IBAN will be progressively introduced in most OECD countries to allow Straight Through Processing of cross border payments. SWIFT is the abbreviation of the Society for Worldwide Interbank Financial Telecommunication. €“ Because of the vast population and number of branch locations in India, it is necessary to include full details of the Beneficiary's Bank. There you need specific bank and its code, before you include the branch and beneficiary account information so the funds can be sent. Both must be correct or payment will be rejected.

CountryCityBank NameBranchSWIFT
Norway Ardalstangen Idre Sogn Sparebank Idre Sogn Sparebank IDRENO21XXX
 
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