SWIFT/BIC codes in Finland: banks starting with Q

Finland: banks and their SWIFT/BIC codes

This directory lists 569 banks and other institutions in Finland and 602 SWIFT/BIC codes between them. You will need a SWIFT/BIC code mainly for international transfers, and especially for payments in foreign currencies.

Select a bank from the list to see the head office code and any branch codes along with tips for payments to and from that bank. Below the list you can read how a code from Finland is put together, how to send money there at a fair price and what to check before you pay.

Recognising a SWIFT code from Finland

A BIC is 8 or 11 characters long. It starts with a four-letter bank code, followed by two letters for the country and two characters for the location.

You can recognise a bank code from Finland by the fifth and sixth characters – those always form the country code of Finland. When the country letters point to another country, the code belongs to a bank in another country, so check again.

The long version ends in a branch code. In most cases the head office code is fine, unless the recipient gives you a branch code.

Sending money to Finland for less

When you transfer money to Finland via a regular bank, the stated fee is only part of the cost. On top of the fee, intermediary banks may take a cut, and when the money is converted the bank often uses a less favourable rate than the actual market rate.

The real cost is often in the rate, rather than in the fee – the bank builds a margin into its rate. A simple test: set the offered rate against the mid-market rate and look at the difference.

For a lot of currency pairs, a transfer service is less expensive than a bank. On GoldexPay we compare what recipients in Finland receive with different providers.

Check the code before you pay

Have the recipient send you their bank details straight from a recent statement. An incorrect BIC may lead to delays, a payment being sent back or additional charges, so compare it with the list on this page.

This list draws on public sources. Still, banks merge, rename themselves or change codes, so information can be out of date. For a payment that matters, confirm the code with the recipient’s bank. We are a comparison site for money transfers, not a bank.

Be wary of payment requests containing changed bank details. Before paying, verify changed details by phone on a number you know.

SWIFT codes in Finland: banks under :letter

Here you see a selection: just institutions in Finland whose name begins with :letter. The totals mentioned above still cover all banks in Finland and not only this selection.

If a bank is missing under :letter, check the full list – the registered name can differ from the name people use. The complete list is available when you cannot find the bank here.

The largest SWIFT network in Finland: Suomen Pankki - Finlands Bank

Suomen Pankki - Finlands Bank tops our list for Finland in SWIFT/BIC codes. The head office of Suomen Pankki - Finlands Bank uses SPFBFIHHXXX and that code covers most payments.

Practice differs in how many codes they register, so the count is not a ranking of size. If not the recipient asks for a branch, SPFBFIHHXXX is fine for transfers to this bank.

Incoming international payments in Finland

If you expect money from abroad in Finland, send the payer all details at once. Share your name as registered with the bank, your account number or IBAN, your bank’s SWIFT code and your address.

Look up the bank in the list above – your bank statement is the final word. Certain banks also ask for your bank’s address, so keep it at hand.

What lands in your account is often less than the amount sent. Correspondent banks can take a fee, your bank may charge for incoming payments, and if the money is converted, a markup on the rate applies. On invoices, state who bears the costs to avoid a shortfall.

Finland and the SEPA area

Finland is part of the SEPA area, where euro transfers follow common rules. When you send euros from another SEPA country, the IBAN is usually enough.

A SWIFT code still come into play when the currency is not euros. Euro payments within SEPA normally land by the next business day or faster with instant payments. Provided no conversion is involved, a SEPA transfer is usually cheap.

How long does a transfer to Finland take?

There is no fixed delivery time for payments to Finland: some land within a day. Transfers sent after the cut-off time or just before a weekend or public holiday usually go out the next business day.

If the money is delayed, ask the sender to contact the sending bank for a trace – the receiving bank often cannot see a payment that has not arrived. Save the payment confirmation.

The Euro (EUR) and conversion costs

Most accounts in Finland are usually held in EUR, the local currency. Money sent in a different currency is converted into EUR on its way to the recipient, and whoever converts it chooses the rate.

Who does the conversion affects how much arrives, as rates and margins differ per bank. Compare how much EUR the recipient gets with several services. Exchange rates move all the time.