FOSSAR MARKADIR HF, BIC/SWIFT Code Details
FOMRISR1 is the SWIFT/BIC code for FOSSAR MARKADIR HF in Iceland. It identifies the head office. The 8-character form is FOMRISR1 and the 11-character form is FOMRISR1XXX.
Address: SELJAVEGUR 2 FLOOR 2 REYKJAVIK, 101 ICELAND
General instructions for international payments to banks 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 ISKOrdering 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. Read more
IBAN: In Iceland, the IBAN consists of 26 characters. The structure is '4!n2!n6!n10!n', where 'ISXX' is followed by 22 digits. The electronic format is 'IS981234567891234567891234' and printed format is 'IS98 1234 5678 9123 4567 8912 34'.
Standard Settlement Instructions (SSI) contain the list of correspondent banks for each currency.
To track a SWIFT cross-border payment to or from FOSSAR MARKADIR HF, you need a UETR code, reference number, amount, payment date, and currency. This information is typically found in an MT103 form.
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