Question 1

What is the SWIFT code for Ivy Pay Oy?

Accepted Answer

The SWIFT/BIC code for Ivy Pay Oy is IVPYFIH2. 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 Ivy Pay Oy?

Accepted Answer

To send money internationally to Ivy Pay Oy, provide your bank with the SWIFT/BIC code IVPYFIH2 (HELSINKI, Finland) along with the recipient's full IBAN. Your bank will route the transfer via the SWIFT network.

Question 3

Is Ivy Pay Oy a SEPA member?

Accepted Answer

Yes, Ivy Pay Oy 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 IVPYFIH2 mean?

Accepted Answer

In the BIC code IVPYFIH2: "IVPY" is the institution code identifying Ivy Pay Oy, "FI" is the ISO 3166-1 country code for Finland, and "H2" is the location code indicating the bank's city or timezone zone.

Question 5

Who owns Ivy Pay Oy?

Accepted Answer

Ivy Pay Oy is owned by Ivy GmbH, a banking group based in Germany. Ivy Pay Oy is registered in Finland as a local entity, while its ultimate ownership sits with the parent group in Germany.

IVPYFIH2

Frequently Asked Questions