Pension payment to a foreign bank account
If you wish, your pension can be paid to your foreign bank account. For that, we require your international IBAN account number and your bank’s BIC or SWIFT code, which your bank can provide you with.
If the pension is paid to a foreign account, we will pay the pension in the currency of the destination country. If you want the pension to be paid in euros, you can inform us of it in the online service on the Messages and documents page or via secure e-mail.
Reporting a new account number
You can change your account number yourself in our online service (you need Finnish banking codes or a mobile certificate to log in) or send the information to us by post.
You can print out and post the notification of a changed bank account form or send it to Varma by the “turvaposti” email encryption service. Notify us of your account number in IBAN format and the SWIFT/BIC code, and sign the notification of a changed bank account. Your bank account details cannot be given over the phone or via email, because the notification of a changed bank account must contain the pensioner’s signature.
Your bank may collect fees for transferring the pension
Varma pays pensions abroad always through a Finnish bank. The bank transfers the pension abroad usually in the currency of the receiving country. If the pension is paid to a country outside the EU and EEA, the Finnish bank will charge a commission on the pension. The foreign receiving bank may charge fees even if the pension is being paid to an EU or EEA country. Contact your foreign bank directly for information about the amount of the fees charged.