SWIFT Code OUTCFI22 — OUTOTEC OYJ, ESPOO

About SWIFT Code OUTCFI22 — OUTOTEC OYJ, ESPOO

SWIFT code OUTCFI22 is the official 8-character head-office BIC (Bank Identifier Code) for OUTOTEC OYJ in ESPOO, 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 OUTOTEC OYJ for all outward international remittances from ESPOO. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code OUTCFI22

The code OUTCFI22 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code OUTCFI22

Receiving International Wire Transfers

To receive money from abroad at your OUTOTEC OYJ account in ESPOO, share SWIFT code OUTCFI22 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 OUTOTEC OYJ, ESPOO must provide SWIFT code OUTCFI22. 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 OUTOTEC OYJ in ESPOO rely on SWIFT code OUTCFI22 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 OUTOTEC OYJ →

For cheque clearing or NACH mandates, use the MICR code for OUTOTEC OYJ →

For TDS challan deposits, find the BSR code for OUTOTEC OYJ →

How SWIFT Code OUTCFI22 Routes an International Transfer

1. Initiation: The sender provides SWIFT code OUTCFI22 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 OUTOTEC OYJ.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: OUTOTEC OYJ receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code OUTCFI22

• Spaces or lowercase letters — Always enter OUTCFI22 uppercase with no spaces.
• Using the wrong city — This code is for ESPOO 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 OUTCFI22 directly with OUTOTEC OYJ's ESPOO branch or via the SWIFT BIC Directory.