EIKBFOTF — BETRI BANKI P/F
EIKBFOTF is the SWIFT/BIC code for BETRI BANKI P/F in TORSHAVN, Faroe Islands — an 8-character head-office code under ISO 9362.
EIKBFOTF is the SWIFT/BIC code for BETRI BANKI P/F in TORSHAVN, Faroe Islands. It is an 8-character head-office identifier under the ISO 9362 standard.
BIC breakdown (ISO 9362)
| Field | Value |
|---|---|
| Institution | BETRI BANKI P/F |
| Country | Faroe Islands (FO) |
| Location Code | TF |
| Branch | None |
| Type | 8-character head-office code (BIC8) |
⚠️ Critical Money Transfer Warning (YMYL)
Verify the BIC with your beneficiary bank: Database records are informational only. swiftbic.org is not affiliated with SWIFT. Always verify the SWIFT/BIC code and name of the beneficiary with the receiving bank or official registration records before initiating any international wire transfer.
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 EIKBFOTF belong to?
The SWIFT code EIKBFOTF identifies BETRI BANKI P/F in TORSHAVN, Faroe Islands. This head office code is used for cross-border payments and SWIFT network routing.
What do the parts of the SWIFT code EIKBFOTF mean?
The 8 or 11 characters of EIKBFOTF are parsed as follows: characters 1-4 (EIKB) represent the bank code for BETRI BANKI P/F; characters 5-6 (FO) indicate the country code for Faroe Islands; characters 7-8 (TF) specify the location code; and the final characters (—) designate the specific branch.
Is the BIC code EIKBFOTF active on the SWIFT network?
Yes, the Business Identifier Code (BIC) EIKBFOTF is registered under ISO 9362 and is active for routing interbank messages. Location characters 'TF' designate it as a primary active participant.
Can I use the head office code EIKBFOTF instead of EIKBFOTF?
Yes. The 8-character code EIKBFOTF represents the primary headquarters of BETRI BANKI P/F. The 11-character code EIKBFOTF targets the head office directly. If the branch code is unknown, sending payments to EIKBFOTF (or EIKBFOTFXXX) will route them to the main head office.
What is the physical address of the bank registered to EIKBFOTF?
The physical address registered for EIKBFOTF is: YVIRI VID STROND 2, 0110, TORSHAVN, Faroe Islands. 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).