SWIFT/BIC code FRAANOK1XXX
FRAANOK1XXX belongs to First Asset Management in Oslo, Norway.
Code details
| SWIFT/BIC code | FRAANOK1XXX |
|---|---|
| 8-character code | FRAANOK1 |
| Branch code | XXX |
| Bank | First Asset Management |
| Branch | Head office |
| City | Oslo |
| Country | Norway |
The way the First Asset Management SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- FRAA Bank code
- 4 letters that identify the bank.
- NO Country code
- 2 letters for the country (ISO 3166).
- K1 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
What bank is behind SWIFT/BIC code FRAANOK1XXX?
FRAANOK1XXX identifies the head office of First Asset Management in Oslo, Norway. Use it when you send money to an account at First Asset Management.
What does each part of FRAANOK1XXX stand for?
FRAA is the bank code of First Asset Management, NO is the ISO code of Norway, K1 is the location code and XXX marks the head office.
What is the cheapest way to send money to First Asset Management in Norway?
Banks often add several percent to the exchange rate on top of a fee. Compare the amount that arrives in Norwegian Krone with transfer services before you send – the difference can be large.
How long does a transfer to First Asset Management take?
SEPA payments in euros normally arrive the next business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
Do I need FRAANOK1XXX to send euros to Norway?
Norway belongs to the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you do need FRAANOK1XXX.
Are FRAANOK1 and FRAANOK1XXX the same code?
Yes, they are. FRAANOK1 is the 8-character version of FRAANOK1XXX. XXX simply refers to the head office, so either version will reach First Asset Management in Oslo.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.