SWIFT/BIC code FOSSFO21XXX
FOSSFO21XXX belongs to Fossbankin in Torshavn, Faroe Islands.
Code details
| SWIFT/BIC code | FOSSFO21XXX |
|---|---|
| 8-character code | FOSSFO21 |
| Branch code | XXX |
| Bank | Fossbankin |
| Branch | Head office |
| City | Torshavn |
| Country | Faroe Islands |
How the Fossbankin SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- FOSS Bank code
- 4 letters that identify the bank.
- FO Country code
- 2 letters for the country (ISO 3166).
- 21 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 bank is behind SWIFT code FOSSFO21XXX?
The code FOSSFO21XXX belongs to the head office of Fossbankin in Torshavn, Faroe Islands. It is the code to use when a payment to Fossbankin does not need a specific branch.
How long does it take to send money to Fossbankin?
An international SWIFT transfer typically takes 1–5 business days, depending on intermediary banks and cut-off times. Specialist transfer services are often quicker than a bank.
What do I need to send money to an account at Fossbankin?
Have ready the SWIFT/BIC code FOSSFO21XXX, the account number or IBAN of the recipientand the name of the account holder. Faroe Islands is not part of SEPA, so the BIC is required.
What does each part of FOSSFO21XXX mean?
FOSS is the institution code of Fossbankin, FO is the ISO code of Faroe Islands, 21 is the code for the city or region and XXX marks the head office.
What happens if I use FOSSFO21XXX incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check FOSSFO21XXX with the recipient before sending.
What is the cheapest way to send money to Fossbankin?
Many banks add 1–3% to the exchange rate on top of a fee. Check the amount that arrives in Danish Krone with specialist providers before you send.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.