Does BANK OF ALAND PLC accept SEPA Instant?
BANK OF ALAND PLC (AABAFI22XXX, MARIEHAMN, Finland) has been registered for SEPA Instant since 10 February 2022 according to the EPC register.
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Registered for SEPA Instant
Listed in the EPC SCT Inst register. Registration does not guarantee every transfer will be accepted.
- Institution
- BANK OF ALAND PLC
- BIC / SWIFT
- AABAFI22XXX
- City
- MARIEHAMN
- Country
- Finland
SEPA scheme participation
| Scheme | Status | Readiness date |
|---|---|---|
| SEPA Credit Transfer (SCT) | Registered | 28 January 2008 |
| SEPA Instant (SCT Inst) | Registered | 10 February 2022 |
| SEPA Direct Debit Core | Registered | 1 November 2010 |
Finland is in the euro area. Under Regulation (EU) 2024/886, its banks must be able to receive instant euro transfers since 9 January 2025 and send them since 9 October 2025. Payment and e-money institutions have until 9 April 2027.
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Frequently asked questions
Does BANK OF ALAND PLC accept SEPA Instant transfers?
It has been listed in the EPC SCT Inst register since 10 February 2022.
What is the BIC code of BANK OF ALAND PLC?
AABAFI22XXX.