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Norwegian Krone Payment Guide

Complete information about making payments in NOK

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NOK
kr
Norwegian Krone

Official currency of Norway

Plural: Kroner

ISO Country Code

NO
Country Code

Decimal Places

2 / 4
Amount / Rate

Subunit

øre
Plural: øre
Payment Methods Available
Priority Payment
Standard Payment

Payment Options

Available payment methods and requirements

Choose the right payment method for your needs
Priority Payment
Fast processing with priority service
M
Method

SWIFT

Cut-off Time (UK)
10:00
D
Delivery Time

Same Day

M
Max Amount

No limit

D
Destination

Any (excluding sanctioned)

Trace
Available
Recall
Available
Ultimate Payer Displayed
Available

Recipient Name

Required

Recipient Address

Required

Recipient City

Required
O

Recipient Bank Code

Optional

BIC/SWIFT

Required

IBAN

Required
Standard Payment
Standard payment processing
M
Method

Norwegian Interbank Clearing System

Cut-off Time (UK)
10:00
D
Delivery Time

Same Day

M
Max Amount

25,000,000 NOK

D
Destination

Norway

Trace
Not Available
Recall
Not Available
Ultimate Payer Displayed
Not Available

Recipient Name

Required

Recipient Address

Required

Recipient City

Required

Recipient Bank Code

Required
O

BIC/SWIFT

Optional

Account Number

Required
O

IBAN

Optional

Currency Holidays

Currency settlements pause on public or bank holidays.

Currency Holiday Calendar
Official non-business days for this currency
  • Dec
    25
    2025
    Christmas Day
    In 134 days

    Thursday, December 25, 2025

  • Dec
    26
    2025
    Boxing Day
    In 135 days

    Friday, December 26, 2025

Only showing holidays up to 7 days in the past and all future dates

Restricted Regions

Areas with payment limitations

Restricted Regions
Areas with payment limitations or restrictions
The following regions have payment restrictions:
Iran
North Korea
Syria
Crimea Region
Cuba
Russia
Belarus
Payments to these regions may require additional verification

Account Format

Standards for account numbers and IBAN

Account Format & Structure
Standardised format for financial accounts with this currency

Format Standards

Format TypeStructure Pattern
BBAN

Basic Bank Account Number

BBBB-AAAAAAAAAA
IBAN

International Bank Account Number

NOKK BBBB CCCC CCX
Format Key Legend
K:IBAN check digits
B:National bank code
C:Account number
X:Modulo-11 national check digit
Validate IBAN

Example Accounts

Account TypeExample Format

B

Bank Code

8601

A

Account Number

11179491

B

BBAN

8601-11179491

I

IBAN

NO93860111179491

Always double-check account formats before initiating payments to ensure successful transactions.

Additional Notes

Important information and special considerations

Special Considerations
Important notes and requirements for NOK payments

Please review these important notes before processing payments in NOK

  • 1

    NOK is a non-euro Scandinavian currency with a floating exchange rate.
  • 2

    IBAN is required for SWIFT payments; local payments use BBAN.
  • 3

    SWIFT messages must use permitted characters: letters, numbers, spaces, and symbols / – ? : ( ) . , ‘ +
  • 4

    Non-ASCII characters will be transformed or removed based on domestic and SWIFT restrictions.
  • 5

    Non-supported characters will be transformed to EBCDIC equivalent or removed on a best endeavors basis in order to comply with the restrictions of the Swift payment network. The permitted characters on the Swift network are letters, numbers, spaces and the following symbols: / – ? : ( ) . , ‘ +

For more information about payment requirements for NOK, contact your account manager or refer to the latest regulations.


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