International money transfers can often be confusing, particularly when dealing with Finland. The SWIFT/BIC code of Finland's central bank, Suomen Pankki - Finlands Bank , plays a crucial role in these transactions. The institution's unique code, SPFBFIHHCON , serves as an essential identifier in international finance and helps ensure secure and efficient transfers.
Headquartered at Snelmaniaukio, Helsinki, FI-00170, Finland , Suomen Pankki offers various financial services. Whether you're an individual or a business, using the correct SWIFT code can prevent delays and errors in your international transactions.
For example, when sending $10,000 to France at an exchange rate of approximately 0.8484 euros per dollar , the recipient would receive 8,484 euros . This process demonstrates how proper use of banking codes can streamline international transfers while minimizing costs.
Understanding these financial mechanisms ensures your funds reach their destination safely and promptly. Finland's central bank provides reliable infrastructure for international money transfers, making it a practical choice for global transactions.