What is the SWIFT/BIC code format used in Iceland?

Every bank, EMI and PSP in Iceland that sends international payments has an 8 or 11 character SWIFT/BIC code. Ohmyfin lists 31 institutions in Iceland with an assigned BIC. You can verify any of them on this page or through the Ohmyfin API.

Is IBAN mandatory in Iceland?

Yes. IBAN is required for bank accounts in Iceland. The local IBAN follows the format IS2!n4!n2!n6!n10!n.

What currency is used in Iceland?

Iceland uses ISK (Icelandic Krona).

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.

통화

ISK (Icelandic Krona)

IBAN

Mandatory (IS2!n4!n2!n6!n10!n)

SEPA

예

Cross-border payments and banking in 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.

ARNIISR1 ARCTICA FINANCE HF. ESJAISRE ARION BANK HF BLHUISR2 BLIKK HUGBUNADARTHJONUSTA HF. BYSEISR1 BYR SECURITIES SISLISRE CENTRAL BANK OF ICELAND EIMIISRE EIMSKIPAFELAG ISLANDS HF FOMRISR1 FOSSAR MARKADIR HF ICGIISR1 ICELAND POST LTD., POSTAL GIRO ICSCISR1 ICELANDIC SECURITIES LTD. INDJISR2 INDO SPARISJODUR HF GLITISRE ISLANDSBANKI HF VISLISR1 ISLANDSBANKI SECURITIES ISFJISR1 ISLENSKIR FJARFESTAR HF. JOKLISR1 JOKLAR-VERDBREF HF XICEISR1 KAUPHOLL ISLANDS HF. (NASDAQ ICELAND HF.) TIVEISR1 KVIKA BANKI HF MPBAISRE KVIKA BANKI HF. LASVISR1 LANASJODUR SVEITARFELAGA NBIIISRE LANDSBANKINN HF NARIISR1 NATIONAL REGISTRY OF ICELAND NOVEISR1 NORDVEST VERDBREF HF OSSRISRR OSSUR HF. VATOISRE RAPYD EUROPE HF SPUAISR2 SPARISJODUR AUSTURLANDS HF. SPDSISR2 SPARISJODUR HOFDHVERFINGA SES SSRSISR2 SPARISJODUR STRANDAMANNA SES. SPYEISR2 SPARISJODUR SUDUR-THINGEYINGA SES. SPKFISR1 SPARISJOOURINN I KEFLAVIK TPLSISR1 T PLUS BORGISRE TEYA ICELAND HF. VEIAISR2 VERDBREFAMIDSTOD ISLANDS HF. (VBM LTD.)

Iceland: SWIFT/BIC Codes & Payment Info

SWIFT/BIC code holders in Iceland (31)

결제 추적 대상: Iceland

Use this data in your own systems