VEDANOK1 SWIFT/BIC Code

The SWIFT number VEDANOK1 was issued by VERDIPAPIRFONDET NORDEA PLAN 10 in OSLO.

SWIFT/BIC NumberVEDANOK1
Bank NameVERDIPAPIRFONDET NORDEA PLAN 10
Bank CityOSLO
Bank Branch

What is a SWIFT code?

A SWIFT code, also commonly known as a BIC Code, is a standard format to uniquely identify banks and financial institutions globally. SWIFT codes are a standard format for Business Identifier Codes - commonly referred to as a BIC.

If you transfer money across international lines you almost always need to use a SWIFT code, as it’s the way banks and money transfer services identify where to send money on a global scale. You can think of a SWIFT code a bit like a ZIP/postal code. Your bank can use the BIC code to find another bank on the other side of the world. Just like sending mail to an incorrect ZIP code means it may get lost or returned, the same goes for your money and an incorrect SWIFT code.

What does a SWIFT/BIC look like?

A BIC/SWIFT code is either 8 or 11 characters in length:

AAAA BB CC DDD

  • AAAA: 4 character bank code.This section can only be A-Z letters.
  • BB: 2 character country code. ISO alpha-2 country code.
  • CC: 2 character location code.
  • DDD: 3 character branch code. This is optional and can be letters or digits. An XXX here would refer to the primary office.

More info about SWIFT/BIC codes

There are 2 types of SWIFT code: live and passive. Live codes are for institutions who are actively connected to the SWIFT network while passive Codes are used for manual transactions. Passive SWIFT codes will have a 1 as the second digit of the 2 character location code.

SWIFT code registrations and management are the responsibility of "Society for Worldwide Interbank Financial Telecommunication" (“SWIFT”) which is located in La Hulpe, Belgium.

SWIFT is the registered trademark of S.W.I.F.T. SCRL with a registered address at Avenue Adèle 1, B-1310 La Hulpe, Belgium.