Evli Bank PLC SWIFT/BIC code

What EVSEFIHH means for a payment to Evli Bank PLC

Whether a recipient gives you EVSEFIHH or EVSEFIHHXXX, it is the identical address for Evli Bank PLC in Finland. Banks worldwide use BIC codes to route international transfers to the correct institution. It comes up mainly when dealing with transfers between countries.

We wrote this page to help anyone who pays into an account at Evli Bank PLC without mistakes. Keep in mind that the SWIFT code just identifies the bank, not the person: the IBAN or account number does that part.

Choosing between the 2 SWIFT codes of Evli Bank PLC

Evli Bank PLC has 2 separate SWIFT/BIC codes. Only one is the head office code; the others belong to branches or departments.

For most payments to a private or business account, the head office code EVSEFIHHXXX works fine. If you have been given a branch code, use it as it is instead of replacing it with the head office code.

When in doubt, check with the recipient which code their bank gave them. Branch codes are more likely to change than EVSEFIHHXXX.

Sending EUR to Evli Bank PLC

Most accounts at Evli Bank PLC are usually held in EUR, the local currency. If you send another currency gets converted somewhere along the way: by your bank, an intermediary or Evli Bank PLC itself. Every conversion costs the amount – usually through the rate rather than a fee.

Where the conversion happens has an effect on the final amount, as rates and margins differ per bank. Compare how much EUR the recipient gets via different services.

Exchange rates change all the time – some services let you fix a rate in advance. With bigger transfers, a seemingly small gap in the rate can be worth more than the fee.

Changed bank details? Be careful

A common scam goes like this: an email arrives with a message claiming that a supplier now has new bank details and that the next payment should go there. A real SWIFT code says nothing about whether the request is genuine – scammers simply use real codes.

Before paying, verify changed bank details by phone. Urgency or secrecy are warning signs; a genuine business can wait for you to check. When a payment was sent to a fraudster, contact your bank immediately: the sooner they act, the better the chance of a recall.

Fraud can also target the receiver. Someone claims to have sent more than agreed and asks you to return the extra. Do not act before the money has really arrived.

Transfer times and tracking a payment to Evli Bank PLC

There is no fixed delivery time: some land within a day. Payments made after the cut-off time or on weekends and holidays often go out the next business day. Sometimes a bank asks what the payment is for.

A growing number of banks use SWIFT gpi, which lets them follow a payment from bank to bank. Every gpi transfer gets a unique reference, the UETR that banks can use to trace it. Keep your transfer receipt until the money has arrived; it contains the details a bank needs to start a trace.

Only the sending bank can request a trace or a recall – the recipient’s bank often cannot see a payment that has not arrived. Ask the sender for a copy of the payment confirmation with the date and reference – it helps your own bank look for the money.

Sending money abroad from Evli Bank PLC

A bank transfer abroad can cost more than the fee suggests. There is the fee for the transfer itself, possibly fees charged by intermediary banks in between and, above all, the exchange rate markup when the money is converted.

The real cost is often in the rate: the bank converts using an exchange rate with a margin built in. An easy check: put the rate you get against the mid-market rate for the same moment and work out the difference on your amount.

Specialist money transfer services often offer a rate near the mid-market rate. GoldexPay lists transfer providers next to each other, showing what actually arrives. Choosing a specialist does not require closing your account at Evli Bank PLC – you pay the provider from your own account.

Why Evli Bank PLC has an 8- and an 11-character code

Every SWIFT/BIC code starts with an 8-character core: a four-letter bank code, a two-letter country code and a two-character location code. In this case, the 8-character core is EVSEFIHH.

XXX at the end of EVSEFIHHXXX is not a placeholder or an error: it indicates the main office of Evli Bank PLC. Some forms ask for 11 characters, in which case you can add XXX after EVSEFIHH.

Type the code as one block, in upper case and without separators, exactly as shown here. Look out for the letter O and the digit 0 or I versus 1, a common source of typos.

Where our SWIFT data comes from

The details on this page come from publicly available data which we refresh regularly. Banks merge, close branches and retire codes. Figures such as the number of codes come from our directory and may differ from what Evli Bank PLC publishes.

Treat our data as a reference, rather than as the final word – the bank details from the recipient are leading. GoldexPay is an independent comparison site for money transfers and not part of Evli Bank PLC. Spotted an error? Tell us via our contact form and we will look into it.

How to check EVSEFIHH before you pay

The safest source for a SWIFT code is the recipient’s own bank details. When the code you were given differs from EVSEFIHH or EVSEFIHHXXX, do not guess: check with the recipient or with Evli Bank PLC directly.

Errors in the BIC tend to be annoying more than fatal. A mistake in the IBAN or account number can be a bigger problem, because the money may be credited to someone else, so check that just as carefully.

Most online banking apps validate the format of IBANs and some suggest the matching BIC. More and more banks check the payee name against the account – do not ignore a mismatch warning. Sending a small amount first can be worth it for a large first payment, even if it costs an extra fee.

Receiving money from abroad at Evli Bank PLC

A sender in another country will ask for several details from you – incomplete details often cause delays. That means: your full name as registered with Evli Bank PLC, your account number or IBAN, the SWIFT/BIC code EVSEFIHHXXX (or EVSEFIHH) and sometimes your postal address.

It helps to add Evli Bank PLC and Helsinki too, since some forms ask for it. A mistake in your account number is harder to fix than it looks; copy them from your banking app rather than typing.

Do not be surprised if the amount credited is smaller than the amount on the sender’s receipt. Charges on incoming payments vary from bank to bank. Make clear with the sender who covers the fees before the money is sent.

Euro transfers to Evli Bank PLC: is a BIC needed?

Within the SEPA zone, euro payments to Evli Bank PLC follow the same rules. A field for the BIC is often optional in that case.

The BIC still come into play for payments in other currencies. A few banks and apps still show a field for the BIC; in that case, enter EVSEFIHH or EVSEFIHHXXX.

Euro payments within SEPA normally land by the next business day, and instant transfers in seconds where both banks support them. As long as the payment stays in euros, the transfer tends to be inexpensive.