SWIFT/BIC codes in Finland: banks starting with V

SWIFT/BIC codes in Finland

Here you will find the SWIFT/BIC codes of 569 institutions in Finland. You need a SWIFT/BIC code mostly when making payments across borders and for payments in a foreign currency.

Search for the recipient’s bank in the list and click through to see all codes we have. Further down we explain how codes from Finland are built, how to send money there without overpaying and what to check before you pay.

The Euro (EUR) and conversion costs

Finland uses the Euro. When you pay money in a different currency, the amount gets converted at some point.

Who converts the money matters. Often you pay less if you send EUR straight away through a provider that converts near the mid-market rate. Rates for EUR change during the day, so a quote is usually valid only briefly.

Bank or transfer service for Finland?

The price of a payment to Finland has several parts – not only the fee you see. There is the transfer fee, sometimes fees from correspondent banks and, most importantly, the exchange rate markup.

The real cost is often in the rate, not in the fee: banks convert at a rate with a margin built in. A simple test: put the offered rate next to the mid-market rate and look at the difference.

For many currency pairs, a specialist provider turns out to be cheaper than a bank, mainly because of the rate. GoldexPay compares transfer services side by side so you can see what actually arrives in Finland before you commit.

Receiving money in Finland from abroad

To receive a transfer from abroad in Finland, the sender needs more than the BIC. Give them your name as registered with the bank, your account number or IBAN, your bank’s SWIFT code and your address.

Your bank’s code appears in the list on this page but always compare it with your own bank details. It helps to include your bank’s name and city as well, since some payment forms ask for it.

The amount you receive can be less than what was sent. Correspondent banks can take a fee, your bank may charge for incoming payments, and if the money is converted, an exchange rate margin comes on top. Agree with the sender who pays which costs before the money is sent.

Recognising a SWIFT code from Finland

Every SWIFT/BIC code consists of 8 or 11 characters. It starts with four letters for the bank, followed by two letters for the country and a two-character location code.

You can spot a bank code from Finland by the fifth and sixth characters. A code with a different country code come from a bank abroad, even if the bank name looks familiar.

The last three characters, if present, identify a branch or department; XXX is used for the head office. In most cases the head office code is what you need, unless the recipient gives you a branch code.

Tracking a payment to Finland

There is no single answer for transfers to Finland: some arrive the same day or the next while others need several business days. Bank holidays in Finland or in the sending country add extra days, because banks do not process payments on those days.

When a payment takes longer than expected, the sender should contact the sending bank for a trace – the receiving bank often cannot see a payment that has not arrived. Specialist transfer services usually show a status online, which makes it easier to see where the money is.

Suomen Pankki - Finlands Bank and its SWIFT codes

Of all banks we list for Finland, Suomen Pankki - Finlands Bank is listed with the largest number of codes. Its head office code is SPFBFIHHXXX.

Many codes often reflects that the bank registers branches and departments separately, not necessarily that the bank is the biggest in the country. If not the recipient asks for a branch, SPFBFIHHXXX is fine for transfers to this bank.

Filter: banks in Finland with :letter

Here you see a selection: just banks in Finland with a name starting with :letter. The totals mentioned above always cover the whole country and not only this selection.

Many institutions are listed under their official name. The complete list is one click away if the letter filter does not help.

About our data and how to check a code

The most reliable place for the correct BIC remains paperwork issued by the bank. A wrong code can cause delays, a payment being sent back or additional charges, so compare it with the list on this page.

We collect bank codes from public sources and check them regularly. Banks merge, close branches and change codes. Treat our data as a reference rather than the last word. We are an independent comparison service, not a bank.

Fraudsters often use fake invoices carrying changed bank details from what looks like a familiar address. Always verify changed details by phone.

SEPA transfers to Finland

Since Finland is part of the SEPA zone, a euro payment to an account in Finland usually only needs an IBAN. Many banks do not require the BIC in that case.

You still need the BIC for payments in other currencies or money from outside the SEPA area. Instant euro transfers are increasingly available within SEPA, though not every bank offers them for every account. Costs stay low provided everything stays in euros; the conversion is where it gets expensive.