SWIFT/BIC codes in Norway: banks starting with O

Finding a SWIFT code in Norway

Here you will find codes for 306 banks in Norway – 731 codes altogether. You need a SWIFT/BIC code mainly when making payments across borders, and especially for payments in foreign currencies.

Choose a bank from the list to view its head office code and its other codes. The sections below covers the structure of the codes, the cost of transfers and the checks worth doing.

Most SWIFT codes in Norway: Storebrand Kapitalforvaltning

Of the 306 banks we list for Norway, Storebrand Kapitalforvaltning has the most SWIFT codes. Its main office uses STKTNOK1000.

Practice differs in whether they register branch codes. Paying someone at Storebrand Kapitalforvaltning? Use STKTNOK1000 unless the recipient gives you a branch code.

Verifying a SWIFT code from Norway

The safest source for a SWIFT code is the bank details provided by the recipient: an invoice, a statement or their online banking. A wrong code may lead to a delay, a returned payment or extra fees – compare it with the code in our list.

The directory on GoldexPay is compiled from publicly available sources and is updated regularly. Institutions merge, close branches and change codes, and no directory catches every change immediately. Treat this list as a starting point rather than the last word: the bank details from the recipient come first. GoldexPay is an independent comparison service and not part of any bank listed here.

Watch out for invoices containing a new account. A real SWIFT code says nothing about who owns the account: criminals use real codes too.

What the letters in a Norway BIC mean

Bank identifier codes follow the same format worldwide: 8 characters plus an optional three-character extension. Characters one to four identify the bank, the fifth and sixth characters are the country code and the next two give the location.

For banks in Norway, characters five and six show the two-letter ISO code of Norway, which makes these codes easy to recognise. When the country letters do not match Norway, the code belongs to a bank somewhere else – worth double-checking.

An 11-character code adds three characters for a branch. Use a branch code only if the recipient explicitly gives you one.

SWIFT codes in Norway: banks under :letter

Here you see a selection: only institutions in Norway whose name begins with :letter. The figures for Norway on this page apply to all 306 banks and not only this letter.

If a bank is missing under :letter, check the full list: banks are often registered under their full legal name. Use the full list for Norway if you are not sure the exact name.

What a transfer to Norway really costs

When you send money to Norway through a regular bank, the stated fee is only part of what you pay. You pay a transfer fee, sometimes charges from intermediary banks along the way and, most importantly, the margin on the exchange rate.

That exchange rate margin is often the largest part of the cost. Compare the rate you are offered with the mid-market rate that you find on financial sites. The difference is your real cost.

For a lot of routes, a transfer service turns out to be less expensive than a bank. Before you send money to Norway, take a minute comparing the total cost on GoldexPay.

What a sender needs to pay you in Norway

If you are waiting for money from abroad in Norway, give the sender all details at once. Give them the account holder’s name, the IBAN or account number, your bank’s SWIFT code and your address, which some banks require.

Your bank’s code is in our list, yet the version on your own statement or in your banking app is leading. It helps to include your bank’s name and city, since some payment forms ask for it.

Expect that the amount credited is below the amount on the sender’s receipt. Charges on incoming payments vary from bank to bank; check the price list of your bank. For business payments, agree who bears the costs to avoid a shortfall.

Paying in euros to Norway

Within the SEPA zone, euro payments to Norway use common rules. The BIC field is often optional in that case.

You will still need the BIC for non-euro payments or transfers from countries outside SEPA. Instant payments in euros are widely supported within SEPA – check whether your bank supports them. Costs stay low provided no currency is converted.

Tracking a payment to Norway

An international transfer to Norway typically takes one to a few business days, depending on the currency, the route and the banks involved. Public holidays in either country add extra days.

When a payment takes longer than expected, the sender should contact their own bank – the receiving bank often cannot see a payment that has not arrived. Save the payment confirmation until the money has arrived – you will need it if something goes wrong.

The Norwegian Krone (NOK) and conversion costs

Norway pays in the Norwegian Krone (NOK). If you send another currency, it gets converted at some point.

Who converts the payment makes a difference. Often it is cheaper to send NOK directly via a transfer service that converts near the mid-market rate. Exchange rates change all the time.