Below are the SWIFT codes for all banks in Faroe Islands. Only active SWIFT codes are shown. All passive (i.e. inactive) codes are excluded from the list.
| ID | Bank or Institution | City | Branch | Swift Code |
|---|---|---|---|---|
| 1 | BANKNORDIK P/F (FORMERLY FOROYA BANKI P/F) | TORSHAVN | FIFBFOTX | |
| 2 | BANKNORDIK P/F (FORMERLY FOROYA BANKI P/F) | TORSHAVN | KONTANTDEPOT | FIFBFOTXKON |
| 3 | BETRI BANKI P/F | TORSHAVN | EIKBFOTF | |
| 4 | BETRI BANKI P/F | TORSHAVN | EIKBFOTFKON |
A SWIFT Code is a standard format of Bank Identifier Code (BIC) used to specify a particular bank or branch. These codes are used when transferring money between banks, particularly for international wire transfers. Banks also use these codes for exchanging messages between them.
SWIFT codes comprise of 8 or 11 characters. All 11 digit codes refer to specific branches, while 8 digit codes (or those ending in 'XXX') refer to the head or primary office. SWIFT codes are formatted as follows:
AAAA BB CC DDD
The downside of international transfers with your bank
When you send or receive money using your bank, you might lose out on a bad exchange rate and pay hidden fees as a result. That's because the banks still use an old system to exchange money. We recommend you use Wise (formerly TransferWise), which is usually much cheaper. With their smart technology:
The registrations of SWIFT codes are handled by Society for Worldwide Interbank Financial Telecommunication (SWIFT) and their headquarters is located in La Hulpe, Belgium. SWIFT is the registered trademark of S.W.I.F.T. SCRL with a registered address at Avenue Adèle 1, B-1310 La Hulpe, Belgium.
