Flsmidth and Co A/S SWIFT/BIC code

FLSMDK21 – the SWIFT/BIC code of Flsmidth and Co A/S

The short code FLSMDK21 and the 11-character code FLSMDK21XXX identify the same bank: Flsmidth and Co A/S. A BIC has a single purpose: it ensures that a cross-border transfer reaches the right bank. In practice you mostly see it on invoices from abroad, in payment forms and on the account details of Flsmidth and Co A/S customers.

We wrote this page to help people who receives money at an account at Flsmidth and Co A/S. Keep in mind that the BIC only identifies the bank, not the person: the IBAN or account number takes care of that.

Sending money abroad from Flsmidth and Co A/S

When you transfer money to another country from Flsmidth and Co A/S, the fee you see is rarely all of what you pay. There is the transfer fee, sometimes fees charged by intermediary banks along the way and, above all, the exchange rate markup if the currency changes.

The real cost is often in the rate, not in the fee: the bank converts using an exchange rate with a margin built in. Compare the rate you are offered with the mid-market rate, the midpoint between buy and sell rates you see on financial sites.

For many routes, a transfer service is cheaper than a traditional bank transfer. Next time you send money, it is worth comparing what arrives via GoldexPay rather than accepting the bank’s rate by default. You can still use your account at Flsmidth and Co A/S as the source of the money.

Do you need FLSMDK21 for a SEPA transfer?

Denmark belongs to the SEPA area, where euro transfers follow common rules. When you send euros within SEPA, you normally only need the IBAN; many banks no longer ask for the BIC.

You will still need FLSMDK21XXX for non-euro payments or transfers from countries outside SEPA. Some banks and apps also ask for the BIC; if so, enter FLSMDK21.

SEPA transfers normally land by the next business day, and instant transfers in seconds where both banks support them. Fees for SEPA transfers tend to be low, as long as no currency conversion is involved.

Watch out for payment fraud

Be alert when someone unexpectedly asks you to pay into another account or a bank in another country. That FLSMDK21 is a real code is no guarantee that the account is genuine.

Verify changed payment details via a separate channel, not by replying to the message. Watch out for time pressure, unusual wording or an email address that differs by one letter. When a payment was sent to a fraudster, contact your bank immediately – speed improves the chance of getting it back.

Recipients are targeted too: one known trick is an overpayment followed by a request to refund the difference to another account. Wait until the money has really arrived.

Tracking a transfer to or from Flsmidth and Co A/S

How quickly a payment reaches Flsmidth and Co A/S is determined by a few things: the currency, the number of banks in between, daily processing deadlines and time zones. Payments made late in the day or on weekends and holidays usually start a business day later. Extra checks by one of the banks may also cause some delay, even when all details are correct.

If a transfer seems late, ask your bank for the tracking status or the UETR. Money transfer services usually provide tracking online showing how far the payment has got.

Only the sending bank is able to request a trace; the receiving side usually has nothing to trace yet. Ask the sender for a copy of the payment confirmation – it helps your own bank look for the money.

About this information

The directory on GoldexPay draws on public sources. It can happen that a code here is no longer current after a merger or reorganisation. The number of codes on this page are based on what is in our directory.

Treat the information on this page as a helpful check. GoldexPay is a comparison service for money transfers and not affiliated with Flsmidth and Co A/S. If you notice something that is out of date, we appreciate a message.

Before you send: check the Flsmidth and Co A/S code

The most reliable place for the correct BIC is paperwork issued by the bank like a bank statement or the account page in online banking. When the code you were given differs from FLSMDK21 or FLSMDK21XXX, stop and ask – contact the recipient or Flsmidth and Co A/S.

A wrong SWIFT code may lead to delays, a payment being sent back or additional charges along the way. An error in the account number can be more serious; check it just as carefully.

An automatic check in your banking app only tells you that the IBAN exists. Some banks now check the payee name against the account – do not ignore a mismatch warning. When you pay someone new, many people send a small amount first and wait for confirmation.

Sending DKK to Flsmidth and Co A/S

Denmark uses the Danish Krone (DKK). If you send another currency gets converted somewhere along the way – by your bank, by Flsmidth and Co A/S or by a bank in between. Each conversion costs something, even when no fee is shown.

Who converts the money matters, because each party uses its own rate. Transferring the money already in DKK usually avoids an extra conversion at the receiving end – as long as your own rate is good.

Rates for DKK move all the time, and some providers let you lock in a rate. With bigger transfers, even seemingly small difference in the rate adds up quickly.

What the XXX in FLSMDK21XXX means

Every SWIFT/BIC code has the same eight core characters: a four-letter bank code, two letters for the country and a two-character location code. In this case, the 8-character core is FLSMDK21.

Many payment forms work with both lengths. If a form requires eleven characters, enter FLSMDK21XXX; if it wants eight, use FLSMDK21.

Leave out spaces or dashes when you enter FLSMDK21 or FLSMDK21XXX. Look out for O versus 0 or the letter I and the digit 1.

Receiving money from abroad at Flsmidth and Co A/S

When you expect a payment from another country, give the sender everything they need in one go. What they need is: your name, IBAN or account number, FLSMDK21XXX and, for some countries, your postal address.

The sender’s bank might request the address of your bank. Check every detail before you share them.

Expect that the amount credited is below what the sender paid. Correspondent banks can take a fee and your own bank may charge for processing, and if the currency changes, an exchange rate margin comes on top. On invoices, it is common to agree who bears the costs, so that nobody is left short.

Flsmidth and Co A/S: head office code versus branch codes

Flsmidth and Co A/S uses 2 separate SWIFT/BIC codes. One of them is the head office code; the rest belong to branches or departments, and sometimes internal departments.

If nobody asks you for a branch code, use FLSMDK21XXX. Only use a branch code when the recipient explicitly asks for it, for example on a letter or invoice.

Not sure which code to use? Ask the recipient, or look at a recent statement from Flsmidth and Co A/S. Codes for branches are more likely to change than FLSMDK21XXX.