SWIFT/BIC codes in Finland: banks starting with N

Finland: banks and their SWIFT/BIC codes

For Finland we have 602 SWIFT/BIC codes, spread over 569 banks. A BIC shows every bank in the chain which institution should receive the money.

Each bank is listed with its own page with its main code and if there are any, branch codes. The sections below explain how the codes work, the cost of transfers and how to avoid mistakes.

Finland and the Euro

The national currency of Finland is the Euro (EUR). Money sent in a different currency is converted into EUR.

Who converts the payment matters. Compare how much EUR the recipient gets with different providers; the difference between options can be larger than you expect. Exchange rates move during the day.

Filter: banks in Finland with :letter

This filter limits the list to banks from Finland that begin with :letter, so you can find a bank faster. The counts in the introduction still refer to the whole country.

Some banks appear under their official name rather than the name on their app or website, so the letter can differ from what you expect. The full overview for Finland remains one click away if you cannot find the bank here.

What a sender needs to pay you in Finland

Someone abroad who wants to pay you needs a few details from you, and missing ones are a common cause of delays. Share the account holder’s name, the IBAN or account number, your bank’s SWIFT code and your address.

Look up the bank in the list above to check its code – your bank statement is the final word. Certain banks may also want the name and address of your bank, so keep it at hand.

Expect that the amount credited is below 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. On invoices, state who bears the costs to avoid a shortfall.

About our data and how to check a code

Ask the recipient to send you their bank details directly from their banking app. An incorrect BIC can cause a delay, a payment being sent back or additional charges.

We gather bank codes from publicly available data and check them from time to time. Even so, banks merge, rename themselves or change codes. Use our data as a starting point rather than the last word; the recipient’s bank details are leading. We are a comparison site for money transfers, not a bank.

Fraudsters regularly use payment requests with changed bank details. Always confirm a change of bank details through a separate channel on a number you know.

Recognising a SWIFT code from Finland

A SWIFT code is either 8 or 11 characters long and follows a fixed pattern. It starts with a four-letter bank code, then two letters for the country and two characters for the location.

For banks in Finland, letters five and six are the ISO country code of Finland. Codes with a different country code belong to another country, even if the bank name looks familiar.

The optional last three characters identify a branch or department; XXX means the head office. Choose a branch code only if the recipient explicitly gives you one; otherwise the head office code is the safe choice.

Suomen Pankki - Finlands Bank and its SWIFT codes

Among the 569 institutions we list, Suomen Pankki - Finlands Bank has the largest number of SWIFT/BIC codes of all banks in Finland. Its head office code is SPFBFIHHXXX.

The number of codes says something about how it registers branches and services than about its size. If not the recipient asks for a branch, the head office code SPFBFIHHXXX works for a payment to Suomen Pankki - Finlands Bank.

Finland and the SEPA area

Within the SEPA zone, euro transfers to Finland use the same rules, so the IBAN does the job in most cases. The BIC field is usually optional for those payments.

You still need a SWIFT code for non-euro payments or money from outside the SEPA area. Euro payments within SEPA usually arrive within one business day or faster with instant payments. Fees are generally low provided everything stays in euros.

Sending money to Finland for less

A bank transfer to Finland often costs rather more than the fee suggests. Besides a fixed fee, intermediary banks can take a cut and, if currencies are converted, the bank often uses a rate below the actual market rate.

The markup on the rate tends to be the biggest part of the cost. Compare the rate you are offered against the mid-market rate; the gap is what conversion costs you.

For a lot of currency pairs, a specialist provider is cheaper than a bank, mainly because of the rate. GoldexPay lists transfer services next to each other so you can see the amount that reaches the recipient before you commit.

How long does a transfer to Finland take?

There is no single delivery time for payments to Finland: many land within a day while others need several business days. Transfers sent late in the day or on a weekend or public holiday usually go out a business day later.

Many banks are connected to SWIFT gpi. Every payment carries a unique reference, the UETR, which the sending bank can use to trace it. Specialist transfer services often provide a status in their app, which makes it easier to see where the money is.