR1 is the short version of BYSEISR1XXX. The XXX at the end only means head office, so either version will reach Byr Securities in Reykjavik.
Do I need BYSEISR1XXX to send euros to Iceland?
Iceland belongs to the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you do need BYSEISR1XXX.
How long does a transfer to Byr Securities take in Iceland?
SEPA payments in euros normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
What happens if I enter BYSEISR1XXX incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check BYSEISR1XXX with the recipient before you confirm.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.