Question 1

What is the SWIFT code for Aktieselskabet Lollands Bank?

Accepted Answer

The SWIFT/BIC code for Aktieselskabet Lollands Bank is LOBADK21. 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 Aktieselskabet Lollands Bank?

Accepted Answer

To send money internationally to Aktieselskabet Lollands Bank, provide your bank with the SWIFT/BIC code LOBADK21 (Nakskov, Denmark) along with the recipient's full IBAN. Your bank will route the transfer via the SWIFT network.

Question 3

Is Aktieselskabet Lollands Bank a SEPA member?

Accepted Answer

Yes, Aktieselskabet Lollands Bank 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, with no SWIFT fees required for intra-SEPA payments.

Question 4

What does the BIC code LOBADK21 mean?

Accepted Answer

In the BIC code LOBADK21: "LOBA" is the institution code identifying Aktieselskabet Lollands Bank, "DK" is the ISO 3166-1 country code for Denmark, and "21" is the location code indicating the bank's city or timezone zone.

LOBADK21

Frequently Asked Questions