SWIFT Code IKOSFI21 — IKAALISTEN OSUUSPANKKI, IKAALINEN

About SWIFT Code IKOSFI21 — IKAALISTEN OSUUSPANKKI, IKAALINEN

SWIFT code IKOSFI21 is the official 8-character head-office BIC (Bank Identifier Code) for IKAALISTEN OSUUSPANKKI in IKAALINEN, 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 IKAALISTEN OSUUSPANKKI for all outward international remittances from IKAALINEN. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code IKOSFI21

The code IKOSFI21 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code IKOSFI21

Receiving International Wire Transfers

To receive money from abroad at your IKAALISTEN OSUUSPANKKI account in IKAALINEN, share SWIFT code IKOSFI21 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 IKAALISTEN OSUUSPANKKI, IKAALINEN must provide SWIFT code IKOSFI21. 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 IKAALISTEN OSUUSPANKKI in IKAALINEN rely on SWIFT code IKOSFI21 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 IKAALISTEN OSUUSPANKKI →

For cheque clearing or NACH mandates, use the MICR code for IKAALISTEN OSUUSPANKKI →

For TDS challan deposits, find the BSR code for IKAALISTEN OSUUSPANKKI →

How SWIFT Code IKOSFI21 Routes an International Transfer

1. Initiation: The sender provides SWIFT code IKOSFI21 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 IKAALISTEN OSUUSPANKKI.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: IKAALISTEN OSUUSPANKKI receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code IKOSFI21

• Spaces or lowercase letters — Always enter IKOSFI21 uppercase with no spaces.
• Using the wrong city — This code is for IKAALINEN 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 IKOSFI21 directly with IKAALISTEN OSUUSPANKKI's IKAALINEN branch or via the SWIFT BIC Directory.