SWIFT Code VESPNO21 — VEGARSHEI SPAREBANK, VEGARSHEI

About SWIFT Code VESPNO21 — VEGARSHEI SPAREBANK, VEGARSHEI

SWIFT code VESPNO21 is the official 8-character head-office BIC (Bank Identifier Code) for VEGARSHEI SPAREBANK in VEGARSHEI, 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 VEGARSHEI SPAREBANK for all outward international remittances from VEGARSHEI. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code VESPNO21

The code VESPNO21 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code VESPNO21

Receiving International Wire Transfers

To receive money from abroad at your VEGARSHEI SPAREBANK account in VEGARSHEI, share SWIFT code VESPNO21 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 VEGARSHEI SPAREBANK, VEGARSHEI must provide SWIFT code VESPNO21. 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 VEGARSHEI SPAREBANK in VEGARSHEI rely on SWIFT code VESPNO21 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 VEGARSHEI SPAREBANK →

For cheque clearing or NACH mandates, use the MICR code for VEGARSHEI SPAREBANK →

For TDS challan deposits, find the BSR code for VEGARSHEI SPAREBANK →

How SWIFT Code VESPNO21 Routes an International Transfer

1. Initiation: The sender provides SWIFT code VESPNO21 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 VEGARSHEI SPAREBANK.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: VEGARSHEI SPAREBANK receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code VESPNO21

• Spaces or lowercase letters — Always enter VESPNO21 uppercase with no spaces.
• Using the wrong city — This code is for VEGARSHEI 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 VESPNO21 directly with VEGARSHEI SPAREBANK's VEGARSHEI branch or via the SWIFT BIC Directory.