Skandinaviska Enskilda Banken SWIFT/BIC code

What ESSEDKKK means for a payment to Skandinaviska Enskilda Banken

Whether you are given ESSEDKKK or ESSEDKKKXXX, it is the same identifier for Skandinaviska Enskilda Banken in Denmark. A SWIFT code tells the sending bank exactly which bank should receive the money. In daily life you mostly see the code on international invoices, in your banking app and in the bank details of Skandinaviska Enskilda Banken customers.

Below we go through the practical questions: money coming in from abroad, sending money abroad and how to verify the code before you confirm a payment. The SWIFT code alone does not identify a personal account; that is what the IBAN or account number .

SEPA payments and the Skandinaviska Enskilda Banken BIC

Because Denmark is in the SEPA zone, a euro payment into Skandinaviska Enskilda Banken from within the SEPA area usually only needs the IBAN. Many banks do not require the BIC for these payments.

You will still need ESSEDKKKXXX when sending payments in other currencies or money from outside the SEPA area. If a payment form asks for the BIC anyway, entering ESSEDKKK is fine.

Instant euro transfers are widely supported across SEPA; check with Skandinaviska Enskilda Banken whether it applies to your account. As long as the payment stays in euros, the transfer tends to be cheap.

Danish Krone (DKK) and conversion costs

Denmark pays in the Danish Krone (DKK). Money sent in a different currency is exchanged into DKK, and whoever converts it chooses the rate. Every conversion costs something – usually through the rate rather than a fee.

Who converts the payment matters: every bank has its own margin. In many cases you pay less if you send DKK straight away via a transfer service that converts near the mid-market rate, so that the receiving bank does not need to convert again.

Exchange rates move all the time – some services let you fix a rate in advance. On larger amounts, a small difference in the rate adds up quickly.

Head office or branch code at Skandinaviska Enskilda Banken?

Our database contains 4 SWIFT/BIC codes for Skandinaviska Enskilda Banken, spread over 1 cities. Next to the head office code ESSEDKKKXXX, there are codes for branches, departments or specific services.

For the vast majority of incoming transfers, the head office code ESSEDKKKXXX is the right choice. Just use a branch code when the recipient explicitly asks for it.

The best way is to take the code straight from the account holder’s statement. Codes can change when banks reorganise, so a code from an old document is not always valid.

Where our SWIFT data comes from

We gather SWIFT/BIC codes from public sources and check them from time to time. Still, banks merge or change codes. Counts and locations come from our directory and are not confirmed by Skandinaviska Enskilda Banken.

Before a payment that matters, always confirm the code with Skandinaviska Enskilda Banken or with the recipient. GoldexPay is an independent comparison service for money transfers and not affiliated with Skandinaviska Enskilda Banken. Should you notice something that is out of date, we welcome a message.

Paying someone abroad from your Skandinaviska Enskilda Banken account

The price of a payment abroad has more than one component. On top of the transfer fee, correspondent or intermediary banks may take a cut, and when the money changes currency, the bank often uses a rate that is less favourable than the actual market rate.

The markup on the rate tends to be the largest cost. Check their rate against the mid-market rate, the midpoint between buy and sell rates you see on financial sites. The difference is your real conversion cost.

Money transfer services frequently offer a rate near the mid-market rate with clearer fees. Next time you send money, it is worth comparing what arrives via GoldexPay rather than accepting the bank’s rate by default. Using a transfer service does not require closing your account at Skandinaviska Enskilda Banken: you simply pay the service from your account.

When will the money arrive at Skandinaviska Enskilda Banken?

An international transfer typically takes anywhere from one to several business days – it depends on currency, route and the banks in between. Weekends and public holidays in the sending or receiving country add a day or more to the journey. Sometimes a bank wants to know what the payment is for, which can hold things up.

Many banks use SWIFT gpi. Every payment carries a unique transaction reference, the UETR that banks can use to trace it. Keep your transfer receipt.

Only the sending bank can request a trace – the recipient’s bank often cannot see a payment that has not arrived. Ask the sender for the payment receipt – it helps your own bank look for the money.

Is ESSEDKKK still correct? How to check

The best place to find the correct BIC remains a document from the bank itself, such as a statement or the account details in online banking. When the code you were given differs from ESSEDKKK or ESSEDKKKXXX, do not guess – contact the recipient or Skandinaviska Enskilda Banken.

Mistakes in the SWIFT code tend to be costly rather than fatal: often the payment comes back, minus fees. An error in the account number can be more serious because it can reach the wrong person.

A format check by your bank only tells you that the code is valid. Some banks now compare the name against the account; take any warning seriously. A small test payment is worth it for a large first payment, even if it costs an extra fee.

Receiving money from abroad at Skandinaviska Enskilda Banken

To receive an international payment into your account at Skandinaviska Enskilda Banken, the sender has to have not just the BIC. In practice that means: your name as registered with Skandinaviska Enskilda Banken, your IBAN or account number, the BIC ESSEDKKKXXX and sometimes your postal address.

Their bank might also ask for the bank address of Skandinaviska Enskilda Banken; the head office in Copenhagen is usually fine. Check the details before you send them.

Do not be surprised if the incoming amount is below what the sender paid. Intermediary banks may deduct a fee, Skandinaviska Enskilda Banken may charge for incoming payments, and if the money is converted, a markup on the rate applies. Agree with the sender who pays which costs before the money is sent.

8 or 11 characters: ESSEDKKK versus ESSEDKKKXXX

The structure of a BIC is always the same: a bank code of four letters, a two-letter country code and a two-character location code. Combined, those parts form ESSEDKKK – the version you usually see online.

XXX at the end of ESSEDKKKXXX does not stand for a placeholder or an error: it stands for the head office of Skandinaviska Enskilda Banken. Some forms insist on 11 characters, and then you simply enter XXX after ESSEDKKK.

Do not add spaces when you type ESSEDKKK. Copying the code beats retyping it, because one wrong letter changes the bank.

Watch out for payment fraud

Scammers often send fake invoices containing new bank details. A correct SWIFT code says nothing about who owns the account.

Never trust contact details from the same email that announces the new account. Watch out for time pressure, unusual wording or a sender address that is slightly off. Already paid? Call your bank without delay and ask them to start a recall; also report it to the police.

Recipients are targeted too: a classic trick is an overpayment and then sends a request to refund the difference abroad. A screenshot of a transfer is no proof; only your own account shows what has arrived.