- BIC, 8 characters
- PAFNNOK1
- BIC, 11 characters
- PAFNNOK1XXX
- Country
- Norway
- Address
- Dronning Mauds 3 Oslo 0114 1411 Norway
Source: ISO 9362 BIC registry, head-office codes only, no branch codes. Check the code with the bank before sending a large transfer.
How PAFNNOK1 is built
| Positions | Length | Meaning |
|---|---|---|
| 1–4 | 4 | PAFN Bank code |
| 5–6 | 2 | NO Country |
| 7–8 | 2 | K1 Location |
| 9–11 | 3 | XXX Branch · XXX or omitted = head office |
How to use PAFNNOK1 for a transfer
Give the sender two things: the BIC PAFNNOK1 (or PAFNNOK1XXX if the form asks for 11 characters) and your account number at Pareto Securities AS. In Norway the account number is the IBAN, 15 characters starting with NO. Check both on your bank statement before sending a large amount: a wrong code delays the transfer or sends it back with fees.
The BIC (Business Identifier Code), commonly called SWIFT code, identifies a bank or institution in international payments. It has 8 or 11 characters: 4 letters for the institution, 2 for the country, 2 for the location, and an optional 3 for the branch. XXX, or no branch code at all, means the head office.
Questions
What is the SWIFT code of Pareto Securities AS?
The SWIFT/BIC code of Pareto Securities AS is PAFNNOK1. In the 11-character form it is PAFNNOK1XXX, where XXX stands for the head office.
Is PAFNNOK1 a SWIFT code or a BIC?
Both: BIC is the ISO 9362 name of the code, SWIFT the network that assigns it. PAFNNOK1 is the same code under either name.
Do I also need the IBAN to receive money at Pareto Securities AS?
Norway uses the IBAN: the account number to give with the BIC is the IBAN, 15 characters long and starting with NO. See the IBAN format of Norway.
Can I receive international transfers with iSwiss Pay?
Yes. The iSwiss Pay euro, US dollar and pound accounts each come with their own coordinates, including the BIC where applicable, and receive SWIFT and local transfers.
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