SWIFT/BIC codes in Norway: banks starting with K

SWIFT/BIC codes in Norway

In Norway we have 731 SWIFT/BIC codes, spread over 306 institutions. Each code points to an institution or one of its branches, so a payment from abroad reaches the right place.

Pick a bank below to see the head office code and any branch codes, plus practical notes for sending and receiving money. The rest of this page covers how the codes work, what transfers cost and how to avoid mistakes before a payment.

Sending money to Norway for less

When you send money to Norway through a regular bank, the fee you see is rarely all of what you pay. You pay the transfer fee, possibly fees from correspondent banks along the way and, most importantly, the margin on the exchange rate when currencies differ.

Most of the cost usually sits in the exchange rate – the bank builds a margin into its rate. Check the rate you are offered with the mid-market rate, the midpoint you see on financial news sites. The difference is your real cost.

For a lot of routes, a specialist provider is cheaper than a traditional bank transfer. GoldexPay compares transfer services next to each other so you can see what actually arrives in Norway before you commit.

When does money sent to Norway arrive?

A SWIFT payment to Norway typically takes anywhere from one to several business days – it depends on currency, route and the banks in between. Bank holidays in either country can add extra days.

Many banks are connected to SWIFT gpi for faster and traceable payments. Each gpi transfer carries a unique reference, the UETR. Save the payment confirmation until the recipient confirms.

Which bank in Norway has the most codes?

Of the 306 banks we list for Norway, Storebrand Kapitalforvaltning has the largest number of codes. The head office of Storebrand Kapitalforvaltning uses STKTNOK1000; that is usually the right code for a transfer.

How many codes a bank has says more about how it registers branches and services than about its size. If not a branch code is given, STKTNOK1000 is fine for transfers to this bank.

Euro payments to Norway: is a BIC needed?

Norway is a member of the SEPA area, where euro transfers follow common rules. For a regular euro transfer within SEPA, the IBAN is usually enough; many banks no longer ask for the BIC.

You still need a SWIFT code when sending payments in other currencies or transfers from countries outside SEPA. Instant euro transfers are widely available across SEPA – check whether your bank supports them. Fees are generally low as long as no currency is converted – conversion is what costs money.

Incoming international payments in Norway

For a transfer from abroad into a Norway account, the person paying you needs not just the SWIFT code. Give them your name as registered with the bank, 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. Certain banks may also want your bank’s address, so keep it at hand.

Do not be surprised if the amount credited is below the amount on the sender’s receipt. 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 applies. Make clear with the sender who covers the fees.

What the letters in a Norway BIC mean

Each SWIFT/BIC code consists of eight or eleven characters in a fixed order. First comes a four-letter bank code, followed by two letters for the country and two characters for the location.

Whatever the bank, all Norway codes share the same fifth and sixth letters, namely the ISO code of Norway. Codes with other letters in that position come from a bank abroad.

The long version adds a branch code, where XXX means the head office. For most transfers the head office code is what you need, unless the recipient gives you a branch code.

Verifying a SWIFT code from Norway

Ask the recipient to send you the account details straight from a recent statement. When the code you were given differs from the code listed here, do not guess.

This list draws on publicly available sources that we update periodically. Institutions merge, close branches and retire codes. Before any payment of any size, check the BIC with the recipient’s bank. GoldexPay is not a bank.

Scammers regularly send payment requests with new bank details that look completely genuine. Before paying, verify a change of bank details by phone on a number you know.

Filter: banks in Norway with :letter

You are looking at a filtered list: only banks in Norway with a name starting with :letter. The totals mentioned above always cover the whole country.

Bank not listed? Its official name might begin with another word – think of the full legal name instead of the brand. The complete list is one click away if the letter filter does not help.

Norway and the Norwegian Krone

The currency of Norway is the Norwegian Krone (NOK). Money sent in a different currency is converted into NOK on its way to the recipient.

Who does the conversion affects the final amount. In many cases you pay less if you send NOK straight away via a provider with a good rate so the receiving bank does not need to convert again. On larger amounts, a seemingly small gap in the rate adds up quickly.