Sparebank 1 Sr-Bank ASA SWIFT/BIC code

Sparebank 1 Sr-Bank ASA SWIFT code: SPRONO22

Whether you are given SPRONO22 or SPRONO22XXX, you are looking at the same address for Sparebank 1 Sr-Bank ASA in Norway. The code has a single purpose: it ensures that an international payment reaches the right bank. In daily life you usually come across the code on invoices from abroad, in your banking app and in the bank details of Sparebank 1 Sr-Bank ASA customers.

On this page you will find what the code means, when you need it and which other details a transfer to or from Sparebank 1 Sr-Bank ASA requires. Remember that the BIC only identifies the bank, not the account: the IBAN or account number does that part.

SPRONO22 or SPRONO22XXX – which one to use?

The structure of a BIC never changes: four characters for the institution, two for the country and a two-character location code. That gives you SPRONO22.

XXX at the end of SPRONO22XXX does not stand for a missing value or a mistake: it stands for the main office of Sparebank 1 Sr-Bank ASA. Some banking apps ask for 11 characters, and then you simply add XXX behind SPRONO22.

As a rule the code is typed in capitals, without spaces or dashes. A single character can send a payment to a different institution.

Changed bank details? Be careful

Criminals often send fake invoices with new bank details, sometimes in an email that looks completely genuine. The fact that SPRONO22 exists is no guarantee that the account is legitimate; criminals use the codes of real banks too.

Verify new bank details via a different channel, not by replying to the message. Urgency and requests to keep it quiet are red flags; a genuine business can wait for you to check. When a payment has already gone to a fraudster, call your bank right away – speed improves the chance of getting it back.

Recipients can be targeted as well: a classic trick is an overpayment and then sends a request to refund the difference abroad. Do not act before the money is actually in your account – ask Sparebank 1 Sr-Bank ASA if something looks wrong.

Transfer times and tracking a payment to Sparebank 1 Sr-Bank ASA

There is no fixed answer for international payments: many arrive within a day. Weekends and public holidays in either country add a day or more to the journey. Compliance checks on larger or unusual payments can also cause some delay.

A growing number of banks use SWIFT gpi. Each payment gets a unique transaction reference, the UETR, which your bank can use to see where the money is. Specialist transfer services often show tracking in their app showing where the payment is.

The bank that sent the money can start an official trace – the recipient’s bank often cannot see a payment that has not arrived. As a recipient, you can check your statements for a slightly lower amount, since fees may have been deducted.

Incoming international payments to Sparebank 1 Sr-Bank ASA

To receive a transfer from abroad at Sparebank 1 Sr-Bank ASA, the sender has to have not just the SWIFT code. That means: your full name exactly as it appears on the account, your account number or IBAN, the BIC SPRONO22XXX and, often, your address.

Certain sending banks want the address of Sparebank 1 Sr-Bank ASA in Stavanger, so keep it at hand. A mistake in the IBAN can be harder to fix than you might think, so copy the details from your online banking.

The amount you receive can be lower than the amount sent. Correspondent banks can take a fee, and if the currency changes, a markup on the rate comes on top. Make clear with the sender who pays which costs before the money is sent.

What a transfer from Sparebank 1 Sr-Bank ASA abroad really costs

When you send money abroad through Sparebank 1 Sr-Bank ASA, the fee you see is only part of what you pay. There is the transfer fee, sometimes fees charged by intermediary banks along the way and, above all, the exchange rate markup when the money is converted.

Many banks rarely show their exchange rate markup separately, but you pay it all the same. A simple test: put the rate you get against the mid-market rate and look at the difference.

For a lot of routes, a specialist provider is cheaper than a bank, mainly because of the exchange rate. On GoldexPay you can compare the amount that arrives across services. Choosing a specialist does not mean closing your account at Sparebank 1 Sr-Bank ASA – you pay the provider from your own account.

Norwegian Krone (NOK) and conversion costs

Norway uses the Norwegian Krone, code NOK. When you pay money in a different currency, the amount gets converted at some point: by your bank, an intermediary or Sparebank 1 Sr-Bank ASA itself. You rarely see a separate charge for that conversion.

Who converts the money makes a difference, because each party uses its own rate. Transferring the amount already in NOK usually avoids an extra conversion at the receiving end, provided the rate you get is fair.

Exchange rates move during the day – some services let you fix a rate in advance. For recurring payments, a slightly better rate add up over time.

SEPA payments and the Sparebank 1 Sr-Bank ASA BIC

Norway is a member of the Single Euro Payments Area (SEPA), where euro transfers follow common rules. For a regular euro transfer from another SEPA country, you normally only need the IBAN.

You will still need SPRONO22XXX when sending non-euro payments or money from outside the SEPA area. If a payment form has a field for the BIC anyway, entering SPRONO22 is fine.

SEPA transfers normally land by the next business day, and instant transfers in seconds where both banks support them. As long as no currency is converted, a SEPA transfer tends to be cheap; it is the conversion that costs money.

Before you send: check the Sparebank 1 Sr-Bank ASA code

Have the recipient copy the bank details directly from a recent statement. Check that code against SPRONO22 here and ask if anything does not match.

With a wrong code, the payment may get stuck, be returned or cost extra – sometimes after weeks of searching. An error in the IBAN or account number is more serious, because the money may be credited to someone else, so check that just as carefully.

An automatic check in your banking app merely tells you that the code is valid. If your bank offers it, a name check on the recipient gives extra certainty. A small test payment can be a sensible step for a large first payment despite the extra fee.

Choosing between the 12 SWIFT codes of Sparebank 1 Sr-Bank ASA

Our directory lists 12 SWIFT/BIC codes for Sparebank 1 Sr-Bank ASA, spread over 12 locations. Besides the head office code SPRONO22XXX, there are codes for regional offices and specialised units.

For most incoming transfers, the head office code SPRONO22XXX is the right choice. Only use a branch code when the recipient gives you that exact code.

Unsure which code applies? Ask the recipient or the bank itself. Codes are sometimes changed or retired over time, so do not rely on old paperwork.

About this information

The codes here are taken from public sources which we refresh regularly. Institutions merge, change names and change codes. Figures such as the number of codes are from our own dataset and are not confirmed by Sparebank 1 Sr-Bank ASA.

See our directory here as a handy check and rely on the recipient or Sparebank 1 Sr-Bank ASA for the final confirmation. GoldexPay is independent of Sparebank 1 Sr-Bank ASA, we only compare transfer services. Found outdated information? Tell us via our contact form.