BORGISRE — TEYA ICELAND HF.
BORGISRE is the SWIFT/BIC code for TEYA ICELAND HF. in REYKJAVIK, Iceland — an 8-character head-office code under ISO 9362.
BORGISRE is the SWIFT/BIC code for TEYA ICELAND HF. in REYKJAVIK, Iceland. It is an 8-character head-office identifier under the ISO 9362 standard.
BIC breakdown (ISO 9362)
| Field | Value |
|---|---|
| Institution | TEYA ICELAND HF. |
| Country | Iceland (IS) |
| Location Code | RE |
| Branch | None |
| Type | 8-character head-office code (BIC8) |
⚠️ Critical Money Transfer Warning (YMYL)
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Common Mistakes: Do not confuse the SWIFT/BIC code (identifies the bank branch) with the IBAN (identifies the specific bank account). Using an incorrect branch suffix or a deactivated code can result in payments being returned, delayed, or subject to significant administrative return fees.
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Related codes for this bank
Frequently asked questions
What bank does the SWIFT code BORGISRE belong to?
The SWIFT code BORGISRE identifies TEYA ICELAND HF. in REYKJAVIK, Iceland. This head office code is used for cross-border payments and SWIFT network routing.
What do the parts of the SWIFT code BORGISRE mean?
The 8 or 11 characters of BORGISRE are parsed as follows: characters 1-4 (BORG) represent the bank code for TEYA ICELAND HF.; characters 5-6 (IS) indicate the country code for Iceland; characters 7-8 (RE) specify the location code; and the final characters (—) designate the specific branch.
Is the BIC code BORGISRE active on the SWIFT network?
Yes, the Business Identifier Code (BIC) BORGISRE is registered under ISO 9362 and is active for routing interbank messages. Location characters 'RE' designate it as a primary active participant.
Can I use the head office code BORGISRE instead of BORGISRE?
Yes. The 8-character code BORGISRE represents the primary headquarters of TEYA ICELAND HF.. The 11-character code BORGISRE targets the head office directly. If the branch code is unknown, sending payments to BORGISRE (or BORGISREXXX) will route them to the main head office.
What is the physical address of the bank registered to BORGISRE?
The physical address registered for BORGISRE is: KATRINARTUN 4, 105, REYKJAVIK, Iceland. Verify this address matches your recipient's branch details before initiating a transaction.
Sources & References
- 🌐 ISO 9362: The official standard defining the Business Identifier Code (BIC) format guidelines.
- 🏢 SWIFT Registration Authority: The organization designated by ISO to register and publish BICs (swift.com).