Norway
Overview
| Transfer method | Local | Local | SWIFT |
|---|---|---|---|
| Supported currency(ies) | NOK | EUR | AUD, CAD, CHF, CNY, CZK, DKK, EUR, GBP, HKD, HUF, ILS, JPY, NOK, NZD, PLN, RON, SEK, SGD, THB, TRY, USD, ZAR |
| Payment scheme | Norwegian Interbank Clearing System | SEPA Instant / SEPA* | |
| Flight time (business days) | 0-1 | 0-2 | 0-3 |
| Maximum transaction limit | 25,000,000 NOK | No limit | No limit |
| Ultimate payer displayed | Yes |
* Note that if payouts > 100,000 EUR or the recipient bank does not support SEPA Instant, the transaction will be processed via SEPA with a flight time of 0-2 business days.
Please refer to the sections below for the key required bank details and other considerations for each supported transfer method.
Local NOK payout
| Required fields | Permitted Data | Notes |
|---|---|---|
account_currency | 3-letter ISO 4217 currency code | Should be NOK |
account_name | 2-200 characters | Account holder name of the recipient’s bank account |
account_number | 7 digits | |
account_routing_type1 | bank_code only | |
account_routing_value1 | 4 digits | See below on Norwegian bank and account number formats |
bank_country_code | 2-letter ISO 3166-2 country code | Should be NO |
Norwegian bank and account number formats
For local payouts to Norway, you should provide locally formatted bank code and account number, which are possible to be extracted from a 15-character Norwegian IBAN:
- Bank code (4 digits): 5th-8th character
- Account number (7 digits): 9th-15th character
Supported scenarios
Note that Mainland China/Hong Kong customers are no longer supported in local NOK payouts.
Local EUR payout
| Required fields | Permitted Data | Notes |
|---|---|---|
account_currency | 3-letter ISO 4217 currency code | Should be EUR |
account_name | 2-200 characters | Account holder name of the recipient’s bank account |
iban | 15 alphanumeric characters | Should be a valid and supported IBAN starting with country code “NO” |
bank_country_code | 2-letter ISO 3166-2 country code | Should be NO |
SWIFT payout
| Required fields | Permitted Data | Notes |
|---|---|---|
account_currency | 3-letter ISO 4217 currency code | One of AUD, CAD, CHF, CNY, CZK, DKK, EUR, GBP, HKD, HUF, ILS, JPY, NOK, NZD, PLN, RON, SEK, SGD, THB, TRY, USD, ZAR |
account_name | 2-200 characters | Account holder name of the recipient’s bank account |
iban | 15 alphanumeric characters | Should be a valid and supported IBAN starting with country code “NO” |
bank_country_code | 2-letter ISO 3166-2 country code | Should be NO |