The Creditor Reference (RF) is an international business standard based on ISO 11649. In Finland the RF reference must be formed from a valid Finnish reference number, so the structure is "RF" + two check digits + valid Finnish reference.
Example
Phase 1: Forming the Finnish reference number
- Basis of the reference: 12345
- Check digit for the Finnish reference number: 3
- Finnish reference number: 123453
Phase 2: Forming the Creditor Reference from the Finnish reference number
- Basis of the Creditor Reference: 123453
- Check digits for the Creditor Reference: 81
- Creditor Reference: RF81123453
Useful links
- Introduction of the global Structured Creditor Reference in Finnish companies (by Finance Finland)
- Forming a Finnish reference number (by Finance Finland)
- Nordea Finland’s tool for calculating the check digit for Finnish reference number