In today's globalized financial landscape, international money transfers have become a routine necessity for both individuals and businesses. Yet many face challenges ensuring their funds reach the intended bank account accurately. One critical element in this process is using the correct SWIFT/BIC code.
This article examines DABAFIHHST2, the unique SWIFT code for DANSKE BANK A/S, FINLAND BRANCH in Helsinki, and explains its vital role in cross-border transactions.
Understanding the DABAFIHHST2 SWIFT Code
The DABAFIHHST2 code serves as the exclusive identifier for DANSKE BANK A/S, FINLAND BRANCH in international transfers. This alphanumeric sequence performs two crucial functions: it verifies the recipient bank's identity and ensures secure fund routing.
Key details about the financial institution:
- Bank Name: DANSKE BANK A/S, FINLAND BRANCH
- City: Helsinki
- Address: TELEVISIOKATU 1, HELSINKI, HELSINKI, FI-00075
- Country: Finland
How SWIFT/BIC Codes Work
These international banking codes function like precise geographic coordinates for financial institutions. Typically comprising 8-11 characters, they provide a standardized method to identify specific banks and branches worldwide.
When initiating a transfer to DANSKE BANK's Finnish branch, verifying the DABAFIHHST2 code becomes particularly crucial for large transactions. This verification step helps prevent common transfer errors that could delay or misdirect funds.
Important Considerations
Financial institutions periodically update their SWIFT/BIC information. Before processing any international transfer using DABAFIHHST2, prudent senders should confirm the code's current validity through official bank channels.
While modern banking systems have significantly reduced transfer errors, the importance of accurate SWIFT code entry remains paramount. A single incorrect character can potentially redirect funds to the wrong institution or cause processing delays.
For individuals and businesses conducting frequent international transactions with DANSKE BANK's Finnish branch, maintaining up-to-date banking information and double-checking transfer details provides essential protection against avoidable errors.