O. W. Bunker and Trading A/S SWIFT/BIC code

O. W. Bunker and Trading A/S SWIFT code: BUTDDK21

The 8-character code BUTDDK21 and the 11-character code BUTDDK21XXX refer to one and the same institution: O. W. Bunker and Trading A/S, with its head office in Noerresundby. Banks worldwide use these codes to route international transfers to the right institution. In daily life you usually come across it on invoices from abroad, in payment forms and on the account details of O. W. Bunker and Trading A/S customers.

On this page you can read what the code means, when it matters and which other details a transfer to or from O. W. Bunker and Trading A/S requires. A SWIFT code identifies an institution, not a single account.

Sending money abroad from O. W. Bunker and Trading A/S

The price of an international transfer has several parts – not just the fee on your screen. You pay the transfer fee, possibly charges from correspondent banks in between and, above all, the margin on the exchange rate when the money is converted.

Banks rarely list their exchange rate markup separately, but you pay it all the same. Check the rate you are offered with the mid-market rate, the midpoint between buy and sell rates you see on financial sites.

Specialist money transfer services frequently offer a rate near the mid-market rate with clearer fees. GoldexPay compares transfer providers next to each other, showing the amount the recipient gets. You can always use your account at O. W. Bunker and Trading A/S as the source of the money.

Transfer times and tracking a payment to O. W. Bunker and Trading A/S

How quickly a transfer reaches O. W. Bunker and Trading A/S is determined by several factors: the currency, the number of banks in between, cut-off times and differences in time zone. Weekends and public holidays in either country add extra days. Occasionally a bank wants to know what the payment is for.

If a transfer is delayed, ask the sending bank about the status or the UETR. Keep your transfer receipt until the recipient confirms.

The bank that sent the money is able to start an official trace. Ask the sender for a copy of the payment confirmation with the date and reference.

Changed bank details? Be careful

A common scam goes like this: an email arrives with a message saying that a contact has new bank details and asking you to pay there from now on. A correct SWIFT code says nothing about whether the request is genuine – scammers simply use real codes.

Verify changed payment details via a separate channel like a call to a number from an earlier contract, never via the email that asked for the change. Pressure or requests to keep it quiet are warning signs – a real supplier can wait a day. When money was sent to the wrong account, contact your bank immediately: the sooner they act, the better the chance of a recall.

People receiving money are targeted too: one known trick is a buyer who pays too much and then sends a request to send back the difference to another account. Wait until the money has really arrived and check with O. W. Bunker and Trading A/S if anything seems off.

What the XXX in BUTDDK21XXX means

Every SWIFT/BIC code has the same eight core characters: a four-letter bank code, a two-letter country code and two characters for the location. For O. W. Bunker and Trading A/S, the 8-character core is BUTDDK21.

XXX at the end of BUTDDK21XXX does not stand for a placeholder or a mistake: it stands for the main office of O. W. Bunker and Trading A/S. Some forms ask for 11 characters, in which case you can enter XXX after BUTDDK21.

In practice the code is typed in capitals and without spaces. Pasting the code beats typing it by hand: a typo can point to another bank.

Getting paid from abroad into a O. W. Bunker and Trading A/S account

When you are waiting for a payment from another country, give the sender everything they need in one go. Share your name as the bank knows it, the IBAN or account number, SWIFT code BUTDDK21XXX and your address.

Certain sending banks want the address of O. W. Bunker and Trading A/S in Noerresundby. A mistake in the IBAN is more trouble than you might think, so copy the details from your online banking.

What lands in your account is often less than what was sent. Correspondent banks can take a fee, and if the currency changes, a markup on the rate applies. Agree with the sender who covers the fees, especially for larger amounts.

O. W. Bunker and Trading A/S: head office code versus branch codes

With 2 codes, O. W. Bunker and Trading A/S belongs to the banks that use individual codes for parts of the organisation and departments. The head office code is BUTDDK21XXX.

Unless the recipient tells you otherwise, go with BUTDDK21XXX. Branch codes are only needed if the account holder specifically mentions it, which is more common for business accounts and trade services.

The safest route is to copy the code straight from the account holder’s invoice. Codes for branches are more likely to change than BUTDDK21XXX when a bank merges or closes offices.

Euro transfers to O. W. Bunker and Trading A/S: is a BIC needed?

Because Denmark is in the SEPA zone, a euro payment to O. W. Bunker and Trading A/S from within the SEPA area normally requires just the IBAN. Many banks do not require the BIC for these payments or fill it in for you.

You still need BUTDDK21XXX when sending payments in other currencies or transfers from countries outside SEPA. A few banks and apps also show a field for the BIC; in that case, fill in BUTDDK21 or BUTDDK21XXX.

Instant payments in euros are widely supported within SEPA; check with O. W. Bunker and Trading A/S whether it applies to your account. Charges on SEPA payments are generally low, as long as no currency conversion is involved.

Where our SWIFT data comes from

The directory on GoldexPay draws on publicly available sources and we update it periodically. Still, banks merge, rename themselves or change codes, so information can be out of date. The figures on this page reflect our own data, not official figures from O. W. Bunker and Trading A/S.

Use our data as a starting point, rather than as the last word – the bank details from the recipient are leading. GoldexPay is independent of O. W. Bunker and Trading A/S; we are a comparison site for money transfers. Spotted outdated information? Tell us through the contact page and we will look into it.

Sending DKK to O. W. Bunker and Trading A/S

Denmark pays in the Danish Krone, with the currency code DKK. A payment in a foreign currency will be exchanged into DKK before it reaches the account. You rarely see a separate line for the conversion.

Which bank converts the payment matters: every bank has its own margin. Often you pay less to send DKK straight away via a provider that converts near the mid-market rate rather than letting the receiving bank convert.

The DKK rate changes constantly and quotes are often valid only for a short time. With bigger transfers, a seemingly small difference in the rate adds up quickly.

Is BUTDDK21 still correct? How to check

The best place to find the correct BIC is paperwork issued by the bank like a bank statement or the account page in online banking. Compare it with BUTDDK21 on this page; if they differ, ask before you pay.

A wrong SWIFT code can cause delays, a returned payment or additional charges for investigation. A mistake in the IBAN or account number can be a bigger problem because it can reach the wrong person, so check that just as carefully.

Many banking apps check the structure of IBANs. More and more banks check the name against the account before you confirm – do not ignore a mismatch warning. When you pay someone new, some people send a small amount first before sending the rest.