SWIFT Code LOSKNO21 — LOM OG SKJAK SPAREBANK, LOM

About SWIFT Code LOSKNO21 — LOM OG SKJAK SPAREBANK, LOM

SWIFT code LOSKNO21 is the official 8-character head-office BIC (Bank Identifier Code) for LOM OG SKJAK SPAREBANK in LOM, 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 LOM OG SKJAK SPAREBANK for all outward international remittances from LOM. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code LOSKNO21

The code LOSKNO21 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code LOSKNO21

Receiving International Wire Transfers

To receive money from abroad at your LOM OG SKJAK SPAREBANK account in LOM, share SWIFT code LOSKNO21 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 LOM OG SKJAK SPAREBANK, LOM must provide SWIFT code LOSKNO21. 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 LOM OG SKJAK SPAREBANK in LOM rely on SWIFT code LOSKNO21 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 LOM OG SKJAK SPAREBANK →

For cheque clearing or NACH mandates, use the MICR code for LOM OG SKJAK SPAREBANK →

For TDS challan deposits, find the BSR code for LOM OG SKJAK SPAREBANK →

How SWIFT Code LOSKNO21 Routes an International Transfer

1. Initiation: The sender provides SWIFT code LOSKNO21 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 LOM OG SKJAK SPAREBANK.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: LOM OG SKJAK SPAREBANK receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code LOSKNO21

• Spaces or lowercase letters — Always enter LOSKNO21 uppercase with no spaces.
• Using the wrong city — This code is for LOM 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 LOSKNO21 directly with LOM OG SKJAK SPAREBANK's LOM branch or via the SWIFT BIC Directory.