SWIFT Code OSENSE21 — OSTKRAFT ENERGIHANDEL AB, VAXJO

About SWIFT Code OSENSE21 — OSTKRAFT ENERGIHANDEL AB, VAXJO

SWIFT code OSENSE21 is the official 8-character head-office BIC (Bank Identifier Code) for OSTKRAFT ENERGIHANDEL AB in VAXJO, Sweden. 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 OSTKRAFT ENERGIHANDEL AB for all outward international remittances from VAXJO. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code OSENSE21

The code OSENSE21 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code OSENSE21

Receiving International Wire Transfers

To receive money from abroad at your OSTKRAFT ENERGIHANDEL AB account in VAXJO, share SWIFT code OSENSE21 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 OSTKRAFT ENERGIHANDEL AB, VAXJO must provide SWIFT code OSENSE21. 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 OSTKRAFT ENERGIHANDEL AB in VAXJO rely on SWIFT code OSENSE21 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 OSTKRAFT ENERGIHANDEL AB →

For cheque clearing or NACH mandates, use the MICR code for OSTKRAFT ENERGIHANDEL AB →

For TDS challan deposits, find the BSR code for OSTKRAFT ENERGIHANDEL AB →

How SWIFT Code OSENSE21 Routes an International Transfer

1. Initiation: The sender provides SWIFT code OSENSE21 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 OSTKRAFT ENERGIHANDEL AB.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: OSTKRAFT ENERGIHANDEL AB receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code OSENSE21

• Spaces or lowercase letters — Always enter OSENSE21 uppercase with no spaces.
• Using the wrong city — This code is for VAXJO 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 Sweden.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm OSENSE21 directly with OSTKRAFT ENERGIHANDEL AB's VAXJO branch or via the SWIFT BIC Directory.