SWIFT Code VEOPFI21 — VETELIN OSUUSPANKKI, VETELI

About SWIFT Code VEOPFI21 — VETELIN OSUUSPANKKI, VETELI

SWIFT code VEOPFI21 is the official 8-character head-office BIC (Bank Identifier Code) for VETELIN OSUUSPANKKI in VETELI, 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 VETELIN OSUUSPANKKI for all outward international remittances from VETELI. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code VEOPFI21

The code VEOPFI21 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code VEOPFI21

Receiving International Wire Transfers

To receive money from abroad at your VETELIN OSUUSPANKKI account in VETELI, share SWIFT code VEOPFI21 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 VETELIN OSUUSPANKKI, VETELI must provide SWIFT code VEOPFI21. 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 VETELIN OSUUSPANKKI in VETELI rely on SWIFT code VEOPFI21 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 VETELIN OSUUSPANKKI →

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

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

How SWIFT Code VEOPFI21 Routes an International Transfer

1. Initiation: The sender provides SWIFT code VEOPFI21 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 VETELIN OSUUSPANKKI.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: VETELIN OSUUSPANKKI receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code VEOPFI21

• Spaces or lowercase letters — Always enter VEOPFI21 uppercase with no spaces.
• Using the wrong city — This code is for VETELI 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 VEOPFI21 directly with VETELIN OSUUSPANKKI's VETELI branch or via the SWIFT BIC Directory.