Iceland — SWIFT/BIC Codes & Payment Info

Browse banks, EMIs, PSPs and other organizations in Iceland that hold a SWIFT/BIC code. See correspondent banking data and review the country's payment requirements.

Devise
ISK — Icelandic Krona
IBAN
Mandatory (IS2!n4!n2!n6!n10!n)
SEPA
Oui
Payment requirements for Iceland: Information provided by the Beneficiary: Remitter should obtain all required bank information from the Beneficiary (e.g. SWIFT BIC, account number, and beneficiary bank address).

Payment Formatting Rules for ISK
Ordering Customer (SWIFT MT103 F50): Include account number, full name (no initials), and address of the ordering customer. Use of initials can delay receipt of funds by the beneficiary.
Beneficiary Customer (SWIFT MT103 F59): Include IBAN number, full name (no initials), and address of the beneficiary customer.
Beneficiary Bank (SWIFT MT103 F57): Include SWIFT BIC with branch identifier (where required), full name, and address of the beneficiary bank. SWIFT BIC is 8 or 11 alphanumeric characters: xxxxISxx or xxxxISxxxxx.
Reason for Payment (SWIFT MT103 F70): Purpose of payment is recommended. Any information that is vague/incomplete may need further clarification and result in payment delays.

Additional Information: This is a zero decimal currency and therefore does not have cents.

SWIFT/BIC code holders in Iceland (31)

Banks, EMIs, PSPs and other organizations with an assigned BIC. Click any entry for SWIFT/BIC details, correspondent banking data and supported currencies.

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