Ekobanken Medlemsbank SWIFT/BIC code

Ekobanken Medlemsbank SWIFT code: EKMLSE21

The 8-character code EKMLSE21 and the full code EKMLSE21XXX identify one and the same institution: Ekobanken Medlemsbank in Jarna, Sweden. The code has a single purpose: it ensures that an international payment ends up at the right bank. In practice you mostly come across it on international invoices, in your banking app and on the account details that Ekobanken Medlemsbank provides.

On this page you will find what the code is put together, when it matters and which other details you need for a transfer to or from Ekobanken Medlemsbank. A SWIFT code identifies an institution, never a specific account.

Before you send: check the Ekobanken Medlemsbank code

Ask the recipient to copy the bank details directly from their banking app. Check it with EKMLSE21 on this page; if they differ, ask before you pay.

Errors in the SWIFT code are annoying more than disastrous. Do not forget the account number: an error there can be harder to undo than a wrong code.

Most online banking apps validate the format of IBANs. More and more banks check the name with the account before you confirm – do not ignore a mismatch warning. For a first payment, many people start with a small test amount before sending the rest.

Paying into Ekobanken Medlemsbank in SEK

Most accounts at Ekobanken Medlemsbank are typically held in SEK, the national currency of Sweden. If you send another currency gets converted at some point: by your bank, an intermediary or Ekobanken Medlemsbank itself. There is rarely a separate line for the conversion.

Who converts the payment matters. Sending the money already in SEK usually prevents a second conversion by Ekobanken Medlemsbank – as long as your own rate is good.

The SEK rate changes throughout the day and quotes are often valid only for a short time. With bigger transfers, a seemingly small difference in the rate can be worth more than the fee.

Choosing between the 2 SWIFT codes of Ekobanken Medlemsbank

Having 2 codes in 1 cities, Ekobanken Medlemsbank is one of the banks that use individual codes for branches. The main code remains EKMLSE21XXX.

For most incoming transfers, the head office code EKMLSE21XXX is what you need. Only use a branch code when your contact gives you that exact code, for example on a letter or invoice.

The safest approach is to copy the code directly from the recipient’s bank details. Branch codes are sometimes changed or retired when banks reorganise.

Paying someone abroad from your Ekobanken Medlemsbank account

An international bank payment can cost more than the fee suggests. Besides the transfer fee, banks in between can deduct a fee, and when currencies are converted the bank often applies a rate that is less favourable than the real market rate.

Many banks rarely show their exchange rate markup separately, but you pay it all the same. Compare the rate you are offered with the mid-market rate – the rate you find on financial news sites.

For a lot of currency pairs, a transfer service is cheaper than a bank – mostly thanks to the rate. On GoldexPay we compare what recipients receive across providers, which makes the cheapest option easy to spot. Choosing a specialist does not require closing your account at Ekobanken Medlemsbank: you simply pay the service from your account.

Watch out for payment fraud

One of the most common tricks goes like this: an email arrives with a request saying that a supplier has a new bank account and that the next payment should go there. A real SWIFT code tells you nothing about whether the request is genuine: scammers use real codes of real banks.

Before paying, confirm a change of bank details through a phone call, using a number you already had. Be suspicious of urgent requests, unusual wording or an email address that differs by one letter. When a payment has already gone to a fraudster, contact your bank immediately – speed improves the chance of getting it back.

Recipients can be targeted as well: a classic trick is an overpayment and then sends a request to send back the difference abroad. Do not act before the money is actually in your account – ask Ekobanken Medlemsbank if something looks wrong.

Incoming international payments to Ekobanken Medlemsbank

For a transfer from abroad into your account at Ekobanken Medlemsbank, the person paying you needs more than the SWIFT code. That means: your full name as registered with Ekobanken Medlemsbank, your account number or IBAN, the BIC EKMLSE21XXX (or EKMLSE21) and usually your postal address.

You can include the bank name and its city too, because some payment forms have separate fields for them. Check every detail before you send them – a sender rarely spots a mistake in someone else’s details.

Do not be surprised if the amount credited is smaller than the amount on the sender’s receipt. Fees for incoming transfers vary from bank to bank. Make clear with the sender who pays which costs.

Do you need EKMLSE21 for a SEPA transfer?

Sweden belongs to the SEPA area, the zone for uniform euro payments. When you send euros within SEPA, you normally only need the IBAN.

A SWIFT code like EKMLSE21 does matter for payments in other currencies. If your banking app has a field for the BIC regardless, adding EKMLSE21 is fine.

Euro payments within SEPA normally land within one business day. Provided the payment stays in euros, a SEPA transfer is inexpensive.

Tracking a transfer to or from Ekobanken Medlemsbank

There is no single delivery time: some land within a day while others need several business days. Payments made after the cut-off time or just before a weekend or public holiday often start the next business day. Sometimes a bank asks about the purpose of a payment before releasing it.

If the money is late, contact the sending bank for the status; with that reference banks can see where the payment is. Specialist transfer services often provide tracking online showing where the money has got.

Only the sending bank is able to start an official trace or a recall. Request from the sender a copy of the payment confirmation with the date and reference.

EKMLSE21 or EKMLSE21XXX – which one to use?

The structure of every SWIFT code never changes: a bank code of four letters, two for the country and two for the location, plus an optional branch code. The result is EKMLSE21 for Ekobanken Medlemsbank.

XXX at the end of EKMLSE21XXX is not a placeholder or a mistake: it indicates the head office of Ekobanken Medlemsbank. Some banking apps insist on 11 characters, in which case you simply enter XXX after EKMLSE21.

Do not add spaces when you enter EKMLSE21; the code is always written in one block. Watch for the letter O and the digit 0 or the letter I and the digit 1; they are easy to mix up.

How up to date is this code?

The codes here come from publicly available data that we update regularly. Still, banks merge or change codes, so information can be out of date. Figures such as the number of codes come from our own dataset and may differ from what Ekobanken Medlemsbank publishes.

Treat the information on this page as a helpful check and rely on the recipient or Ekobanken Medlemsbank for the final confirmation. We are an independent comparison service and not affiliated with Ekobanken Medlemsbank. Should you notice a mistake, we welcome a message.