SWIFT Code SPRONO22OLN — SPAREBANK 1 SR-BANK ASA, OELEN

About SWIFT Code SPRONO22OLN — SPAREBANK 1 SR-BANK ASA, OELEN

SWIFT code SPRONO22OLN is the official 11-character branch-specific BIC (Bank Identifier Code) for SPAREBANK 1 SR-BANK ASA in OELEN, 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 SPAREBANK 1 SR-BANK ASA for all outward international remittances from OELEN. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code SPRONO22OLN

The code SPRONO22OLN follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code SPRONO22OLN

Receiving International Wire Transfers

To receive money from abroad at your SPAREBANK 1 SR-BANK ASA account in OELEN, share SWIFT code SPRONO22OLN 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 SPAREBANK 1 SR-BANK ASA, OELEN must provide SWIFT code SPRONO22OLN. 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 SPAREBANK 1 SR-BANK ASA in OELEN rely on SWIFT code SPRONO22OLN 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 SPAREBANK 1 SR-BANK ASA →

For cheque clearing or NACH mandates, use the MICR code for SPAREBANK 1 SR-BANK ASA →

For TDS challan deposits, find the BSR code for SPAREBANK 1 SR-BANK ASA →

How SWIFT Code SPRONO22OLN Routes an International Transfer

1. Initiation: The sender provides SWIFT code SPRONO22OLN 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 SPAREBANK 1 SR-BANK ASA.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: SPAREBANK 1 SR-BANK ASA receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code SPRONO22OLN

• Spaces or lowercase letters — Always enter SPRONO22OLN uppercase with no spaces.
• Using the wrong city — This code is for OELEN 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 SPRONO22OLN directly with SPAREBANK 1 SR-BANK ASA's OELEN branch or via the SWIFT BIC Directory.