SWIFT Code FRFONO21 — FRAM FONDENE, DRAMMEN

About SWIFT Code FRFONO21 — FRAM FONDENE, DRAMMEN

SWIFT code FRFONO21 is the official 8-character head-office BIC (Bank Identifier Code) for FRAM FONDENE in DRAMMEN, Norway. 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 FRAM FONDENE for all outward international remittances from DRAMMEN. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code FRFONO21

The code FRFONO21 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code FRFONO21

Receiving International Wire Transfers

To receive money from abroad at your FRAM FONDENE account in DRAMMEN, share SWIFT code FRFONO21 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 FRAM FONDENE, DRAMMEN must provide SWIFT code FRFONO21. 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 FRAM FONDENE in DRAMMEN rely on SWIFT code FRFONO21 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 FRAM FONDENE →

For cheque clearing or NACH mandates, use the MICR code for FRAM FONDENE →

For TDS challan deposits, find the BSR code for FRAM FONDENE →

How SWIFT Code FRFONO21 Routes an International Transfer

1. Initiation: The sender provides SWIFT code FRFONO21 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 FRAM FONDENE.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: FRAM FONDENE receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code FRFONO21

• Spaces or lowercase letters — Always enter FRFONO21 uppercase with no spaces.
• Using the wrong city — This code is for DRAMMEN 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 Norway.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm FRFONO21 directly with FRAM FONDENE's DRAMMEN branch or via the SWIFT BIC Directory.