SWIFT/BIC code TIVEISR1XXX
TIVEISR1XXX belongs to Tindar Verdbref in Reykjavik, Iceland.
Code details
| SWIFT/BIC code | TIVEISR1XXX |
|---|---|
| 8-character code | TIVEISR1 |
| Branch code | XXX |
| Bank | Tindar Verdbref |
| Branch | Head office |
| City | Reykjavik |
| Country | Iceland |
The way the Tindar Verdbref SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- TIVE 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 bank uses SWIFT code TIVEISR1XXX?
TIVEISR1XXX is the SWIFT/BIC code of the head office of Tindar Verdbref in Reykjavik, Iceland. It is the code to use when a payment to Tindar Verdbref does not need a specific branch.
What happens if I enter TIVEISR1XXX with a typo?
The payment may be delayed, returned or charged extra fees. Double-check TIVEISR1XXX against the details from Tindar Verdbref before sending.
Does Tindar Verdbref have only one SWIFT/BIC code?
Yes, TIVEISR1XXX is the single SWIFT/BIC code we have for Tindar Verdbref in Iceland, so you do not need to pick a branch code.
Do I need TIVEISR1XXX 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 TIVEISR1XXX.
How long does a transfer to Tindar Verdbref take in Iceland?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Transfers in other currencies can take 2–4 business days.
Is TIVEISR1 and TIVEISR1XXX the same code?
Yes, they are. TIVEISR1 is the short version of TIVEISR1XXX. XXX simply refers to the head office, so both will reach Tindar Verdbref in Reykjavik.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.