Find SWIFT Codes in ICELAND

In order to send a SWIFT payment to ICELAND it is highly recommended to meet the following recommendations:

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.

For the following financial institutions in ICELAND you can find a list of their correspondent banks with the currencies and nostro accounts. Also you will find an instructions how to track the payments and other useful information which will help you to send/receive a SWIFT funds transfer or investigate a status of existing payment.

ARCTICA FINANCE HF.

ARION BANK HF

BYR SECURITIES

CENTRAL BANK OF ICELAND

EIMSKIPAFELAG ISLANDS HF

FOSSAR MARKADIR HF

ICELAND POST LTD., POSTAL GIRO

ICELANDIC SECURITIES LTD.

ISLANDSBANKI HF

ISLANDSBANKI SECURITIES

ISLENSKIR FJARFESTAR HF.

JOKLAR-VERDBREF HF