SWIFT Code SEOYFIH1 — SELIGSON AND CO OYJ, HELSINKI

About SWIFT Code SEOYFIH1 — SELIGSON AND CO OYJ, HELSINKI

SWIFT code SEOYFIH1 is the official 8-character head-office BIC (Bank Identifier Code) for SELIGSON AND CO OYJ 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 SELIGSON AND CO OYJ 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 SEOYFIH1

The code SEOYFIH1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code SEOYFIH1

Receiving International Wire Transfers

To receive money from abroad at your SELIGSON AND CO OYJ account in HELSINKI, share SWIFT code SEOYFIH1 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 SELIGSON AND CO OYJ, HELSINKI must provide SWIFT code SEOYFIH1. 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 SELIGSON AND CO OYJ in HELSINKI rely on SWIFT code SEOYFIH1 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 SELIGSON AND CO OYJ →

For cheque clearing or NACH mandates, use the MICR code for SELIGSON AND CO OYJ →

For TDS challan deposits, find the BSR code for SELIGSON AND CO OYJ →

How SWIFT Code SEOYFIH1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code SEOYFIH1 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 SELIGSON AND CO OYJ.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: SELIGSON AND CO OYJ receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code SEOYFIH1

• Spaces or lowercase letters — Always enter SEOYFIH1 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 SEOYFIH1 directly with SELIGSON AND CO OYJ's HELSINKI branch or via the SWIFT BIC Directory.