When processing international fund transfers, ensuring timely and accurate delivery of payments is paramount. One often-overlooked yet essential tool for achieving this is the SWIFT/BIC code , a unique identifier that eliminates delays by precisely directing funds to the intended bank.
For transfers to DANSKE BANK A/S in Finland, the correct SWIFT/BIC code is DABAFIHH CAP . The bank’s Helsinki branch is located at Televisiokatu 1, Helsinki, FI-00075 . Using this exact code during transactions is critical to avoid processing errors.
SWIFT/BIC codes consist of 8 to 11 alphanumeric characters, each segment revealing specific details. In DABAFIHH CAP , the first four characters ( DABA ) identify Danske Bank, while FI denotes Finland. The subsequent HH points to the bank’s primary location, and CAP specifies the branch. Even minor discrepancies in these characters can reroute payments or cause significant delays.
Financial institutions globally rely on these codes to validate cross-border transactions. Analysts emphasize that verifying the SWIFT/BIC code before initiating transfers is the simplest way to safeguard against complications. For businesses and individuals alike, this step ensures efficiency in an increasingly interconnected financial landscape.
As international banking grows more complex, understanding such identifiers becomes indispensable. Institutions like Danske Bank prioritize seamless transactions, but the responsibility for accuracy ultimately lies with the sender. Whether transferring funds for trade, investments, or personal remittances, confirming the recipient’s SWIFT/BIC code remains the cornerstone of successful transactions.