SWIFT/BIC codes in Finland: banks starting with W

Finland: banks and their SWIFT/BIC codes

Here you will find codes for 569 banks in Finland – 602 codes altogether. Every code points to a bank or a specific branch or department, so a payment from abroad reaches the right place.

Search for the recipient’s bank in the list and open its page for the full list of codes and what else a transfer requires. The sections below explain how the codes work, what transfers cost and the checks worth doing before you send money.

Verifying a SWIFT code from Finland

The most reliable source for a SWIFT code is the recipient’s own bank details – an invoice, a statement or a screenshot from online banking. An incorrect BIC may lead to delays, a returned payment or additional charges.

We gather SWIFT/BIC codes from publicly available data and check them from time to time. Still, banks merge or change codes. For a payment that matters, check the code with the recipient. GoldexPay is a comparison site for money transfers.

Scammers often send payment requests carrying new bank details. A valid BIC tells you nothing about whether a request is genuine.

Filter: banks in Finland with :letter

You are looking at a selection: just banks in Finland with a name starting with :letter. The totals on this page cover every bank we list.

Bank not listed? The registered name may begin with another word, for example the full legal name rather than a brand name. The complete list is one click away when you cannot find the bank here.

Euro payments to Finland: is a BIC needed?

Because Finland is part of the SEPA zone, a euro payment to an account in Finland usually only needs an IBAN. Many banks no longer ask for the BIC for these payments.

You still need the BIC when sending payments in other currencies or transfers from countries outside SEPA. Instant euro transfers have become widely supported across 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.

How SWIFT codes from Finland are built

A SWIFT code is either 8 or 11 characters long and follows a fixed pattern. It starts with a four-letter bank code, followed by a two-letter country code and a two-character location code.

Whatever the bank, every code from Finland have the same country code in positions five and six. If the country letters do not match Finland, the code belongs to a bank in another country – worth double-checking.

When a code ends in XXX, it means the main office. Choose a branch code just when the recipient’s bank asks for it – otherwise stick with the head office.

What a transfer to Finland really costs

An international bank payment to Finland often costs more than you think. On top of the fee, intermediary banks can take a cut, and when the money is converted the bank often uses a less favourable rate than the real market rate.

Most of the cost usually sits in the exchange rate, rather than in the fee – the bank builds a margin into its rate. Check the rate you are offered against the mid-market rate. The difference is your real cost.

Specialised transfer providers frequently offer rates closer to the mid-market rate. Before your next transfer to Finland, it is worth comparing what arrives via GoldexPay instead of going straight to your bank.

Sending EUR to Finland

Finland uses the Euro, with the currency code EUR. Money sent in a different currency will be exchanged into EUR on its way to the recipient – and the bank that does it picks the rate.

Where the conversion happens affects the final amount, as rates and margins differ per bank. Check how much EUR the recipient gets via several services before choosing one. Exchange rates move during the day, so a quote is usually valid only briefly.

When does money sent to Finland arrive?

How quickly a payment reaches Finland is determined by several factors: the currency, how many intermediary banks are involved, daily processing deadlines and differences in time zone. Public holidays in either country add a day or more.

Many banks use SWIFT gpi for faster and traceable payments. Each gpi transfer carries a unique reference, the UETR that banks can use to see where the money is. Money transfer services usually show tracking online.

Most SWIFT codes in Finland: Suomen Pankki - Finlands Bank

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

A large number of codes usually means that the bank registers branches and departments separately, not necessarily that the bank is the biggest in the country. Paying someone at Suomen Pankki - Finlands Bank? Go with SPFBFIHHXXX unless the recipient gives you a branch code.

What a sender needs to pay you in Finland

If you are waiting for a payment from another country on an account in Finland, send the payer all details at once. In practice that means: your full name as your bank knows it, your account number or IBAN, the SWIFT/BIC code of your bank and usually your postal address.

Find the bank in the list on this page – your bank statement is the final word. You can include the name and city of your bank as well, since some payment forms ask for it.

Do not be surprised if the incoming amount 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, an exchange rate margin applies. Agree with the sender who covers the fees before the money is sent.