What is P27?
P27 is a partnership between several leading banks in the Nordic region with the goal of creating the world’s first digital platform that will allow businesses and consumers to make real-time, cross-border payments to one another. The platform is intended to serve the 27 million people living in the Nordic region, which is where name P27 comes from.
P27 is a joint project between six of the largest banks in the Nordics: Danske Bank, Handelsbanken, Nordea, OP Financial Group, SEB and Swedbank. The ownership of P27 is divided equally among these owner banks.
As well as the:
- Faroe Islands
Countries & Currencies supported in P27:
Currencies supported as on Dec-2019 is as below:
- DKK- Danish Krone
- SEK- Swedish Krona
These are the “schema currencies” as per the Nordic Payments Directive
P27 current supported countries list:
(Note: Please refer the latest schema document when implementing)