SWIFT Code LUOUFI21 — LUVIAN OSUUSPANKKI, LUVIA

About SWIFT Code LUOUFI21 — LUVIAN OSUUSPANKKI, LUVIA

SWIFT code LUOUFI21 is the official 8-character head-office BIC (Bank Identifier Code) for LUVIAN OSUUSPANKKI in LUVIA, 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 LUVIAN OSUUSPANKKI for all outward international remittances from LUVIA. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code LUOUFI21

The code LUOUFI21 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code LUOUFI21

Receiving International Wire Transfers

To receive money from abroad at your LUVIAN OSUUSPANKKI account in LUVIA, share SWIFT code LUOUFI21 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 LUVIAN OSUUSPANKKI, LUVIA must provide SWIFT code LUOUFI21. 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 LUVIAN OSUUSPANKKI in LUVIA rely on SWIFT code LUOUFI21 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 LUVIAN OSUUSPANKKI →

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

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

How SWIFT Code LUOUFI21 Routes an International Transfer

1. Initiation: The sender provides SWIFT code LUOUFI21 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 LUVIAN OSUUSPANKKI.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: LUVIAN OSUUSPANKKI receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code LUOUFI21

• Spaces or lowercase letters — Always enter LUOUFI21 uppercase with no spaces.
• Using the wrong city — This code is for LUVIA 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 LUOUFI21 directly with LUVIAN OSUUSPANKKI's LUVIA branch or via the SWIFT BIC Directory.