SWIFT/BIC codes in Sweden

Sweden: banks and their SWIFT/BIC codes

On this page you find the SWIFT/BIC codes of 421 banks in Sweden. Every code points to a bank or a specific branch or department and tells other banks where an international payment should go.

Pick a bank below to view the head office code and its other codes, plus practical notes for sending and receiving money. Further down you can read how codes from Sweden are built, how to send money there without overpaying and what to check before you pay.

Paying in SEK: what conversion costs you

The local currency in Sweden is the Swedish Krona (SEK). If you send money in a different currency, the amount gets converted somewhere along the way: by your bank, an intermediary or the receiving bank.

Which bank converts the money makes a difference. Compare what SEK the recipient gets with different services; the difference between options can be larger than you expect. Exchange rates change during the day – some providers let you lock in a rate.

How long does a transfer to Sweden take?

There is no single delivery time for transfers to Sweden: some land within a day, others take several business days. Transfers sent late in the day or just before weekends and holidays usually go out the next business day.

If the money is late, the sender should contact the sending bank and ask for the status or the UETR; only the sending side can start an official trace. Specialist transfer services usually show tracking in their app, which makes it easier to see where the money is.

What a sender needs to pay you in Sweden

If you expect money from abroad in Sweden, give the sender a complete set of details. Give them the account holder’s name, the IBAN or account number, the BIC of your bank and your address, which some banks require.

Your bank’s code is in the list on this page. It helps to include your bank’s name and city as well, since some payment forms ask for it.

The amount you receive is often lower than the amount sent. Intermediary banks may deduct a fee and your own bank may charge for processing, and if the money is converted, a markup on the rate applies. On invoices, state who bears the costs to avoid a shortfall.

The cheapest way to send money to Sweden

When you send money to Sweden with your bank, the fee you see is only part of what you pay. There is a transfer fee, possibly fees from correspondent banks along the way and, most importantly, the exchange rate markup if the money is converted.

The markup on the rate tends to be the largest part of the cost because it is hidden in the rate. A simple test: put the offered rate next to the mid-market rate and work out the difference on your amount.

Money transfer services frequently offer rates closer to the mid-market rate and lower fees. Before your next transfer to Sweden, take a minute comparing the total cost on GoldexPay.

SEPA transfers to Sweden

Inside SEPA, euro transfers to Sweden use common rules, so the IBAN does the job in most cases. A field for the BIC is usually optional for those payments.

A SWIFT code still come into play when the currency is not euros and for transfers from outside SEPA. Instant euro transfers are widely available within SEPA – check whether your bank supports them. Provided the payment stays in euros, the transfer is usually cheap.

Verifying a SWIFT code from Sweden

Ask the recipient to copy the account details directly from their banking app. When the code you were given does not match the code listed here, do not guess: check with the recipient or the bank.

Our SWIFT/BIC directory is compiled from publicly available sources. Banks reorganise, change names and change codes – a directory can be a step behind. For a payment of any size, check the BIC with the recipient’s bank. GoldexPay is an independent comparison service, not a bank.

Be wary of invoices with changed bank details. Always confirm a change of bank details by phone, using a number you already had.

The largest SWIFT network in Sweden: Nasdaq Omx Broker Services Aktiebolag

Of all banks we list for Sweden, Nasdaq Omx Broker Services Aktiebolag has the most SWIFT codes. The head office uses OMBSSESSXXX.

Practice differs in how many codes they register – a high count is not a measure of size. Unless a branch code is given, the head office code OMBSSESSXXX works for transfers to this bank.

The structure of a Sweden SWIFT/BIC code

Bank identifier codes follow one international format: 8 characters, sometimes followed by three more. It starts with four letters for the bank, then two letters for the country and a two-character location code.

For banks in Sweden, letters five and six show the ISO country code of Sweden, which makes these codes easy to recognise. Codes with a different country code belong to a bank abroad, even if the bank name looks familiar.

The long version ends in three characters for a branch. Use a branch code just if the recipient’s bank asks for it.