In international wire transfers, the accurate use of SWIFT/BIC codes is paramount. For those sending funds to Nordea Bank ABP , Finland's largest financial institution, understanding these identifiers ensures seamless transactions.
Nordea Bank ABP's complete SWIFT/BIC code is NDEAFIHHIPL , where the first eight characters (NDEAFIHH) represent the bank's primary identifier, and the final three (IPL) designate a specific branch. The bank's headquarters at Satamaradankatu 5, Helsinki, FI-00020 serves as the central hub for these transactions.
The SWIFT system, established by the International Organization for Standardization, provides a secure communication framework for global financial institutions. These 8-11 character codes uniquely identify banks and their branches, facilitating precise routing of international payments.
As a leading Nordic financial group, Nordea Bank ABP offers comprehensive services including retail banking, corporate solutions, investment management, and financial advisory. The bank's prominence in European finance makes proper SWIFT code usage particularly crucial for cross-border transactions.
Financial experts emphasize that verifying SWIFT codes before initiating transfers significantly reduces risks of payment delays or misrouted funds. In today's globalized economy, such attention to detail ensures efficient movement of capital while maintaining security standards.
When preparing international transfers to Nordea Bank ABP, confirming the correct SWIFT code (NDEAFIHHIPL) remains the sender's responsibility—a simple verification step that safeguards against transactional errors.