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OverviewHow Airwallex Payouts work
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Use cases
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Older API versions

Norway

Overview

Transfer methodLocalLocalSWIFT
Supported currency(ies)NOKEURAUD, CAD, CHF, CNY, CZK, DKK, EUR, GBP, HKD, HUF, ILS, JPY, NOK, NZD, PLN, RON, SEK, SGD, THB, TRY, USD, ZAR
Transfer SchemeNorwegian Interbank Clearing SystemSEPA Instant / SEPA*
Flight time (business days)0-10-20-3
Maximum transaction limit25,000,000 NOKNo limitNo limit
Ultimate payer displayedYes

* Note that if payouts > 100,000 EUR or the recipient bank does not support SEPA Instant, the transaction will be processed via SEPA with a flight time of 0-2 business days.

Please refer to the sections below for the key required bank details and other considerations for each supported transfer method.

Local NOK payout

Required fieldsPermitted DataNotes
account_currency3-letter ISO 4217 currency codeShould be NOK
account_name2-200 charactersAccount holder name of the recipient’s bank account
account_number7 digits
account_routing_type1bank_code only
account_routing_value14 digitsSee below on Norwegian bank and account number formats
bank_country_code2-letter ISO 3166-2 country codeShould be NO

Norwegian bank and account number formats

For local payouts to Norway, you should provide locally formatted bank code and account number, which are possible to be extracted from a 15-character Norwegian IBAN:

  • Bank code (4 digits): 5th-8th character
  • Account number (7 digits): 9th-15th character

Supported scenarios

Note that Mainland China/Hong Kong customers are no longer supported in local NOK payouts.

Local EUR payout

Required fieldsPermitted DataNotes
account_currency3-letter ISO 4217 currency codeShould be EUR
account_name2-200 charactersAccount holder name of the recipient’s bank account
iban15 alphanumeric charactersShould be a valid and supported IBAN starting with country code “NO”
bank_country_code2-letter ISO 3166-2 country codeShould be NO

SWIFT payout

Required fieldsPermitted DataNotes
account_currency3-letter ISO 4217 currency codeOne of AUD, CAD, CHF, CNY, CZK, DKK, EUR, GBP, HKD, HUF, ILS, JPY, NOK, NZD, PLN, RON, SEK, SGD, THB, TRY, USD, ZAR
account_name2-200 charactersAccount holder name of the recipient’s bank account
iban15 alphanumeric charactersShould be a valid and supported IBAN starting with country code “NO”
bank_country_code2-letter ISO 3166-2 country codeShould be NO
On this page
  • Overview
  • Local NOK payout
  • Local EUR payout
  • SWIFT payout