SWIFT/BIC codes in Finland: banks starting with E

Bank SWIFT codes for Finland

This overview lists 569 banks and financial institutions in Finland. Each code identifies a bank or a specific branch or department and tells other banks where an international payment should go.

Each bank is listed with its own page with its main code and if there are any, codes for branches and departments. Further down you can read how a code from Finland is put together, how to send money to Finland without overpaying and how to check a code before you pay.

Most SWIFT codes in Finland: Suomen Pankki - Finlands Bank

In our directory, Suomen Pankki - Finlands Bank holds the largest number of SWIFT/BIC codes of all banks in Finland. Its main office uses SPFBFIHHXXX.

Banks differ in how many codes they register. Unless a branch code is given, the head office code SPFBFIHHXXX works for transfers to this bank.

Sending money to Finland for less

If you send money to Finland via a regular bank, the fee you see is rarely all of what you pay. There is the transfer fee, sometimes fees from correspondent banks along the way and, above all, the margin on the exchange rate when currencies differ.

Most of the cost usually sits in the exchange rate: banks convert at a rate with a margin built in. An easy check: set the rate you get next to the mid-market rate and work out the difference on your amount.

For many currency pairs, a transfer service turns out to be less expensive than a traditional bank transfer. GoldexPay compares transfer services next to each other so you can see the amount that reaches the recipient for the same amount sent.

How reliable is this list?

The best place to find the right code is a document from the bank itself, such as a statement or the account page in online banking. When the code you were given does not match our list, stop and ask.

We gather SWIFT/BIC codes using publicly available data and check them regularly. Banks merge, change names and retire codes. Before a payment of any size, check the BIC with the recipient’s bank. GoldexPay is an independent comparison site.

Be wary of invoices with changed bank details – a common fraud method. A real SWIFT code says nothing about whether a request is genuine.

Filter: banks in Finland with :letter

Here you see a filtered list: just banks in Finland with a name starting with :letter. The totals mentioned above always refer to the whole country and not only this selection.

Bank not listed? Its official name may start with a different letter. Use the full list for Finland when you are not sure the exact name.

Getting paid from abroad into an account in Finland

When you are waiting for money from abroad in Finland, send the payer all details at once. In practice that means: your full name exactly as it appears on the account, your account number or IBAN, the SWIFT/BIC code of your bank and sometimes your postal address.

Find the bank in the list on this page – your bank statement is the final word. You can include your bank’s name and city as well, since some payment forms ask for it.

Do not be surprised if the amount credited is smaller than the amount on the sender’s receipt. Intermediary banks may deduct a fee and your own bank may charge for processing, and when currencies differ, a markup on the rate comes on top. Agree with the sender who covers the fees.

When does money sent to Finland arrive?

A SWIFT payment to Finland typically needs one to a few business days – it depends on currency, route and the banks in between. Payments made after the cut-off time or just before a weekend or public holiday often start a business day later.

If the money seems delayed, the sender should contact their own bank. Save your transfer receipt – you will need it if something goes wrong.

Finland and the SEPA area

Within the SEPA zone, euro payments to Finland use common rules. The BIC field is often optional for those payments.

You still need a SWIFT code for non-euro payments or transfers from countries outside SEPA. Instant euro transfers are increasingly available across SEPA, though not every bank offers them for every account. As long as no conversion is involved, the transfer tends to be inexpensive.

Finland and the Euro

Most accounts in Finland are usually held in EUR, the local currency. If you send another currency, it has to be converted somewhere along the way – by your bank, a bank in between or the recipient’s bank.

Who converts the payment makes a difference. In many cases it is cheaper to send EUR directly via a transfer service with a good rate rather than letting the receiving bank convert. Rates for EUR move all the time.

Recognising a SWIFT code from Finland

Bank identifier codes use the same format worldwide: 8 characters, sometimes followed by three more. First comes four letters for the bank, then a two-letter country code and two characters for the location.

No matter which bank, every code from Finland have the same country code in positions five and six: the ISO code of the country. Codes with a different country code belong to a bank abroad.

If the last three are XXX, it means the main office. Use a branch code only if the recipient’s bank asks for it – otherwise stick with the head office.