When making an international wire transfer, the accuracy of a bank's SWIFT/BIC code is critical. An incorrect code may result in delayed or even lost funds. This article provides a detailed breakdown of the SWIFT/BIC code for SPAR NORD BANK A/S to ensure seamless transactions.
Understanding SWIFT/BIC Codes
A SWIFT/BIC code is a unique identifier consisting of 8 to 11 characters, used to locate specific banks and their branches worldwide. For SPAR NORD BANK A/S, the SWIFT/BIC code is SPNODK22XXX . Each segment of this code holds a distinct meaning:
- Bank Code (SPNO) – Identifies SPAR NORD BANK A/S.
- Country Code (DK) – Indicates the bank is located in Denmark.
- Location Code (22) – Specifies the bank's headquarters.
- Branch Code (XXX) – Denotes the bank's primary office (typically "XXX" for headquarters).
Why Accuracy Matters
Errors in SWIFT/BIC codes can lead to transaction delays or misdirected funds. To prevent such issues, follow these verification steps:
- Confirm the Bank Name – Ensure the recipient's bank name matches the one associated with the SWIFT code.
- Verify the Branch – If using a branch-specific code, confirm it aligns with the recipient's branch.
- Check the Country Code – The SWIFT code must correspond to the recipient's country.
SPAR NORD BANK A/S SWIFT Code Details
For reference, the complete details of SPAR NORD BANK A/S's SWIFT/BIC code are as follows:
- SWIFT Code: SPNODK22
- Branch Code: XXX
- Bank Name: SPAR NORD BANK A/S
- Address: Skelagervej 15, Aalborg, Denmark
Using the correct SWIFT/BIC code ensures smooth and secure international transactions. Before initiating a transfer, double-check all details to guarantee funds reach their intended destination without complications.