When making international wire transfers, ensuring the accuracy of the SWIFT code is critical. Have you ever wondered what each character in a SWIFT code represents? Knowing the meaning behind these letters and numbers can help safeguard your funds. This article delves into the SWIFT/BIC code used by Danske Bank A/S, Finland Branch: DABAFIHHSD2 .
Breaking Down the SWIFT Code
DABAFIHHSD2 is the standardized code used by this bank for international transactions, ensuring your transfers reach the correct destination. Here’s what each segment of the code signifies:
- DABA – Represents the bank’s name, Danske Bank.
- FI – Indicates the bank operates in Finland.
- HH – Identifies the city of Helsinki.
- SD2 – Specifies the particular branch of the bank.
Key Details for International Transfers
For customers conducting cross-border transactions, having the correct bank details is essential. To send funds to Danske Bank A/S, Finland Branch, you will need the following information:
- Bank Name: Danske Bank A/S, Finland Branch
- City: Helsinki
- Address: Televisionkatu 1, Helsinki, FI-00075
- Country: Finland
The Importance of SWIFT Codes
SWIFT codes are widely used for international wire transfers, bank communications, and other financial transactions. They play a vital role in ensuring the security and accuracy of fund transfers. Using an incorrect SWIFT code may result in delayed or lost funds, creating unnecessary financial complications.
By understanding the structure of DABAFIHHSD2 and the associated banking details, you can enhance the safety of your international transactions. Always verify the SWIFT code before initiating or receiving a transfer to avoid potential issues.