---
title: "Iceland: financial institutions, SWIFT/BIC codes and licences | Elucidate"
description: "41 institutions in Iceland (as at 23 September 2026): 37 hold a SWIFT/BIC code and 4 do not. 5 are on 2 tracked registers."
url: https://elucidate.co/directory/country/is
---

1.  [Directory](https://elucidate.co/directory)
2.  [Countries](https://elucidate.co/directory/country)
3.  Iceland

Country · Europe & Central Asia

# Iceland

Check who the institutions in Iceland are: whether each holds a BIC, which register lists it and whether an LEI is mapped. Two tracked registers cover Iceland, so institutions without a BIC appear where they list them.

41

Institutions

Active · plus 2 inactive

37

Hold a BIC

90% of institutions

5

On a tracked register

12% of institutions

21

LEI mapped

51% of institutions

40

BIC codes

Head offices and 3 branch codes

### Iceland at a glance

Every row is the same 41 institutions, split by one attribute

Type

-   Financial institution 33 · 81%
-   Payments & e-money 4 · 9.8%
-   Non-financial corporate 3 · 7.3%
-   Crypto 1 · 2.4%

Identification

-   [BIC only](https://elucidate.co/directory/search?source=bic,noregister&cc=IS) 36 · 88%
-   [BIC and a register licence](https://elucidate.co/directory/search?source=bic,register&cc=IS) 1 · 2.4%
-   [Register only, no BIC](https://elucidate.co/directory/search?source=nobic&cc=IS) 4 · 9.8%

Regulation level

-   [Prudential licence](https://elucidate.co/directory/search?reg=prudential&cc=IS) 5 · 12%
-   [Not on a tracked register](https://elucidate.co/directory/search?reg=none&cc=IS) 36 · 88%

LEI

-   LEI mapped 21 · 51%
-   No LEI mapped 20 · 49%

View as table

| Attribute | Institutions | Share |
| --- | --- | --- |
| Type |
| Financial institution | 33 | 81% |
| Payments & e-money | 4 | 9.8% |
| Non-financial corporate | 3 | 7.3% |
| Crypto | 1 | 2.4% |
| Identification |
| BIC only | 36 | 88% |
| BIC and a register licence | 1 | 2.4% |
| Register only, no BIC | 4 | 9.8% |
| Regulation level |
| Prudential licence | 5 | 12% |
| Not on a tracked register | 36 | 88% |
| LEI |
| LEI mapped | 21 | 51% |
| No LEI mapped | 20 | 49% |

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 · Registers retrieved 25 September 2026

[Institutions](https://elucidate.co/directory/country/is#institutions) [Regulation](https://elucidate.co/directory/country/is#registers) [Groups](https://elucidate.co/directory/country/is#groups) [Payments](https://elucidate.co/directory/country/is#payments) [BIC codes](https://elucidate.co/directory/country/is#bics)

## Institutions in Iceland

The first 25 of 41 institutions in Iceland, with or without a BIC: prudentially supervised and larger institutions first. No OFAC or EU listing cites an institution in Iceland.

-   [Blikk hugbúnaðarþjónusta hf. No BIC Payments & e-money Prudential licence Iceland · Licensed by Central Bank of Iceland · 530922-1620 (EBA-PSD2) · LEI 9845003BE3EC0E3BE412](https://elucidate.co/directory/blikk-hugbuna-ar-jonusta-hf-17369821c587)
-   [Monerium ehf. No BIC Payments & e-money Prudential licence Iceland · Licensed by Central Bank of Iceland · 5505121060 (EBA-PSD2) · No LEI mapped](https://elucidate.co/directory/monerium-ehf-707d2f8d47b6)
-   [Myntkaup ehf. · trading as Myntkaup No BIC Crypto Prudential licence Iceland · Licensed by Central Bank of Iceland · 636700BAJ82J2GWSP231 (ESMA-CASP) · LEI 636700BAJ82J2GWSP231](https://elucidate.co/directory/myntkaup-ehf-89f7282daf2f)
-   [Rapyd Europe Hf BIC VATOISRE Payments & e-money Prudential licence Iceland · Licensed by Central Bank of Iceland · 5006830589 (EBA-PSD2) · LEI 54930082MGSGPZGYYI39](https://elucidate.co/directory/rapyd-europe-hf-vatoisre)
-   [Straumur greiðslumiðlun hf. No BIC Payments & e-money Prudential licence Iceland · Licensed by Central Bank of Iceland · 6209221020 (EBA-PSD2) · LEI 636700DUNR2YSEKH8381](https://elucidate.co/directory/straumur-grei-slumi-lun-hf-6bdc965f8137)
-   [Central Bank of Iceland BIC SISLISRE Financial institution Not on a tracked register Iceland · Not on a tracked register · LEI 549300K5GD3JPA2LLG98](https://elucidate.co/directory/central-bank-of-iceland-sislisre)
-   [Teya Iceland Hf. BIC SLTPISRE Financial institution Not on a tracked register Iceland · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/teya-iceland-hf-sltpisre)
-   [Arctica Finance Hf. BIC ARNIISR1 Financial institution Not on a tracked register Iceland · Not on a tracked register · LEI 967600F5SHVSJ9H5F594](https://elucidate.co/directory/arctica-finance-hf-arniisr1)
-   [Arion Bank Hf BIC ESJAISRE Financial institution Not on a tracked register Iceland · Not on a tracked register · LEI RIL4VBPDB0M7Z3KXSF19](https://elucidate.co/directory/arion-bank-hf-esjaisre)
-   [Blikk Hugbunadarthjonusta Hf. BIC BLHUISR2 Financial institution Not on a tracked register Iceland · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/blikk-hugbunadarthjonusta-hf-blhuisr2)
-   [Byr Securities BIC BYSEISR1 Financial institution Not on a tracked register Iceland · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/byr-securities-byseisr1)
-   [Central Bank of Iceland BIC SISLISRX Financial institution Not on a tracked register Iceland · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/central-bank-of-iceland-sislisrx)
-   [Eimskipafelag Islands Hf BIC EIMIISRE Non-financial corporate Not on a tracked register Iceland · Not on a tracked register · LEI 549300IUR8Q7Y44KBL02](https://elucidate.co/directory/eimskipafelag-islands-hf-eimiisre)
-   [Fossar Markadir Hf BIC FOMRISR1 Financial institution Not on a tracked register Iceland · Not on a tracked register · LEI 529900T0SDZCXSN5QS72](https://elucidate.co/directory/fossar-markadir-hf-fomrisr1)
-   [Iceland Post Ltd., Postal Giro BIC ICGIISR1 Financial institution Not on a tracked register Iceland · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/iceland-post-ltd-postal-giro-icgiisr1)
-   [Icelandic Securities Ltd. BIC ICSCISR1 Financial institution Not on a tracked register Iceland · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/icelandic-securities-ltd-icscisr1)
-   [Indo Sparisjodur Hf BIC INDJISR2 Financial institution Not on a tracked register Iceland · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/indo-sparisjodur-hf-indjisr2)
-   [Islandsbanki Hf BIC GLITISRE Financial institution Not on a tracked register Iceland · Not on a tracked register · LEI 549300PZMFIQR79Q0T97](https://elucidate.co/directory/islandsbanki-hf-glitisre)
-   [Islandsbanki Securities BIC VISLISR1 Financial institution Not on a tracked register Iceland · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/islandsbanki-securities-vislisr1)
-   [Islenskir Fjarfestar Hf. BIC ISFJISR1 Financial institution Not on a tracked register Iceland · Not on a tracked register · LEI 5493001N50AD7VN22814](https://elucidate.co/directory/islenskir-fjarfestar-hf-isfjisr1)
-   [Joklar-Verdbref Hf BIC JOKLISR1 Financial institution Not on a tracked register Iceland · Not on a tracked register · LEI 254900UJN53SXXDTDW26](https://elucidate.co/directory/joklar-verdbref-hf-joklisr1)
-   [Kvika Banki Hf BIC VIRDISR1 Financial institution Not on a tracked register Iceland · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/kvika-banki-hf-virdisr1)
-   [Kvika Banki Hf. BIC AUCAISR1 Financial institution Not on a tracked register Iceland · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/kvika-banki-hf-aucaisr1)
-   [Kvika Banki Hf. BIC MPBAISRE Financial institution Not on a tracked register Iceland · Not on a tracked register · LEI 254900WR3I1Z9NPC7D84](https://elucidate.co/directory/kvika-banki-hf-mpbaisre)
-   [Lanasjodur Sveitarfelaga BIC LASVISR1 Financial institution Not on a tracked register Iceland · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/lanasjodur-sveitarfelaga-lasvisr1)

[See all 41 institutions in Iceland →](https://elucidate.co/directory/search?cc=IS)

[See the 2 institutions marked inactive →](https://elucidate.co/directory/search?status=i&cc=IS)

## Regulation and supervision

Two tracked registers cover Iceland, retrieved 25 September 2026. Of the 41 institutions here, 5 are on one of them. By regulation level: 5 prudentially supervised, 36 not on a tracked register.

### Registers covering Iceland

Institutions in Iceland holding an active licence or registration on each register

| Register | Publisher | Institutions here | Of which hold a BIC | Inactive | As at |
| --- | --- | --- | --- | --- | --- |
| [EBA PSD2 Register](https://elucidate.co/directory/register/eba-psd2) EBA-PSD2 | European Banking Authority (EBA) | [4](https://elucidate.co/directory/search?cc=IS&register=EBA-PSD2) | 1 | 2 | 25 September 2026 |
| [ESMA interim MiCA register of crypto-asset service providers](https://elucidate.co/directory/register/esma-casp) ESMA-CASP | European Securities and Markets Authority (ESMA) | [1](https://elucidate.co/directory/search?cc=IS&register=ESMA-CASP) | 0 | 0 | 25 September 2026 |

### Institutions that hold a BIC and are on a tracked register

Their register licences are shown on their page

-   [Rapyd Europe Hf BIC VATOISRE Payments & e-money Prudential licence Iceland · Licensed by Central Bank of Iceland · 5006830589 (EBA-PSD2) · LEI 54930082MGSGPZGYYI39](https://elucidate.co/directory/rapyd-europe-hf-vatoisre)

[See 1 institution that hold a BIC and are on a tracked register →](https://elucidate.co/directory/search?source=bic,register&cc=IS)

### Supervisors

Authorities named on the ECB list and on the active licences of institutions here

| Authority | Basis | Institutions |
| --- | --- | --- |
| Central Bank of Iceland | Licences on the tracked registers | 5 |

## Groups and systemic importance

GLEIF records the head office of 1 corporate group in the directory here.

### Largest other groups

GLEIF consolidation groups, by legal entities (LEIs) in this country

| Group | LEIs here | LEIs in the group |
| --- | --- | --- |
| [Kvika banki hf.](https://elucidate.co/directory/group/254900WR3I1Z9NPC7D84) | 2 | 2 |

### Groups headquartered here

Largest of 1, by legal entities in the directory

| Group | LEIs in the directory |
| --- | --- |
| [Kvika banki hf.](https://elucidate.co/directory/group/254900WR3I1Z9NPC7D84) | 2 |

[See all corporate groups →](https://elucidate.co/directory/group)

## Payments and connectivity

Of the 37 institutions in Iceland that hold a BIC, 32.4% are connected to Swift and 1 is a Swift GPI member, as at 23 September 2026. Network data does not exist for the 4 that do not hold a BIC.

### Connection to Swift

Institutions that hold a BIC, by connection type in Swift’s directory

-   Connected to Swift12 · 32.4%
-   Reverse billing9 · 24.3%
-   Passive participant (no connection)16 · 43.2%

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:** 7 institutions
- **T2 participants:** 1 institution
- **Swift GPI members:** 1 institution

[See 1 Swift GPI member →](https://elucidate.co/directory/search?cc=IS&flag=gpi)

## All BIC codes in Iceland

Look up any of the 40 BIC codes registered in Iceland: the head offices and branch codes of the 37 institutions here that hold a BIC, with their LEIs and flags.

[Download the list (JSON)](https://elucidate.co/data/banks/countries/IS.json)

## Other countries in Europe & Central Asia

The directory has pages for 59 other countries and territories in Europe & Central Asia.

[Albania](https://elucidate.co/directory/country/al) [Andorra](https://elucidate.co/directory/country/ad) [Armenia](https://elucidate.co/directory/country/am) [Austria](https://elucidate.co/directory/country/at) [Azerbaijan](https://elucidate.co/directory/country/az) [Belarus](https://elucidate.co/directory/country/by) [Belgium](https://elucidate.co/directory/country/be) [Bosnia & Herzegovina](https://elucidate.co/directory/country/ba) [Bulgaria](https://elucidate.co/directory/country/bg) [Croatia](https://elucidate.co/directory/country/hr) [Cyprus](https://elucidate.co/directory/country/cy) [Czechia](https://elucidate.co/directory/country/cz) [Denmark](https://elucidate.co/directory/country/dk) [Estonia](https://elucidate.co/directory/country/ee) [Faroe Islands](https://elucidate.co/directory/country/fo) [Finland](https://elucidate.co/directory/country/fi) [France](https://elucidate.co/directory/country/fr) [Georgia](https://elucidate.co/directory/country/ge) [Germany](https://elucidate.co/directory/country/de) [Gibraltar](https://elucidate.co/directory/country/gi) [Greece](https://elucidate.co/directory/country/gr) [Greenland](https://elucidate.co/directory/country/gl) [Guernsey](https://elucidate.co/directory/country/gg) [Hungary](https://elucidate.co/directory/country/hu) [Ireland](https://elucidate.co/directory/country/ie) [Isle of Man](https://elucidate.co/directory/country/im) [Italy](https://elucidate.co/directory/country/it) [Jersey](https://elucidate.co/directory/country/je) [Kazakhstan](https://elucidate.co/directory/country/kz) [Kosovo](https://elucidate.co/directory/country/xk) [Kyrgyzstan](https://elucidate.co/directory/country/kg) [Latvia](https://elucidate.co/directory/country/lv) [Liechtenstein](https://elucidate.co/directory/country/li) [Lithuania](https://elucidate.co/directory/country/lt) [Luxembourg](https://elucidate.co/directory/country/lu) [Moldova](https://elucidate.co/directory/country/md) [Monaco](https://elucidate.co/directory/country/mc) [Montenegro](https://elucidate.co/directory/country/me) [Netherlands](https://elucidate.co/directory/country/nl) [North Macedonia](https://elucidate.co/directory/country/mk) [Norway](https://elucidate.co/directory/country/no) [Poland](https://elucidate.co/directory/country/pl) [Portugal](https://elucidate.co/directory/country/pt) [Romania](https://elucidate.co/directory/country/ro) [Russia](https://elucidate.co/directory/country/ru) [San Marino](https://elucidate.co/directory/country/sm) [Serbia](https://elucidate.co/directory/country/rs) [Slovakia](https://elucidate.co/directory/country/sk) [Slovenia](https://elucidate.co/directory/country/si) [Spain](https://elucidate.co/directory/country/es) [Sweden](https://elucidate.co/directory/country/se) [Switzerland](https://elucidate.co/directory/country/ch) [Tajikistan](https://elucidate.co/directory/country/tj) [Türkiye](https://elucidate.co/directory/country/tr) [Turkmenistan](https://elucidate.co/directory/country/tm) [Ukraine](https://elucidate.co/directory/country/ua) [United Kingdom](https://elucidate.co/directory/country/gb) [Uzbekistan](https://elucidate.co/directory/country/uz) [Vatican City](https://elucidate.co/directory/country/va)

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 →](https://elucidate.co/directory/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
-   **EBA PSD2 Register**—European Banking Authority (EBA) · [register ↗](https://euclid.eba.europa.eu/register/pir/search) retrieved 25 September 2026
-   **ESMA interim MiCA register of crypto-asset service providers**—European Securities and Markets Authority (ESMA) · [register ↗](https://www.esma.europa.eu/esmas-activities/digital-finance-and-innovation/markets-crypto-assets-regulation-mica) retrieved 25 September 2026
-   **GLEIF relationship records (Level 2)**—accounting consolidation as reported to GLEIF · [about Level 2 data ↗](https://www.gleif.org/en/lei-data/access-and-use-lei-data/level-2-data-who-owns-whom) as at 25 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](https://elucidate.co/ratings).

[Book a demo](https://elucidate.co/demo-request)

Licence and registration data are drawn from the public registers of the regulators named on each page and shown for information only; the official register is always the authority. LEIs and ownership are from GLEIF. Directory and gpi data are drawn from SWIFT's public sources. SWIFT, Swift gpi and UETR are trademarks of S.W.I.F.T. SC, Avenue Adèle 1, 1310 La Hulpe, Belgium. Elucidate is not affiliated with, endorsed by or sponsored by SWIFT or any regulator named here. Elucidate does not provide payment or other financial services.