When conducting international wire transfers, ensuring the accuracy of the SWIFT/BIC code is crucial. For SPAREBANK 1 SOR-NORGE ASA , the correct SWIFT code is SPRONO22FLE . Any foreign exchange transaction or fund transfer must use this code precisely to avoid errors.
Imagine preparing to send funds to SPAREBANK 1 SOR-NORGE ASA in Norway, only to encounter delays or failures due to an incorrect SWIFT code. Such scenarios are not uncommon. Understanding how to use SWIFT codes effectively can enhance transfer efficiency and prevent unnecessary complications.
The details for SPAREBANK 1 SOR-NORGE ASA are as follows:
- SWIFT/BIC Code : SPRONO22FLE
- Bank Name : SPAREBANK 1 SOR-NORGE ASA
- City : FLEKKEFJORD
- Country : NORWAY
A SWIFT/BIC code consists of 8 to 11 characters, each serving to identify a specific bank and its branch. In cross-border transactions, using the correct code is essential to ensure funds reach the intended account without errors.
For example, when transferring $10,000.00 to France, the recipient may receive approximately €8,409.00 , depending on the exchange rate and potential bank fees. Accurately estimating and confirming the exchange rate helps achieve the desired outcome.
Whether you are an individual or a business, always verify the latest SWIFT code and bank details before initiating a transfer to minimize risks and errors. Checking the bank’s official website or contacting the institution directly can confirm the validity of the code. Using the correct SWIFT/BIC code, such as SPRONO22FLE , ensures efficient delivery of funds to SPAREBANK 1 SOR-NORGE ASA in Norway.
Additionally, processing times and fees may vary across financial institutions. Selecting the most suitable payment method can help avoid unnecessary delays.
From now on, ensure every transfer is based on the correct SWIFT code to reduce complications and risks.