Making and receiving international payments

You can find your own IBAN on your bank statement, in the online bank under Account terms and conditions or by using the IBAN calculator.

The bank’s address: DNB Bank ASA, Dronning Eufemias Gate 30 191 Oslo

IBAN (International Bank Account Number) is an international standard for account numbers.

BIC stands for Bank Identifier Code and is the code that identifies a specific bank. This is also known as SWIFT.

If you have received an invoice, you will find both IBAN and BIC/SWIFT there. You may wish to get in touch with the person you’re paying.

The exchange amount and the exchange rate you were given in the online bank are preliminary calculations and are shown to give you a chance to detect any errors when registering the amount. The payment will be converted at the exchange rate (market rate) applicable at the time it is processed in our international system.

USA, Canada, Australia and South Africa have not introduced IBAN.

If you need to pay to the USA, you will often be asked for a 9-digit number called Routing No., ABA or FedWire. This number identifies the recipient's bank. You’ll need to contact the recipient to get this.

You must therefore provide the recipient’s regular bank account number in addition to the bank’s code.

USD to the US

In addition to the recipient’s account number, you must provide the national bank code (Fedwire or ABA number).

Other currencies to the US:

In addition to the recipient’s account number, the BIC (SWIFT address) must also be given

Canada, Australia and South Africa

In addition to the recipient’s account, the recipient bank’s BIC and national bank code must also be given.

Canada uses a 9-digit bank code.

Australia has a 6-digit bank code (on invoices this is often stated as the BSB number).

South Africa has a 6-digit bank code.

The requirements for sending rubles apply not only to Russia, but also to any recipient country.

The following must be provided when paying in RUB

If numbers 6, 7 and 8 in the recipient’s account number are 810, it means that the account is an RUB account.

In addition to the beneficiary’s full name, the INN number must be given when paying taxes and fees to Russian authorities. It is recommended that the INN be used for other payments if this number is stated on the invoice to be paid. This is a unique Identification Number of the Tax Payer; 10 digits for corporations and 12 digits for private customers.

The BIK must also be provided (a 9-digit bank code to the bank in Russia that begins with 04) + the account number that the beneficiary’s bank has in the Russian national bank. This account number is 20 digits long and starts with 30101. In addition, we must have the bank’s BIC (SWIFT address) + the bank’s full name and city.

The VO code must also be provided + a description in English of what the payment is for. The VO code is a reporting code that states what the payment is for. If it is unclear which VO code to use, DNB has been informed that it can still be processed without one. Then it must be stated in English, in the reference field, what the payment is. In other words, it does not match, for example, Invoice no. xxxx

The VO code is a reporting code that states what the payment is for. If it is unclear which VO code to use, DNB has been informed that it can still be processed without one. Then it must be stated in English, in the reference field, what the payment is. In other words, it does not match, for example, Invoice no. xxxx

The payment must be made as follows:

Recipient’s account number: 4xxxx810xxxxxxxxxxxx

Beneficiary’s name: Full name + INN number (if applicable)

Message to beneficiary: VO number + text in English stating what the payment is for

BIC of beneficiary’s bank: For example SABRRUMM

Field for the recipient bank’s name and address: //RUxxxxxxxxx.30101xxxxxxxxxxxxxxx + the bank’s name and city (That which is entered after RU is the 9-digit BIK code, so the recipient bank’s account number in the Russian national bank).

• The rules on international sanctions may mean that payments to some countries cannot be made. The sanctions can be aimed at people, companies, goods, services, specific sectors and/or geographic areas, etc.
• You are responsible for ensuring that the payment does not violate the sanctions regulations and for carrying out the necessary investigations. An overview of the Norwegian regulations can be found here: Export checks
• Norwegian entities must also observe the US sanctions regime as long as the activity involves a US person, import or export of products with US content or origin, or if a transaction is made in US dollars (USD). A summary of the US rules and legislation and the search page can be found here: Sanctions Programs and Country Information and Sanctions List Search
• Currently, it is especially important to focus on transactions in the following countries/geographical areas: Iran, North Korea, Russia, the Crimea and Sevastopol, Cuba, Libya, Sudan, Syria and Somalia.