SWIFT/BIC codes in Finland: banks starting with M

Bank SWIFT codes for Finland

Our directory contains 569 banks and other institutions in Finland and 602 SWIFT/BIC codes between them. Each code identifies an institution or a specific branch or department, so a payment from abroad reaches the right place.

Search for the recipient’s bank in the list and open its page to see the full list of codes and the details a transfer needs. Further down you can read how codes from Finland are built, how to send money there at a fair price and what to check before you pay.

Check the code before you pay

The best place to find the correct BIC remains paperwork issued by the bank, such as a statement or the account page in online banking. An incorrect BIC may lead to delays, a returned payment or extra fees.

The directory on GoldexPay is based on public sources and is updated regularly. Banks merge, close branches and retire codes. For a payment of any size, confirm the code with the recipient. GoldexPay is an independent comparison site and is not affiliated with the banks listed.

Be wary of payment requests with a new account – a common fraud method. A real SWIFT code tells you nothing about who owns the account: criminals use real codes too.

Filter: banks in Finland with :letter

This list shows only the banks in Finland whose name starts with :letter in alphabetical order. The totals mentioned above still refer to the whole country.

Many institutions are listed under their legal name, which may start with words like Bank or Banco. Use the full list for Finland when you are not sure how the name is spelled.

Incoming international payments in Finland

Someone abroad who wants to pay you will ask for several details from you – incomplete details often cause delays. Share your name as registered with the bank, your account number or IBAN, the BIC of your bank and your address.

Look up your bank in the list on this page. It helps to include your bank’s name and city as well, since some payment forms ask for it.

Expect that the incoming amount is below what the sender paid. Fees for incoming transfers vary per bank; check the price list of your bank. For business payments, state how the fees are split, so nobody is left short.

The cheapest way to send money to Finland

An international bank payment to Finland can cost rather more than you think. There is a transfer fee, sometimes fees from correspondent banks and, most importantly, the exchange rate markup.

That exchange rate margin tends to be the largest cost item because it is hidden in the rate. Check the rate you are offered against the mid-market rate. The difference is your real cost.

Money transfer services frequently use a rate near the mid-market rate. GoldexPay lists transfer services next to each other so you can see the amount that reaches the recipient before you commit.

Which bank in Finland has the most codes?

In our directory, Suomen Pankki - Finlands Bank holds the most SWIFT/BIC codes in Finland. Its head office code is SPFBFIHHXXX, which is the code to use when no branch is specified.

Many codes often means that the bank registers branches and departments separately – it says nothing about the size of the bank as such. Paying someone at Suomen Pankki - Finlands Bank? Go with SPFBFIHHXXX unless a specific branch code is requested.

Paying in euros to Finland

Because Finland is in the SEPA zone, a euro transfer to an account in Finland normally requires just an IBAN. Most banking apps do not require the BIC for these payments.

The BIC still matter for payments in other currencies and for transfers from outside SEPA. Euro payments within SEPA normally land by the next business day. Costs stay low provided everything stays in euros; the conversion is where it gets expensive.

How long does a transfer to Finland take?

A SWIFT payment to Finland usually takes one to a few business days, depending on the currency, the route and the banks involved. Public holidays in either country can add extra days to the journey.

If a transfer is delayed, ask the sender to contact the sending bank and ask for the status or the UETR – the receiving bank often cannot see a payment that has not arrived. Save the payment confirmation until the recipient confirms – you will need it if something goes wrong.

What the letters in a Finland BIC mean

Bank identifier codes use one international format: eight characters. It starts with four letters for the bank, then two letters for the country and two characters for the location.

No matter which bank, every code from Finland share the same fifth and sixth letters, namely the ISO code of Finland. If those two letters do not match Finland, the code belongs to a bank somewhere else, so check again.

An 11-character code ends in a branch code. In most cases the head office code is fine.

Finland and the Euro

The currency of Finland is the Euro (EUR). Money sent in a different currency is converted into EUR on its way to the recipient – and the bank that does it picks the rate.

Where the conversion happens affects the final amount. Check what EUR arrives via several providers; the difference between options can be larger than you expect. With bigger transfers, even a small gap in the rate adds up quickly.