SWIFT/BIC codes in Sweden: banks starting with C

Sweden: banks and their SWIFT/BIC codes

In Sweden our database holds 523 SWIFT/BIC codes. A SWIFT code shows the banks handling a transfer which institution should receive an international payment.

Look for the bank you need in the list and open its page for the full list of codes. The rest of this page covers how the codes work, what transfers cost and how to avoid mistakes.

Getting paid from abroad into an account in Sweden

To receive a transfer from abroad into a Sweden account, the sender needs more than the BIC. That means: your full name as your bank knows it, your account number or IBAN, the SWIFT/BIC code of your bank and sometimes your address.

Your bank’s code is in the list on this page but always compare it with your own bank details. It helps to add the name and city of your bank as well, since some payment forms ask for it.

Do not be surprised if the amount credited is smaller than the amount on the sender’s receipt. Correspondent banks can take a fee, your bank may charge for incoming payments, and when currencies differ, a markup on the rate applies. On invoices, state who bears the costs, so nobody is left short.

How SWIFT codes from Sweden are built

SWIFT/BIC codes follow the same format worldwide: 8 characters. First comes four letters for the bank, then a two-letter country code and a two-character location code.

You can recognise a bank code from Sweden from letters five and six – those always form the country code of Sweden. A code with a different country code belong to another country, even if the bank name looks familiar.

If the last three are XXX, it refers to the head office and the short version works just as well. In most cases the head office code is what you need, unless the recipient gives you a branch code.

Filter: banks in Sweden with :letter

Here you see a filtered list: just banks in Sweden whose name begins with :letter. The totals mentioned here cover all 421 banks and not only this letter.

Bank not listed? Its official name might start with a different letter – think of the full legal name instead of the brand. The complete list remains available when the letter filter does not help.

About our data and how to check a code

The best place to find the right code remains paperwork issued by the bank. When the code you were given does not match our list, do not guess.

We collect bank codes from publicly available data and update our list from time to time. Institutions reorganise, close branches and retire codes. Treat our data as a starting point rather than the last word: the bank details from the recipient come first. GoldexPay is not a bank and has no link to the banks in this list.

Be wary of invoices containing changed bank details, especially when they come by email. A real SWIFT code says nothing about whether a request is genuine.

When does money sent to Sweden arrive?

An international transfer to Sweden typically takes one to a few business days. Payments made late in the day or just before weekends and holidays often start a business day later.

A growing number of banks use SWIFT gpi. Every gpi transfer gets a unique reference, the UETR that banks can use to see where the money is. Specialist transfer services usually show a status online so you can follow the payment.

Which bank in Sweden has the most codes?

Of all banks in Sweden, Nasdaq Omx Broker Services Aktiebolag is listed with the largest number of SWIFT codes. Its head office code is OMBSSESSXXX.

Practice differs in whether they register branch codes – a high count is not a measure of size. Paying someone at Nasdaq Omx Broker Services Aktiebolag? Use OMBSSESSXXX unless the recipient gives you a branch code.

Sweden and the SEPA area

Since Sweden is part of the SEPA zone, a euro payment to a bank in Sweden usually only needs an IBAN. Most banking apps no longer ask for the BIC for these payments.

A SWIFT code still come into play for payments in other currencies. Instant payments in euros have become increasingly supported within SEPA. Fees are generally low as long as no currency is converted – conversion is what costs money.

Sending SEK to Sweden

Most accounts in Sweden are usually held in SEK, the local currency. A payment in a foreign currency is exchanged into SEK before it reaches the account – and the bank that does it picks the rate.

Who does the conversion has an effect on how much arrives, as rates and margins differ per bank. Compare what SEK arrives via several providers; the difference between options can be larger than you expect. Rates for SEK move all the time, so a quote is usually valid only briefly.

The cheapest way to send money to Sweden

If you transfer money to Sweden with a regular bank, the fee you see is only part of the cost. You pay a transfer fee, possibly charges from intermediary banks along the way and, most importantly, the margin on the exchange rate.

That exchange rate margin is often the biggest cost item, even though it is not listed as a fee. Check the bank’s rate with the mid-market rate that you find on financial sites; the gap is what conversion costs you.

For a lot of routes, a transfer service turns out to be less expensive than a traditional bank transfer, mainly because of the rate. Before your next transfer to Sweden, it is worth to compare the total cost via GoldexPay rather than accepting the first rate you see.