Carnegie Investment Bank AB SWIFT/BIC code

What CARNSES1 means for a payment to Carnegie Investment Bank AB

CARNSES1 and CARNSES1XXX are two spellings of the same SWIFT/BIC code, and both lead to Carnegie Investment Bank AB in Stockholm. Banks worldwide use these codes to route international transfers to the correct bank. In daily life you mostly see the code on invoices from abroad, in your banking app and on the account details that Carnegie Investment Bank AB provides.

Further down you will find the practical questions: money coming in from abroad, sending money abroad and how to verify a SWIFT code before you confirm a payment. The SWIFT code alone cannot identify an individual account holder; that is what the IBAN or account number .

The Swedish Krona and what conversion costs you

The local currency in Sweden is the Swedish Krona (SEK). A payment in a foreign currency is converted into SEK on its way to Carnegie Investment Bank AB, and whoever converts it chooses the rate. You rarely see a separate line for the conversion – the cost sits in the rate.

Which bank converts the payment makes a difference, because each party uses its own rate. Transferring the amount directly in SEK usually prevents an extra conversion by Carnegie Investment Bank AB – as long as your own rate is good.

The SEK rate changes constantly and quotes are often valid only for a short time. For recurring payments, small differences in the rate add up over time.

A note on our data

We gather bank codes using public sources and update our list from time to time. It can happen that a code here is no longer current after a merger or reorganisation. Figures such as the number of codes are from our directory and are not confirmed by Carnegie Investment Bank AB.

Before any payment of any size, check the BIC with the recipient’s bank or the recipient. We are an independent comparison site for money transfers and not affiliated with Carnegie Investment Bank AB. Should you notice a mistake, we appreciate a message.

International transfers from Carnegie Investment Bank AB: the real cost

An international bank payment costs more than the listed fee. On top of a fixed fee, banks in between can take a cut, and if currencies are converted the bank usually uses a rate that is less favourable than the real market rate.

Banks do not list their exchange rate markup separately. An easy check: put the rate you get against the mid-market rate for the same moment and look at the difference.

For a lot of currency pairs, a transfer service is less expensive than a traditional bank transfer – mostly thanks to the rate. Next time you send money, take a minute to compare the total cost via GoldexPay. Using a transfer service does not require leaving Carnegie Investment Bank AB – you pay the provider from your own account.

What the XXX in CARNSES1XXX means

A SWIFT code is built from a few fixed parts: the first four letters identify the bank, the next two give the country and the two after that mark the location. The result is CARNSES1.

Most payment forms accept either length. If yours asks for eleven characters, use CARNSES1XXX, otherwise CARNSES1 is fine.

Enter the code as one block, in capitals and without separators. Watch for O versus 0 or the letter I and the digit 1, a common source of typos.

Paying Carnegie Investment Bank AB in euros within SEPA

Inside SEPA, euro transfers to Carnegie Investment Bank AB follow the same rules, so the IBAN does the job in most cases. The BIC field is often optional in that case.

The BIC still come into play when the currency is not euros and when the money comes from outside SEPA. A few forms also ask for the BIC out of habit; in that case, fill in CARNSES1 or CARNSES1XXX.

Instant euro transfers are widely supported within SEPA. Charges on SEPA payments tend to be low as long as everything stays in euros.

Before you send: check the Carnegie Investment Bank AB code

Ask the recipient to copy their account details directly from their online banking. Compare it against CARNSES1 on this page and ask if anything does not match.

Errors in the BIC are costly rather than disastrous. A mistake in the account number can be more serious because it can reach the wrong person, so check that just as carefully.

Most online banking apps validate the format of IBANs and sometimes look up the BIC automatically, but that does not prove the account belongs to the right person. Where available, a name check before sending gives an extra layer of safety. A small test payment is a sensible step for large sums.

Protect yourself against fake payment requests

Fraudsters often use fake invoices containing new bank details, sometimes in an email that looks completely genuine. The fact that CARNSES1 exists does not mean that the account is genuine.

Verify changed payment details through a different channel like a call to a number from an earlier contract. Urgency and requests to keep it quiet are red flags. Acted too fast? Call the bank you paid from without delay and ask them to start a recall and report the fraud.

Scams also work the other way. Someone claims to have sent more than agreed and asks you to return the difference to a new account. Wait until the money is actually in your account.

Receiving money from abroad at Carnegie Investment Bank AB

When you expect a payment from another country, send the payer all details at once. That means: your name as registered with Carnegie Investment Bank AB, your account number or IBAN, the SWIFT/BIC code CARNSES1XXX and usually your address.

Their bank may request the address of your bank, in which case the Stockholm head office is the usual answer. A typo in your account number can be harder to fix than you might think.

Money from abroad does not always land in full. Correspondent banks can take a fee and your own bank may charge for processing, and when currencies differ, an exchange rate margin comes on top. Agree with the sender who pays which costs, especially for larger amounts.

Choosing between the 3 SWIFT codes of Carnegie Investment Bank AB

Having 3 codes in 1 locations, Carnegie Investment Bank AB belongs to the banks that use individual codes for branches. The head office code is CARNSES1XXX.

For the vast majority of payments to a private or business account, the head office code CARNSES1XXX is the right choice. Branch codes are only needed when the account holder explicitly asks for it.

If you are not sure, ask the person you are paying for the exact BIC in their bank details. Branch codes are sometimes changed or retired when banks reorganise.

How long does an international transfer to Carnegie Investment Bank AB take?

A SWIFT payment typically needs one to a few business days, depending on the currency, the route and the banks involved. Transfers sent after the cut-off time or on weekends and holidays usually start the next business day. Extra checks by one of the banks can also add a delay, even when all details are correct.

Many banks use SWIFT gpi, which lets them follow a payment from bank to bank. Each gpi transfer carries a unique transaction reference, the UETR, which your bank can use to see where the money is. Money transfer services often show a status online so you can see where the money is.

The bank that sent the money can request a trace or a recall. As a recipient, you can check your statements to see a partial amount.