SWIFT/BIC codes in Finland: banks starting with U

Finding a SWIFT code in Finland

This directory covers 569 banks and other institutions in Finland, with 602 SWIFT/BIC codes in total. Every code identifies an institution or one of its branches, so a payment from abroad reaches the right place.

Select a bank below to see its head office code and any branch codes along with tips for payments to and from that bank. Further down we explain how a code from Finland is put together, how to send money there without overpaying and how to check a code before you pay.

Which bank in Finland has the most codes?

Of all banks we list for Finland, Suomen Pankki - Finlands Bank has the largest number of SWIFT codes. The head office of Suomen Pankki - Finlands Bank uses SPFBFIHHXXX; that is usually the right code for a transfer.

The number of codes tells you something about how it organises its payments than about its size. Unless a branch code is given, SPFBFIHHXXX is fine for transfers to this bank.

When does money sent to Finland arrive?

An international transfer to Finland usually takes one to a few business days – it depends on currency, route and the banks in between. Bank holidays in either country add extra days.

If the money is delayed, the sender should contact the sending bank and ask for the status or the UETR. Specialist transfer services usually show tracking online so you can follow the payment.

The cheapest way to send money to Finland

A bank transfer to Finland can cost rather more than the fee suggests. Besides the fee, correspondent banks may take a cut, and when the money is converted the bank often applies a less favourable rate than the actual market rate.

That exchange rate margin is often the biggest part of the cost, even though it is not listed as a fee. Check the bank’s rate against the mid-market rate.

Specialised transfer providers often offer rates closer to the mid-market rate. GoldexPay compares transfer services next to each other so you can see the amount that reaches the recipient for the same amount sent.

Euro payments to Finland: is a BIC needed?

Since Finland is in SEPA, a euro payment to an account in Finland usually only needs the IBAN. Most banking apps do not require the BIC in that case.

You still need the BIC when sending non-euro payments or money from outside the SEPA area. Euro payments within SEPA usually arrive by the next business day or faster with instant payments. Costs stay low provided no currency is converted; the conversion is where it gets expensive.

Check the code before you pay

The most reliable place for the correct BIC is a document from the bank itself, such as a statement or the account page in online banking. A wrong code may lead to a delay, a payment being sent back or extra fees – compare it with the code in our list.

Our SWIFT/BIC directory is compiled from publicly available sources that we update periodically. Institutions reorganise, close branches and change codes – a directory can be a step behind. Use this list as a starting point, not as the final word: the bank details from the recipient come first. We are an independent comparison site and not part of any bank listed here.

Scammers regularly use payment requests with new bank details from what looks like a familiar address. A real SWIFT code tells you nothing about who owns the account: criminals use real codes too.

Receiving money in Finland from abroad

To receive a transfer from abroad into a Finland account, the sender needs more than the BIC. Give them the account holder’s name, your account number or IBAN, the BIC of your bank and your address, which some banks require.

Look up the bank in the list above – your bank statement is the final word. It helps to add your bank’s name and city as well because some forms have separate fields for it.

Do not be surprised if the amount credited is below what the sender paid. Correspondent banks can take a fee and your own bank may charge for processing, and if the money is converted, a markup on the rate comes on top. On invoices, state how the fees are split.

Banks in Finland beginning with the letter :letter

This filter narrows the list down to banks in Finland starting with :letter. The totals mentioned above still cover the whole country, not just this letter.

If the bank you need is missing here, check another letter – the registered name can differ from the name people use. The full overview for Finland is one click away if you cannot find the bank here.

Paying in EUR: what conversion costs you

The currency of Finland is the Euro (EUR). When you pay money in a different currency, the amount has to be converted at some point.

Which bank converts the money matters, because each party uses its own rate. Compare how much EUR the recipient gets via several services. Exchange rates move during the day, so a quote is usually valid only briefly.

How SWIFT codes from Finland are built

Every SWIFT/BIC code has eight or eleven characters in a fixed order. The first four letters identify the bank, the fifth and sixth characters form the country code and the next two give the location.

No matter which bank, all Finland codes have the same fifth and sixth letters: the ISO code of the country. A code with other letters in that position belong to another country, even if the bank name looks familiar.

The last three characters, if present, stand for a specific branch; XXX is used for the head office. Choose a branch code just if the recipient explicitly gives you one – otherwise stick with the head office.