Calculation and validation of IBANs

Calculation and validation of IBANs In other European countries Calculation and validation of IBANs

With the calculation and validation service for IBAN account numbers you can convert the account numbers in your company’s account ledger into IBAN account numbers and you will get the related BIC codes for your use.

Once the IBANs and BICs are already updated in the account ledger, you can use the same service to check the validity of IBANs and BICs all over Europe. The checking is done for the account numbers of the SEPA banks and other IBAN account banks in the Single Euro Payments Area.

With the service you can also get confirmation that the domestic Nordea accounts in the ledger are still valid accounts.
Account numbers in the following banks in Finland can be converted:

  • Nordea
  • SHB
  • SEB
  • Danske Bank
  • DnB NOR
  • Swedbank Finland
  • S-Pankki
  • Aktia, Savings Banks and Local Cooperative Banks
  • Cooperative Banks
  • Bank of Ålands

You can start using the service by making an agreement at a Nordea branch.

Read the service description for more detailed information on the adoption and use of the service.

In other European countries

We will help your company with this!

In payments within the Euro zone, the IBAN account number and related BIC code are used as the bank connection information. If your company has business operations in other Euro zone countries, the payee's account numbers must be updated to the SEPA era.

The cooperation network which Nordea has built in various Euro zone countries offers you various alternatives which you can use to convert domestic account numbers to the IBAN format.

For further information, contact your Nordea contact person or call Nordea Business Centre, tel 0200 26262 (local network charge/mobile call charge). Service hours on banking days 9.00-16.30.

Products in focus All products Products in focus

Corporate Current Account

Corporate Current Account is a payment account suitable for large and medium-sized enterprises.

The account can be complemented with all the necessary services for managing everyday payment services.

Foreign Currency Account

You need a Foreign Currency Account for taking care of payments outside the Eurozone.

It is a simple way to pay invoices in foreign currencies. You can also use your account for currency position management.

All products

Corporate Disposal Account

An account for small and medium-sized enterprises.

A flexible payment account to which you can link all payment services.

Corporate Current Account

Corporate Current Account is a payment account suitable for large and medium-sized enterprises.

The account can be complemented with all the necessary services for managing everyday payment services.

Foreign Currency Account

You need a Foreign Currency Account for taking care of payments outside the Eurozone.

It is a simple way to pay invoices in foreign currencies. You can also use your account for currency position management.

Cash management

Liquidity management aims to guarantee your company's ability to meet its payment obligations.

An important element is efficient cash management.

Balance statement

Retrieving a balance statement is easy to do in Netbank or file transfer.

The balance statement shows the balances and transferred interests of accounts and credit accounts on the last day of the month.

Advice on accounts and monitoring of transactions

Hand turning pages 

IBAN and BIC

International Bank Account Number and Bank Identifier Code.

Woman by computer 

Opening an account

Opening a bank account for your business is easy when you have the required documents with you in Finnish, Swedish or English.