---
title: "P/F Foroya Banki SWIFT/BIC code FIFBFOTXXXX · Faroe Islands | Elucidate"
description: "SWIFT/BIC code FIFBFOTXXXX for P/F Foroya Banki, Faroe Islands. 1 branch BIC, LEI 5299005W3ZSR35ZYJH59, addresses and Swift connectivity."
url: https://elucidate.co/directory/p-f-foroya-banki-fifbfotx
---
1. [Directory](https://elucidate.co/directory)
2. [Faroe Islands](https://elucidate.co/directory/country/fo)
3. P/F Foroya Banki
Faroe Islands · Financial institution
# P/F Foroya Banki
Legal name in the LEI record P/F Føroya Banki
BIC **FIFBFOTXXXX** LEI **[5299005W3ZSR35ZYJH59](https://search.gleif.org/#/record/5299005W3ZSR35ZYJH59)** Licence no. **Not on a tracked register** Connected to Swift [**1** branch code](https://elucidate.co/directory/p-f-foroya-banki-fifbfotx#branches) [Claim this profile](https://elucidate.co/directory/p-f-foroya-banki-fifbfotx#claim)
## Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
## Swift network
Swift’s ISO 9362 BIC directory
- **BIC:** FIFBFOTXXXX head office
- **Connection to Swift:** Connected to Swift
- **Swift GPI:** Not on the member list
- **Payment schemes and systems:** [NCT Inst](https://elucidate.co/directory/p-f-foroya-banki-fifbfotx#schemes)
- **Branch codes:** [1 branch code](https://elucidate.co/directory/p-f-foroya-banki-fifbfotx#branches)
- **Other BIC with this LEI:** [BANOGLG2](https://elucidate.co/directory/bankivik-banoglg2)
- **BIC first registered:** 1988-09-19
- **Last updated:** 2025-09-06
## Identifiers
Head-office record
- **BIC:** FIFBFOTXXXX
- **How the BIC breaks down:** 1. FIFB Bank 2. FO Country · Faroe Islands 3. TX Location 4. XXX Branch · head office
- **Branch description:** Not recorded in the directory
- **LEI:** 5299005W3ZSR35ZYJH59
- **LEI record:** [View on GLEIF ↗](https://search.gleif.org/#/record/5299005W3ZSR35ZYJH59)
- **How the LEI was matched:** BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
## Profile
- **Type:** Financial institution
- **Regulation:** Not on a tracked register
- **Register licences:** None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- **Country · region:** Faroe Islands · Europe & Central Asia
- **Trading venues (MIC):** No MIC registered under this LEI list of 2026-09-17
- **OFAC sanctions:** No listing cites this BIC
- **EU sanctions:** No listing matched this BIC or its LEI
- **Country sanctions:** No country programme
- **Founded:** 1906
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
## Ownership and group
GLEIF relationship records
GLEIF’s relationship records name no parent for this LEI, and no group page is published for it.
## Addresses
- **Registered address:** 5 OKNARVEGUR TORSHAVN 110 3048 FAROE ISLANDS
- **Operational address:** 5 OKNARVEGUR TORSHAVN 110 TORSHAVN POB 3048 FAROE ISLANDS
## ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- **Identified by:** BIC, with its LEI
- **Roles in CBPR+:** Any agent, including the instructing and instructed agents
### CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
```xml
FIFBFOTXXXX
5299005W3ZSR35ZYJH59
```
### Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
```xml
FIFBFOTXXXX
5299005W3ZSR35ZYJH59
P/F FOROYA BANKI
TORSHAVN
FO
5 OKNARVEGUR TORSHAVN 110 3048
```
The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
## Payment schemes and systems
EPC registers of 2026-09-11 · ECB T2 list of 2026-07-02 · ECB TIPS list of 2026-09-01 · SIX Bank Master valid on 2026-09-28 · NPC participants of 2026-09-25
| Scheme or system | Since | Registered with | Note |
| --- | --- | --- | --- |
| Nordic Instant Credit Transfer (NCT Inst)ISO 20022 messages | 2025-04-22 | Head office | — |
NCT and NCT Inst dates are when the institution became ready for the scheme.
“ISO 20022 messages” marks a scheme or system whose rulebook or operator specifies ISO 20022 for messages between participants.
## About
From Wikidata, matched on this institution's BIC or LEI
Photo: Teitur33 · [CC BY-SA 4.0](https://creativecommons.org/licenses/by-sa/4.0) · [Wikimedia Commons](https://commons.wikimedia.org/wiki/File:BANK_NORDIK_CLEAN_JPG.jpg) · [original](https://thumb.wikimedia.org/wikipedia/commons/thumb/6/6c/BANK_NORDIK_CLEAN_JPG.jpg/960px-BANK_NORDIK_CLEAN_JPG.jpg?utm_source=commons.wikimedia.org&utm_campaign=imageinfo&utm_content=thumbnail)
- **Founded:** 1906
- **Headquarters:** Tórshavn
- **Website:** [bankin.fo ↗](https://www.bankin.fo/)
- **Wikipedia:** [BankNordik ↗](https://en.wikipedia.org/wiki/BankNordik)
- **Wikidata:** [Q722928 ↗](https://www.wikidata.org/wiki/Q722928)
## Network
### Branch codes
| BIC | Branch | City | Address | LEI | Updated |
| --- | --- | --- | --- | --- | --- |
| [FIFBFOTXKON](https://elucidate.co/directory/p-f-foroya-banki-fifbfotx-kon) | KONTANTDEPOT | Torshavn | 5 OKNARVEGUR TORSHAVN 110 TORSHAVN POB 3048 FAROE ISLANDS | — | 2024-07-12 |
[See every BIC in Faroe Islands →](https://elucidate.co/directory/country/fo#bics)
## Related institutions
### Same legal entity
- [Bankivik BIC BANOGLG2 Financial institution Not on a tracked register Greenland · Not on a tracked register · LEI 5299005W3ZSR35ZYJH59](https://elucidate.co/directory/bankivik-banoglg2)
Other BICs mapped to the same LEI.
### Largest institutions in the Faroe Islands
- [Betri Banki P/F BIC EIKBFOTF Financial institution Not on a tracked register Faroe Islands · Not on a tracked register · LEI 2138009MQOMM5QRC4N88](https://elucidate.co/directory/betri-banki-p-f-eikbfotf)
- [Nordoya Sparikassi BIC NOYAFO21 Financial institution Not on a tracked register Faroe Islands · Not on a tracked register · LEI 5493007CF4BMP2NU7141](https://elucidate.co/directory/nordoya-sparikassi-noyafo21)
- [Fossbankin BIC FOSSFO21 Financial institution Not on a tracked register Faroe Islands · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/fossbankin-fossfo21)
- [Nordoya Sparikassi BIC NOYAFOT3 Financial institution Not on a tracked register Faroe Islands · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/nordoya-sparikassi-noyafot3)
- [P/F Suduroyar Sparikassi BIC SUSPFOT1 Financial institution Not on a tracked register Faroe Islands · Not on a tracked register · LEI 5493007B6KNLLMFKDJ80](https://elucidate.co/directory/p-f-suduroyar-sparikassi-suspfot1)
[See every BIC in Faroe Islands →](https://elucidate.co/directory/country/fo#bics)
Claim this profile
## Work at P/F Foroya Banki?
Claim this page to have it marked as verified by the bank, and to send us corrections. We verify every claim before anything changes on the page.
1. 01 **Submit** Tell us who you are, using your work email.
2. 02 **We verify** We check the email domain and confirm your role with the bank. This usually takes up to five business days.
3. 03 **Profile claimed** The page is marked as claimed and verified. You can send us corrections at any time.
Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
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.
[Read the methodology →](https://elucidate.co/directory/methodology)
Credits for this page
- **Payment schemes and systems**—Source: Nordic Payments Council, List of Scheme Participants.
- **Wikidata**—CC0, matched on the BIC or LEI recorded in Wikidata. It is community-edited, so check key facts.
## Assess the financial crime risk behind a BIC
A BIC identifies an institution; it does not assess it. The [Elucidate FinCrime Index (EFI)](https://elucidate.co/ratings) is an independent score of the financial crime risk of banks, built for correspondent banking and counterparty due diligence.
[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.