SWIFT Code FOCTFIH1 — FOREA CAPITAL OY, HELSINKI

About SWIFT Code FOCTFIH1 — FOREA CAPITAL OY, HELSINKI

SWIFT code FOCTFIH1 is the official 8-character head-office BIC (Bank Identifier Code) for FOREA CAPITAL OY in HELSINKI, Finland. 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 FOREA CAPITAL OY for all outward international remittances from HELSINKI. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code FOCTFIH1

The code FOCTFIH1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code FOCTFIH1

Receiving International Wire Transfers

To receive money from abroad at your FOREA CAPITAL OY account in HELSINKI, share SWIFT code FOCTFIH1 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 FOREA CAPITAL OY, HELSINKI must provide SWIFT code FOCTFIH1. 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 FOREA CAPITAL OY in HELSINKI rely on SWIFT code FOCTFIH1 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 FOREA CAPITAL OY →

For cheque clearing or NACH mandates, use the MICR code for FOREA CAPITAL OY →

For TDS challan deposits, find the BSR code for FOREA CAPITAL OY →

How SWIFT Code FOCTFIH1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code FOCTFIH1 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 FOREA CAPITAL OY.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: FOREA CAPITAL OY receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code FOCTFIH1

• Spaces or lowercase letters — Always enter FOCTFIH1 uppercase with no spaces.
• Using the wrong city — This code is for HELSINKI 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 Finland.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm FOCTFIH1 directly with FOREA CAPITAL OY's HELSINKI branch or via the SWIFT BIC Directory.