In today's globalized financial environment, cross-border fund transfers have become increasingly common, making the accurate and secure delivery of funds more important than ever. Whether for international trade, remittances, or personal financial management, having the correct SWIFT/BIC code is crucial. This article provides detailed information about SUOMEN PANKKI - FINLANDS BANK's SWIFT code to facilitate smooth financial transactions.
The SWIFT/BIC code for SUOMEN PANKKI - FINLANDS BANK is SPFBFIHH1A3 . This standardized code, established by the International Telecommunication Union (ITU) for the SWIFT network, ensures that international payments reach their intended financial institutions accurately. The specific information encoded in SPFBFIHH1A3 provides the necessary details for secure and efficient fund transfers.
Bank Information
- Bank Name: SUOMEN PANKKI - FINLANDS BANK
- City: Helsinki
- Address: SNELLMANINAUKIO, HELSINKI, HELSINKI, FI-00170
- Country: Finland
Understanding the SWIFT Code Structure
SWIFT codes consist of 8 or 11 characters. The first eight characters represent the bank's core information, while the optional last three characters typically identify specific branches. In this case, SPFBFIHH serves as SUOMEN PANKKI - FINLANDS BANK's primary identifier, with 1A3 providing additional routing details for the funds.
How to Use the SWIFT Code
When initiating a transfer to SUOMEN PANKKI - FINLANDS BANK, you must use the complete SWIFT code SPFBFIHH1A3 . You can verify this code through the bank's online systems, mobile applications, or by contacting bank representatives directly. Always double-check the recipient's bank name, city, and country information to prevent delays or misdirected transfers.
Ensuring Transfer Security
Using the correct SWIFT/BIC code represents a critical step in securing international transactions. Before sending funds, always confirm the recipient's banking details and SWIFT code to mitigate potential fraud risks or transfer errors.
In summary, understanding and correctly applying SWIFT/BIC codes remains essential for anyone conducting international financial transactions. The code SPFBFIHH1A3 for SUOMEN PANKKI - FINLANDS BANK serves as a vital safeguard to ensure your funds reach their destination securely and efficiently. Always verify this information before initiating any transfer.