When making international bank transfers, selecting the correct SWIFT/BIC code is critical. For those dealing with SPAREBANK 1 SØR-NORGE ASA, a leading Norwegian bank, the SWIFT code SPRONO22FOR ensures seamless cross-border transactions. This article breaks down the components of the code and explains its role in secure global fund transfers.
What Is the SWIFT Code for SPAREBANK 1 SØR-NORGE ASA?
SPAREBANK 1 SØR-NORGE ASA, headquartered in Forus, Stavanger (4068, Norway), uses the SWIFT code SPRONO22FOR . This identifier guarantees that international payments reach the intended recipient without delays or errors. Verifying additional banking details alongside the SWIFT code further minimizes transaction risks.
Decoding SPRONO22FOR: Structure and Meaning
SWIFT codes consist of 8–11 characters, each segment revealing specific information about the bank and its branch:
- SPRO : The bank’s unique identifier (SPAREBANK 1 SØR-NORGE ASA).
- NO : Country code for Norway.
- 22 : Location code designating the bank’s headquarters.
- FOR : Branch code for the Forus office, ensuring precise routing.
Why Accurate SWIFT Codes Matter
In today’s globalized financial landscape, transparency and precision are paramount. Correctly using SWIFT/BIC codes like SPRONO22FOR enhances transaction speed and security, safeguarding funds during international transfers. Whether for personal or business purposes, understanding these details streamlines cross-border banking operations.
By mastering such fundamentals, individuals and corporations can optimize their international financial transactions, ensuring efficiency and reliability in every transfer.