Country · Europe & Central Asia
Faroe Islands
Check who the institutions in the Faroe Islands are: whether each holds a BIC, which register lists it and whether an LEI is mapped. No tracked register covers the Faroe Islands, so every institution listed here holds a BIC.
Faroe Islands at a glance
Every row is the same 6 institutions, split by one attribute
Type
- Financial institution 6 · 100%
Identification
- BIC only 6 · 100%
Regulation level
- Not on a tracked register 6 · 100%
LEI
- LEI mapped 4 · 67%
- No LEI mapped 2 · 33%
View as table
| Attribute | Institutions | Share |
|---|---|---|
| Type | ||
| Financial institution | 6 | 100% |
| Identification | ||
| BIC only | 6 | 100% |
| Regulation level | ||
| Not on a tracked register | 6 | 100% |
| LEI | ||
| LEI mapped | 4 | 67% |
| No LEI mapped | 2 | 33% |
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
BIC data as at 23 September 2026
Institutions in the Faroe Islands
All 6 institutions in the Faroe Islands, with or without a BIC: prudentially supervised and larger institutions first. No OFAC or EU listing cites an institution in the Faroe Islands.
- Betri Banki P/F BIC EIKBFOTF Financial institutionNot on a tracked register
- Nordoya Sparikassi BIC NOYAFO21 Financial institutionNot on a tracked register
- P/F Foroya Banki BIC FIFBFOTX Financial institutionNot on a tracked register
- Fossbankin BIC FOSSFO21 Financial institutionNot on a tracked register
- Nordoya Sparikassi BIC NOYAFOT3 Financial institutionNot on a tracked register
- P/F Suduroyar Sparikassi BIC SUSPFOT1 Financial institutionNot on a tracked register
Regulation and supervision
None of the 22 tracked registers covers the Faroe Islands. All 6 institutions listed here hold a BIC; firms licensed only by the Faroe Islands’s national authorities are not listed.
Payments and connectivity
Of the 6 institutions in the Faroe Islands that hold a BIC, 50% are connected to Swift, as at 23 September 2026.
Connection to Swift
Institutions that hold a BIC, by connection type in Swift’s directory
A BIC does not imply a connection to the Swift network.
Payment schemes
Institutions that hold a BIC, reachable in each scheme
- Reachable in a SEPA scheme
- 4 institutions
All BIC codes in the Faroe Islands
Look up any of the 9 BIC codes registered in the Faroe Islands: the head offices and branch codes of the 6 institutions here that hold a BIC, with their LEIs and flags.
Where branch codes cluster
Branch codes by city, top 2
Other countries in Europe & Central Asia
The directory has pages for 59 other countries and territories in Europe & Central Asia.
AlbaniaAndorraArmeniaAustriaAzerbaijanBelarusBelgiumBosnia & HerzegovinaBulgariaCroatiaCyprusCzechiaDenmarkEstoniaFinlandFranceGeorgiaGermanyGibraltarGreeceGreenlandGuernseyHungaryIcelandIrelandIsle of ManItalyJerseyKazakhstanKosovoKyrgyzstanLatviaLiechtensteinLithuaniaLuxembourgMoldovaMonacoMontenegroNetherlandsNorth MacedoniaNorwayPolandPortugalRomaniaRussiaSan MarinoSerbiaSlovakiaSloveniaSpainSwedenSwitzerlandTajikistanTürkiyeTurkmenistanUkraineUnited KingdomUzbekistanVatican City
Sources & method
Each institution counts once, in one country: the BIC country when it holds a BIC, otherwise the country of the register that lists it. Licences in other countries are shown on its page.
Sanctions listings are matched on the BIC and on the LEI mapped to it, so they cover institutions that hold a BIC only. Institutions without a BIC are not screened. Always screen against the official lists.
Read the methodology →Sources for this page
- Swift ISO 9362 BIC directory—institutions and branch codes, mapped to LEIs through the Swift and GLEIF BIC-to-LEI relationship file. As at 23 September 2026
Assess the financial crime risk behind a counterparty
A BIC or a licence identifies an entity; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks and payment firms. Read about the FinCrime Index.
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