SWIFT/BIC codes in Finland: banks starting with O

Bank SWIFT codes for Finland

Our directory lists 569 banks and financial institutions in Finland and 602 SWIFT/BIC codes between them. Each code points to a bank or a specific branch or department and tells other banks where an international payment should go.

Every bank has its own page with its main code and, where available, codes for branches and departments. Further down we explain how codes from Finland are built, how to send money to Finland at a fair price and what to check before you pay.

Suomen Pankki - Finlands Bank and its SWIFT codes

In our data, Suomen Pankki - Finlands Bank has the most SWIFT/BIC codes of all banks in Finland. The head office of Suomen Pankki - Finlands Bank uses SPFBFIHHXXX; that is usually the right code for a transfer.

Many codes often reflects separate codes for branches, departments or services – it says nothing about the size of the bank as such. Making a payment to Suomen Pankki - Finlands Bank? Use SPFBFIHHXXX unless a specific branch code is requested.

Finland and the SEPA area

Inside SEPA, euro transfers to Finland use common rules and in most cases need only the IBAN. The BIC field is often optional for those payments.

You still need the BIC when sending payments in other currencies or money from outside the SEPA area. Euro payments within SEPA normally land within one business day. Costs stay low as long as no currency is converted; the conversion is where it gets expensive.

Sending money to Finland for less

The price of a transfer to Finland is made up of more than one component. You pay the transfer fee, sometimes fees from correspondent banks and, above all, the margin on the exchange rate if the money is converted.

The markup on the rate tends to be the biggest part of the cost. Check the rate you are offered against the mid-market rate that you find on financial sites. The difference is your real cost.

For a lot of currency pairs, a transfer service is less expensive than a traditional bank transfer – mostly thanks to the exchange rate. GoldexPay compares what recipients in Finland receive across providers, so you can pick the cheapest route.

Transfer times to Finland

A SWIFT payment to Finland usually takes anywhere from one to several business days. Public holidays in either country can add extra days.

If a transfer is late, ask the sender to contact the sending bank for a trace. Save the payment confirmation until the money has arrived – you will need it if something goes wrong.

Verifying a SWIFT code from Finland

The most reliable place for the correct BIC is paperwork issued by the bank, such as a statement or the account page in online banking. A wrong code can cause delays, a returned payment or additional charges.

The directory on GoldexPay is compiled from publicly available sources. Still, banks merge, rename themselves or retire codes, so information can be out of date. Treat our data as a reference: the bank details from the recipient come first. GoldexPay is not a bank.

Fraudsters often use payment requests with new bank details that look completely genuine. Before paying, verify changed details through a separate channel on a number you know.

Banks in Finland beginning with the letter :letter

The letter filter narrows the list down to banks in Finland starting with :letter, so you can find a bank faster. The totals on this page cover all 569 banks.

Some banks are listed 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 available when the letter filter does not help.

How SWIFT codes from Finland are built

Every SWIFT/BIC code has 8 or 11 characters. It starts with a four-letter bank code, then a two-letter country code and a two-character location code.

No matter which bank, every code from Finland have the same country code in positions five and six: the ISO code of the country. A code with other letters in that position belong to another country – a quick way to catch mistakes.

When a code ends in XXX, it refers to the main office. Choose a branch code only if the recipient explicitly gives you one.

Incoming international payments in Finland

Someone abroad who wants to pay you will ask for a few details about your account. That means: your full name exactly as it appears on the account, your account number or IBAN, the BIC of your bank and, often, your address.

The code of your bank appears in our list but always compare it with your own bank details. You can add the name and city of your bank as well because some forms have separate fields for it.

Do not be surprised if the incoming amount is below the amount on the sender’s receipt. Intermediary banks may deduct a fee, your bank may charge for incoming payments, and when currencies differ, a markup on the rate applies. For business payments, state how the fees are split to avoid a shortfall.

Sending EUR to Finland

Bank accounts in Finland are typically held in EUR. If you send money in a different currency, the amount has to be converted somewhere along the way: by your bank, an intermediary or the receiving bank.

Who does the conversion has an effect on how much arrives, since every bank sets its own rate. Often it is cheaper if you send EUR straight away via a transfer service with a good rate so the receiving bank does not need to convert again. Rates for EUR move during the day.