Understanding Totens Sparebank and International Transfers

Totens Sparebank offers international transfers, allowing customers to send money abroad.

This service is available to customers who have a Totens Sparebank account.

To initiate an international transfer, customers can visit a branch or use online banking.

The bank's international transfer fees are competitive, making it a cost-effective option for those who need to send money abroad frequently.

Totens Sparebank's international transfer service supports multiple currencies, including the Norwegian krone.

The bank's online banking platform provides customers with real-time tracking of their international transfers.

Customers can also schedule transfers in advance to ensure timely receipt of funds by the recipient.

Totens Sparebank was born out of a need to serve a large market. It was initially run by arranging customer meetings in rented locations.

The bank's first customer meetings were held at Frydenlund and Nord-Steinsli, and later at Aas kommunelokale in Vestre Toten and Hunn in Vardal. These locations were chosen for their accessibility.

The bank's early years were marked by challenges in serving such a large market, leading to a proposal to split the bank in 1898. After lengthy negotiations, the bank was finally split into Totens Sparebank and Vardal Sparebank in 1909.

The bank continued to hold customer meetings in rented locations until 1918, when it finally had its own building, Vestre Valle, which it had purchased in 1910. However, this was short-lived, as the bank sold the property to Østre Toten kommune in 1916.

If you're planning to send or receive international money transfers, you'll need a Totens Sparebank SWIFT code. Yes, you need a Totens Sparebank SWIFT code for international transfers, and it's crucial for routing the funds to the correct bank and branch.

Traditional banks often process international transfers slowly and at a higher cost. This is why some people opt for alternative solutions like the Qonto business account for international transactions, which provides a swift, cost-effective, and secure solution.

You'll need the SWIFT code along with other essential details when initiating an international transfer to a Totens Sparebank bank account or if you're the recipient of funds in a Totens Sparebank bank account in Norway.

Totens Sparebank has a long and interesting history. The bank was initially run from leased locations, where the sole employees, who were both cashier and bookkeeper, would meet with at least two directors and clients.

The bank's first meetings were held at Frydenlund in Sukkestadsletta and Nord-Steinsli in Nordlia. Later, meetings were held in Aas kommunelokale in Vestre Toten, and on Hunn in Vardal.

It was challenging to serve such a large market, and in 1898, a proposal was made to split the bank. After long negotiations, the bank was divided into Totens Sparebank and Vardal Sparebank in 1909.

The bank held its meetings in leased locations from 1855 to 1860 at Groset in Nordlia, from 1860 to 1895 at Mellom-Rustad, and from 1895 to 1902 at Nedre Rustad.

In 1910, the bank purchased Vestre Valle, becoming the owner of its first property. However, in 1916, the property was sold to Østre Toten kommune, and the bank became a lessee again.

The bank continued to hold meetings in various locations until 1920, when it established a permanent office in Central Hotell on Raufoss.

To make an international transfer with Totens Sparebank, you can find your SWIFT code on your bank statement or by logging into your online banking account.

You can also get your SWIFT code by contacting Totens Sparebank directly.

The SWIFT code is often listed on the official Totens Sparebank website under banking information or help sections.

Totens Sparebank was first established and initially operated out of rented locations, hosting meetings with bank employees and directors along with customers.

The bank's first meetings were held at Frydenlund and Nord-Steinsli in Nordlia, later moving to Aas kommunelokale in Vestre Toten and Hunn in Vardal.

In 1898, a proposal was made to split the bank, which was eventually done in 1909, resulting in Totens Sparebank and Vardal Sparebank.

You can find your Totens Sparebank SWIFT code on your bank statement or by logging into your online banking account.

It's also listed on the official Totens Sparebank website under banking information or help sections.

Yes, you need a Totens Sparebank SWIFT code for international transfers, as it's crucial for routing the funds to the correct bank and branch.

You can obtain your Totens Sparebank SWIFT code by contacting Totens Sparebank directly.

Totens Sparebank has had a few notable moves in recent years.

The bank's headquarters on Lena needed more space after just 20 years, so in 1984, the business moved across the street to Vallehaven.

The bank has continued to grow, outgrowing its building and moving to the adjacent Audheimgården property.

In 1990, Totens Sparebank opened a sales office on Gjøvik, which quickly became a full-service branch.

This branch expanded into new locations four times before finally settling in Parkgata 6 in 2022.

Totens Sparebank has a diverse portfolio of investments, with stakes in various companies. One of its most significant investments is in Vallehaven AS, where it holds 100% of the shares.

Vallehaven AS has a substantial turnover of 4,290 and a negative driftsresultat of 5,570. It also has a significant egenkapital of 22,707. Totens Sparebank's investment in Vallehaven AS is a notable aspect of its ownership structure.

Totens Sparebank also has a stake in Eika Gruppen AS, holding 1,458,151 shares, which represents 5.9% of the company. This investment is significant, but not as substantial as its investment in Vallehaven AS.

Eika Gruppen AS has a number of subsidiaries, including Eika Vbb AS, Eika Boligkreditt AS, and Eika Gruppen AS. These subsidiaries have various levels of investment from Totens Sparebank.

Here are some key statistics on Totens Sparebank's investments in these subsidiaries:

These investments are a testament to Totens Sparebank's commitment to diversifying its portfolio and expanding its reach in the market.