Norway

Bank account

Service specification

Type	Description
Direct to Bank method	Direct credit to bank account in EURO (EUR). Supported beneficiary account type – individual only. Supported Sender type - Individual only.
Transaction Turnaround Time	- Real-time: 24x7 (within 15 minutes). - If the transactions hit under partner screening, it might take maximum 48 hours to completed (Business hours) - If the transaction reaches a compliance check on a non-business day, it will be processed on the next working day. - All transactions are processed via Instant SEPA (real-time), otherwise it will be rerouted to SEPA (T+0) for beneficiary banks that do not support Instant SEPA.
Area availability	Related countries offered under SEPA EURO
Validation / Verification	· No system validation on account available. · The account number is using IBAN account number
Amount received	Beneficiary received net amount as specified by Sender.
Transaction Limit	Maximum per Transaction EUR 999,999 Minimum per Transaction EUR 1.00 Compliance accumulated limit EUR 45,000.00 per day per Beneficiary Transaction will be on hold for compliance review based on the supporting document should the sender or receiver has exceeded the compliance limit.
Maximum Beneficiary	No restriction
Service Charge	Transaction Fee will be refunded on best effort basis once the Transaction is accepted by the gloRemit® Service System and submitted by the gloRemit® Service System to the Payout Channel.
Cancellation Process	Cancellation is on best effort basis.
Remarks	· Beneficiary address including Beneficiary City (bRegencyCode), and Beneficiary Postcode (bPostcode) are Mandatory Fields. · Beneficiary address (bAddress) must be the full address registered with the beneficiary bank. . Sender address including Sender City (sCity), and Sender Postcode (sPostcode) are Mandatory Fields. · Sender and Beneficiary DOB are Mandatory Fields · Registers of Participants in SEPA payment and payment related schemes \| European Payments Council: https://www.europeanpaymentscouncil.eu/what-we-do/be-involved/register-participants/registers-participants-sepa-payment-schemes > (please refer SCT Inst and SCT) There are list of industries that might lead the transaction screening: · Pharmacies selling copy products without proper authority approval, incl. e-pharmacies · Pornography industry (dating pages is as such acceptable) · Tobacco industry · Cannabis or other drugs in any form · Weapons in any forms, including dual-use goods. · Atomic power · Extractive industries · Precious metals and stones · Companies selling counterfeit or infringed products · Companies selling, storing or trading in Crypto currencies · Binary Option Traders · Pyramid schemes in any form · Unregulated charities · File sharing companies · Shell banks
Do_Transfer bAccType Value	1

Supported bank

No	Name	Issuer Code
1	SEPA NORWAY PAYOUT	470001

Telegraphic Transfer

Service Specification

Type

Description

Direct to bank method

Direct credit to bank accounts in US Dollar (USD) and Norwegian Krone (NOK).
Supported beneficiary account type – Individual & company
Supported sender account type - Individual & company

Transaction turnaround time

*T+1 business days for USD transaction processed and credited before 6pm (Mon-Fri) GMT +8.

*T+1 business days for NOK transaction processed and credited before 6pm (Mon-Fri) GMT +8.

Transaction sent on Saturdays, Sundays or public holidays will be processed on next Norwegian business day.

*Processing time may vary based on the beneficiary bank’s cut-off time.

Area availability

Related countries offered under SEPA KRONE

Validation / Verification

No system validation on account available.

Amount received

Beneficiary received net amount as specified by sender.

Transaction limit

Types of limit	Amount
Maximum per transaction	N/A
Compliance accumulated limit per day per beneficiary (USD)	USD 50,000.00
Compliance accumulated limit per day per beneficiary (NOK)	NOK 550,000.00

Maximum beneficiary

No restriction

Service charge

The transaction fee will be refunded on a best-effort basis after the transaction is accepted by the gloRemit® and forwarded to the payout channel.

Cancellation process

Cancellation is on best-effort basis.

Remarks

Beneficiary account currency must be the same with the currency of the transaction (USD or NOK).

Branch code is optional. If included, please enter exactly 3 characters to avoid the transaction being rejected.

Do_Transfer bAccType Value

List of Swift Code

No	Name	Swift Code
1	AASEN SPAREBANK	AASANO21
2	ABG SUNDAL COLLIER ASA	ABSRNOK1
3	ADEVINTA AS	ADNANOKK
4	ABG SUNDAL COLLIER ASA	AGSRNOK1
5	ALFRED BERG KAPITALFORVALTNING AS	ALBFNO21
6	ALFRED BERG KAPITALFORVALTNING AS	ALBFNOK1
7	ALLEGRO FINANS ASA	ALNSNO21
8	ARCTIC FUND MANAGEMENT AS	ARETNO21
9	ARCTIC FUND MANAGEMENT AS	ARFGNOK1
10	ARCTIC SECURITIES ASA	ASEANOK1
11	ASKIM OG SPYDEBERG SPAREBANK	ASKSNO21
12	AURSKOG SPAREBANK	AUSNNO21
13	BANKING CIRCLE NORWAY	BCIRNO22
14	BERGEN CAPITAL MANAGEMENT AS	BCMMNOB1
15	BERGEN BUNKERS AS	BEBNNOB1
16	BERGEN ENERGI MARKETS AS	BEEKNOB1
17	BIEN SPAREBANK ASA	BIENNOK1
18	BIRKENES SPAREBANK	BISNNO21
19	BJUGN SPAREBANK	BJUGNO21
20	EKSPRESS BANK	BNPANOK2
21	BNP PARIBAS S.A. NORWAY BRANCH	BNPANOKK
22	BB BANK ASA	BNSSNOB1
23	BOREA ASSET MANAGEMENT AS	BONMNOB1
24	BERG SPAREBANK	BRGPNO21
25	CARNEGIE A.S.	CANGNOK1
26	CELSA NORDIC AS	CENDNO22
27	CENTEVO	CENVNOKK
28	CHRISTIANIA SECURITIES AS	CHUANOK1
29	CITIBANK EUROPE PLC NORWAY BRANCH	CITINOKX
30	COSMOS MARKETS AS	CSMANO21
31	CULTURA SPAREBANK	CULTNOK1
32	DANSKE BANK A/S	DABANO22
33	DNB ASSET MANAGEMENT AS	DNAMNOKK
34	DNB MARKETS CUSTODY, A BUSINESS UNI	DNBANOKC
35	DNB	DNBANOKK
36	DNB MARKETS, A BUSINESS UNIT OF DNB	DNBANOKX
37	DNV GROUP AS	DNVGNO22
38	DRANGEDAL SPAREBANK	DRANNO21
39	EIDSBERG SPAREBANK	EIDSNO21
40	EIKA KAPITALFORVALTNING AS	EIKANOK1
41	EKSPORTFINANS ASA	EKSPNOKK
42	ETNEDAL SPAREBANK	ETSPNO21
43	EVJE OG HORNNES SPAREBANK	EVJENO21
44	FANA SPAREBANK	FANANOB1
45	FEARNLEY SECURITIES AS	FEFONOK1
46	FORTE FONDSFORVALTNING AS	FFONNO21
47	FLEKKEFJORD SPAREBANK	FLEKNO21
48	FONDSFINANS KAPITALFORVALTNING AS	FOKANOK1
49	FOLKETRYGDFONDET	FOLTNOKK
50	FONDSFINANS AS	FONSNOK1
51	FIRST FONDENE AS	FRAANOK1
52	FIRST FONDENE AS	FRFNNOK1
53	FRAM FONDENE	FRFONO21
54	FRENDE SKADEFORSIKRING AS	FRSFNOB2
55	FRENDE SKADEFORSIKRING AS	FRSFNOB3
56	FISH POOL ASA	FSPANOB1
57	GALLESIO PARTNERS AS	GAPTNOK1
58	GILDESKAL SPAREBANK	GILDNO21
59	GJENSIDIGE BANK ASA	GJASNO21
60	AGDER SPAREBANK	GJSPNO21
61	GRONG SPAREBANK	GRONNO21
62	GRUE SPAREBANK	GRUENO21
63	GUARDIAN CORPORATE AS	GUCRNOK1
64	HALTDALEN SPAREBANK	HALTNO21
65	HANDELSBANKEN	HANDNOKK
66	HAUGESUND SPAREBANK	HAUGNO21
67	HEIMDAL FORVALTNING AS	HEFONO21
68	HEGRA SPAREBANK	HESPNOB1
69	BNBANK ASA	KBNONO22
70	BRABANK ASA	MNASNOB2
71	BANK NORWEGIAN, EN FILIAL AV	NORWNOK1
72	CLARKSONS PLATOU SECURITIES AS	NOSUNOK1
73	CARNEGIE AS	NRSANOK1
74	BRABANK ASA	PONONOK1
75	BOLIGBANKEN ASA	PRBONO22
76	EQUINOR ASA	SASANO22
77	DNB BANK ASA	SBAKNOBB
78	BANKENES SIKRINGSFOND	SIKRNOK1
79	EQUINOR ASSET MANAGEMENT AS	STKSNO22
80	EIKA KREDITTBANK AS	TEKONOK1
81	EASYBANK ASA	VERDNOK1
82	C WORLDWIDE ASSET MANAGEMENT AS	WOAMNOK1