SWIFT Code NOYAFO21 — NORDOYA SPARIKASSI, KLAKSVIK

About SWIFT Code NOYAFO21 — NORDOYA SPARIKASSI, KLAKSVIK

SWIFT code NOYAFO21 is the official 8-character head-office BIC (Bank Identifier Code) for NORDOYA SPARIKASSI in KLAKSVIK, Faroe Islands. Standardised under ISO 9362 and maintained by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), this code is used exclusively for cross-border wire transfers and is recognised by financial institutions in over 200 countries.

This code must be provided to the sender when receiving money from abroad, and is required by NORDOYA SPARIKASSI for all outward international remittances from KLAKSVIK. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code NOYAFO21

The code NOYAFO21 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code NOYAFO21

Receiving International Wire Transfers

To receive money from abroad at your NORDOYA SPARIKASSI account in KLAKSVIK, share SWIFT code NOYAFO21 with the sender along with your full account number, your name as on the account, and the branch address.

NRI Remittances

Non-Resident Indians sending money to NRO/NRE accounts at NORDOYA SPARIKASSI, KLAKSVIK must provide SWIFT code NOYAFO21. Major remittance platforms — including Wise, Remitly, Western Union, and MoneyGram — use this code to route transfers accurately.

Trade Finance and Foreign Payments

Importers and exporters using NORDOYA SPARIKASSI in KLAKSVIK rely on SWIFT code NOYAFO21 for letters of credit, bank guarantees, and foreign currency settlements.

SWIFT Code vs IFSC vs MICR vs BSR — Key Differences

Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for NORDOYA SPARIKASSI →

For cheque clearing or NACH mandates, use the MICR code for NORDOYA SPARIKASSI →

For TDS challan deposits, find the BSR code for NORDOYA SPARIKASSI →

How SWIFT Code NOYAFO21 Routes an International Transfer

1. Initiation: The sender provides SWIFT code NOYAFO21 and account number to their bank.
2. Validation: The sending bank validates the BIC against the SWIFT registry.
3. Routing: An MT103 SWIFT message is transmitted through the network to NORDOYA SPARIKASSI.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: NORDOYA SPARIKASSI receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code NOYAFO21

• Spaces or lowercase letters — Always enter NOYAFO21 uppercase with no spaces.
• Using the wrong city — This code is for KLAKSVIK only.
• Truncating to 8 characters — When 11 characters are required, always use the full code.
• Using SWIFT for domestic transfers — Use the IFSC code for any transfer within Faroe Islands.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm NOYAFO21 directly with NORDOYA SPARIKASSI's KLAKSVIK branch or via the SWIFT BIC Directory.