Swedbank AS SWIFT/BIC code

Swedbank AS SWIFT code: HABAEE2X

Whether you are given HABAEE2X or HABAEE2XXXX, it is the identical address for Swedbank AS in Estonia. A BIC does one job: it ensures that an international payment reaches the right bank. You will need it mainly for payments that cross a border.

Below we go through the practical questions: money coming in from abroad, paying someone in another country and how to check the code before you hit send. The SWIFT code on its own cannot identify an individual account holder; that is what the account number or IBAN is for.

Verifying the SWIFT code of Swedbank AS

Ask the recipient to send you the account details straight from their banking app. If the code you have does not match HABAEE2X or HABAEE2XXXX, do not guess.

If the code is wrong, the payment might get stuck, be returned or cost extra. Remember the account number: an error there can be more difficult to undo than a wrong BIC.

Many banking apps validate the format of IBANs – that confirms the format, not the owner. Where available, a name check before sending gives extra certainty. When you pay someone new, many people start with a small test amount before sending the rest.

About this information

We gather bank codes using public sources and check them regularly. Even so, banks merge or change codes and our data may lag behind. The figures we show reflect our own data.

Use our data as a reference, rather than as the last word – the bank details from the recipient are leading. GoldexPay is an independent comparison service and not part of Swedbank AS. Found outdated information? Let us know via our contact form so we can correct it.

Watch out for payment fraud

Be alert if someone unexpectedly wants you to send money to another account. A valid SWIFT code says nothing about whether the request is genuine.

Always confirm changed bank details through a phone call, using a number you already had. Be suspicious of urgent requests, odd spelling or a sender address that is slightly off. If money has already gone to a fraudster, call your bank right away: the sooner they act, the better the chance of a recall.

People receiving money can be targeted as well: one known trick is an overpayment and then sends a request to refund the difference abroad. A payment confirmation from the sender proves nothing.

Receiving money from abroad at Swedbank AS

A sender in another country needs a few details from you. That means: your name exactly as it appears on the account, your account number or IBAN, the BIC HABAEE2XXXX (or HABAEE2X) and sometimes your address.

You can add the bank name and its city too, because some payment forms have separate fields for them. A mistake in your account number is more trouble than it looks, so copy the details from your online banking.

What lands in your account is often less than what was sent. Charges on incoming payments vary from bank to bank – the price list of Swedbank AS tells you what applies. Make clear with the sender who covers the fees before the money is sent.

What a transfer from Swedbank AS abroad really costs

What you pay for an international transfer has more than one component – not just the fee on your screen. There is the fee for the transfer itself, sometimes charges from correspondent banks in between and, most importantly, the margin on the exchange rate.

The markup on the rate is often the largest cost. An easy check: set the rate you get next to the mid-market rate for the same moment and look at the difference.

For a lot of routes, a specialist provider is less expensive than a bank. Next time you send money, take a minute to compare the total cost via GoldexPay. You can still keep your account at Swedbank AS as the source of the money.

Paying into Swedbank AS in EUR

Accounts at Swedbank AS are typically held in EUR, the local currency of Estonia. If you send money in a different currency, the amount gets converted at some point: by your bank, an intermediary or Swedbank AS itself. You rarely see a separate charge for the conversion – the cost sits in the rate.

Who converts the money matters. Often you pay less if you send EUR straight away via a transfer service that converts near the mid-market rate rather than letting the receiving bank convert.

The rate for EUR fluctuates throughout the day and quotes are often valid only for a short time. For regular payments, a slightly better rate make a real difference over time.

Which of the 2 codes of Swedbank AS do you need?

With 2 codes in 1 locations, Swedbank AS belongs to the banks that use separate codes for branches and departments. The main code is HABAEE2XXXX.

For the vast majority of incoming transfers, the head office code HABAEE2XXXX is what you need. A branch code only makes sense if the account holder explicitly asks for it.

Not sure which code to use? Ask the recipient, or look at a recent statement from Swedbank AS. Branch codes can change when banks reorganise.

Why Swedbank AS has an 8- and an 11-character code

Every SWIFT/BIC code has the same eight core characters: a four-letter bank code, two letters for the country and a two-character location code. That gives you HABAEE2X, the short form of the code.

Many payment forms accept either length. If yours requires eleven characters, use HABAEE2XXXX.

Enter the code in one piece, in capitals and without separators. Pasting the code beats retyping it.

Do you need HABAEE2X for a SEPA transfer?

Inside SEPA, euro payments to Swedbank AS follow common rules. The BIC field is often optional for those payments.

The BIC does come into play for payments in other currencies. If your banking app has a field for the BIC regardless, adding HABAEE2X is fine.

Euro payments within SEPA usually arrive within one business day, and instant transfers in seconds where both banks support them. As long as no currency is converted, a SEPA transfer tends to be cheap; it is the conversion that costs money.

When will the money arrive at Swedbank AS?

A SWIFT payment usually takes one to a few business days. Payments made late in the day or just before weekends and holidays usually go out the next business day. Sometimes a bank wants to know what the payment is for.

Many banks use SWIFT gpi. Each gpi transfer carries a unique reference, the UETR that banks can use to trace it. Specialist transfer services often provide tracking online so you can see where the money is.

A missing payment is investigated from the sending side. Ask the sender for a copy of the payment confirmation including the reference – it helps your own bank look for the money.