SWIFT/BIC code FOLKSES1XXX
FOLKSES1XXX belongs to Folksam Spar Aktiebolag in Stockholm, Sweden.
Code details
| SWIFT/BIC code | FOLKSES1XXX |
|---|---|
| 8-character code | FOLKSES1 |
| Branch code | XXX |
| Bank | Folksam Spar Aktiebolag |
| Branch | Head office |
| City | Stockholm |
| Country | Sweden |
How the Folksam Spar Aktiebolag SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- FOLK Bank code
- 4 letters that identify the bank.
- SE Country code
- 2 letters for the country (ISO 3166).
- S1 Location code
- 2 characters for the city or region of the head office.
- XXX Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
Which institution uses SWIFT/BIC code FOLKSES1XXX?
The code FOLKSES1XXX belongs to the headquarters of Folksam Spar Aktiebolag in Stockholm, Sweden. It is the code to use when you send money to an account at Folksam Spar Aktiebolag.
What happens if I use FOLKSES1XXX with a typo?
The payment may be delayed, returned or charged extra fees. Double-check FOLKSES1XXX with the recipient before you confirm.
How long does it take to send money to Folksam Spar Aktiebolag?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 2–4 business days.
Do I need FOLKSES1XXX for a euro transfer to Sweden?
Sweden is part of the SEPA area. When you send euros the IBAN normally suffices. For other currencies you do need FOLKSES1XXX.
Are FOLKSES1 and FOLKSES1XXX the same SWIFT code?
Yes, they are. FOLKSES1 is the 8-character version of FOLKSES1XXX. The XXX at the end only refers to the head office, so either version routes your payment to Folksam Spar Aktiebolag in Stockholm.
What do the letters in FOLKSES1XXX mean?
FOLK is the institution code of Folksam Spar Aktiebolag, SE stands for Sweden, S1 is the location code and XXX means the main office.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.