SWIFT/BIC code MRASNO21XXX
MRASNO21XXX belongs to Markedskraft ASA in Arendal, Norway.
Code details
| SWIFT/BIC code | MRASNO21XXX |
|---|---|
| 8-character code | MRASNO21 |
| Branch code | XXX |
| Bank | Markedskraft ASA |
| Branch | Head office |
| City | Arendal |
| Country | Norway |
How the Markedskraft ASA SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- MRAS Bank code
- 4 letters that identify the bank.
- NO 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 institution is behind SWIFT/BIC code MRASNO21XXX?
MRASNO21XXX identifies the head office of Markedskraft ASA in Arendal, Norway. It is the code to use when you send money to an account at Markedskraft ASA.
Is MRASNO21 and MRASNO21XXX the same code?
Yes, they are. MRASNO21 is the 8-character version of MRASNO21XXX. The XXX at the end only means head office, so either version routes your payment to Markedskraft ASA in Arendal.
How long does it take to send money to Markedskraft ASA?
SEPA payments in euros usually arrive within one business day. Transfers in other currencies can take 1–3 business days.
Do I need MRASNO21XXX to send euros to Norway?
Norway belongs to the SEPA area. For euro transfers the IBAN is usually enough. For other currencies you still need MRASNO21XXX.
What do the letters in MRASNO21XXX mean?
MRAS is the institution code of Markedskraft ASA, NO stands for Norway, 21 is the code for the city or region and XXX marks the head office.
What happens if I enter MRASNO21XXX incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check MRASNO21XXX against the details from Markedskraft ASA before sending.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.