Question 1

What is the SWIFT code for ICA Banken AB?

Accepted Answer

The SWIFT/BIC code for ICA Banken AB is IBCASES1. This 8-character code identifies the bank in international wire transfers and is registered with SWIFT (Society for Worldwide Interbank Financial Telecommunication).

Question 2

How do I send an international wire transfer to ICA Banken AB?

Accepted Answer

To send money internationally to ICA Banken AB, provide your bank with the SWIFT/BIC code IBCASES1 (VASTERAS, Sweden) along with the recipient's full IBAN. Your bank will route the transfer via the SWIFT network.

Question 3

Is ICA Banken AB a SEPA member?

Accepted Answer

Yes, ICA Banken AB is a SEPA (Single Euro Payments Area) member. Euro transfers within the SEPA zone can be processed as fast, low-cost SEPA Credit Transfers using the recipient's IBAN — no SWIFT fees required for intra-SEPA payments.

Question 4

What does the BIC code IBCASES1 mean?

Accepted Answer

In the BIC code IBCASES1: "IBCA" is the institution code identifying ICA Banken AB, "SE" is the ISO 3166-1 country code for Sweden, and "S1" is the location code indicating the bank's city or timezone zone.

IBCASES1

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