SWIFT/BIC codes in Norway: banks starting with R

SWIFT/BIC codes in Norway

Here you will find codes for 306 institutions in Norway – 731 codes altogether. Every code identifies a bank or a specific branch or department and tells other banks where an international payment should go.

Choose the bank from the list to see its head office code and its other codes. Below the list you can read how a code from Norway is put together, how to send money to Norway without overpaying and how to check a code before you pay.

Transfer times to Norway

How quickly money reaches Norway depends on a few things: the currency, the number of banks in between, daily processing deadlines and time zones. Bank holidays in either country add a day or more.

When a payment takes longer than expected, the sender should contact the sending bank for a trace; only the sending side can start an official trace. Money transfer services often show a status online.

The structure of a Norway SWIFT/BIC code

Each SWIFT/BIC code consists of 8 or 11 characters in a fixed order. First comes a four-letter bank code, followed by two letters for the country and a two-character location code.

You can recognise a code from Norway by the fifth and sixth characters: they always show the ISO country code of Norway. If those two letters do not match Norway, the code belongs to a bank somewhere else – worth double-checking.

The optional last three characters identify a branch or department; XXX means the head office. Use a branch code just when the recipient explicitly gives you one.

Which bank in Norway has the most codes?

Storebrand Kapitalforvaltning tops our list of Norway banks when it comes to SWIFT/BIC codes. The head office uses STKTNOK1000.

How many codes a bank has tells you something about how it organises its payments than about how big it is. Unless a branch code is given, STKTNOK1000 is fine for transfers to this bank.

Sending NOK to Norway

The currency of Norway is the Norwegian Krone (NOK). Money sent in a different currency will be exchanged into NOK before it reaches the account, and whoever converts it chooses the rate.

Who does the conversion affects how much arrives, since every bank sets its own rate. Compare how much NOK the recipient gets with different providers; the difference between options can be larger than you expect. On larger amounts, even a small difference in the rate adds up quickly.

The cheapest way to send money to Norway

When you send money to Norway through your bank, the stated fee is only part of what you pay. You pay the transfer fee, sometimes charges from intermediary banks along the way and, above all, the margin on the exchange rate when currencies differ.

The markup on the rate is often the largest cost item, even though it is not listed as a fee. An easy check: put the rate you get against the mid-market rate and look at the difference.

For many currency pairs, a transfer service is cheaper than a bank. Before your next transfer to Norway, it is worth to compare the total cost via GoldexPay.

What a sender needs to pay you in Norway

A sender in another country will ask for several details from you. Share your name as registered with the bank, the IBAN or account number, your bank’s SWIFT code and your address.

The code of your bank appears in our list, yet the version on your own statement or in your banking app is leading. You can add the name and city of your bank as well because some forms have separate fields for it.

What lands in your account is often less than what was sent. Charges on incoming payments vary from bank to bank; check the price list of your bank. Make clear with the sender who pays which costs.

SEPA transfers to Norway

Because Norway is in SEPA, a euro transfer to an account in Norway normally only needs an IBAN. Most banking apps no longer ask for the BIC for these payments.

You still need a SWIFT code for non-euro payments or money from outside the SEPA area. Instant payments in euros have become increasingly available across SEPA – check whether your bank supports them. As long as the payment stays in euros, the transfer is usually inexpensive.

Banks in Norway beginning with the letter :letter

This list shows only the banks in Norway whose name starts with :letter, sorted alphabetically. The totals on this page apply to every bank we list.

Many institutions are listed under their legal name, which may start with words like Bank or Banco. Try the full list for Norway when you do not know how the name is spelled.

About our data and how to check a code

The most reliable place for the correct BIC is paperwork issued by the bank. A wrong code may lead to a delay, a payment being sent back or extra fees – compare it with the code in our list.

This list draws on publicly available sources. Even so, banks merge, rename themselves or change codes and our data may lag behind. Before any payment of any size, check the BIC with the recipient’s bank. We are a comparison site and not part of any bank listed here.

Scammers often use payment requests with changed bank details. Before paying, verify changed details through a separate channel, using a number you already had.