SWIFT/BIC codes in Sweden: banks starting with F

Sweden: banks and their SWIFT/BIC codes

This overview lists 421 banks and financial institutions in Sweden, with 523 SWIFT/BIC codes in total. Each code points to an institution or one of its branches.

Every bank has its own page with its main code and, where available, codes for branches and departments. Below the list you can read how codes from Sweden are built, how to send money there without overpaying and what to check before you pay.

How reliable is this list?

The safest source for a SWIFT code is the bank details provided by the recipient – an invoice, a statement or a screenshot from online banking. A wrong code can cause delays, a returned payment or additional charges – compare it with the code in our list.

Our SWIFT/BIC directory draws on public sources that we update periodically. Still, banks merge, rename themselves or change codes and our data may lag behind. Before a payment of any size, confirm the BIC with the recipient’s bank. We are a comparison service for money transfers.

Be wary of payment requests containing a new account – a common fraud method. Before paying, verify a change of bank details through a separate channel, using a number you already had.

Banks in Sweden beginning with the letter :letter

You are looking at a filtered list: just institutions in Sweden whose name begins with :letter. The figures for Sweden mentioned here cover every bank we list.

Many institutions appear under their official name, so the letter can differ from what you expect. Try the full list for Sweden when you do not know how the name is spelled.

Sending money to Sweden for less

The price of a transfer to Sweden has more than one component. On top of the fee, intermediary banks may take a cut and, if currencies are converted, the bank often applies a less favourable rate than the real market rate.

Most of the cost usually sits in the exchange rate, not in the fee. An easy check: put the rate you get next to the mid-market rate and look at the difference.

Specialist money transfer services frequently offer rates closer to the mid-market rate. On GoldexPay you can compare the amount that arrives in Sweden across services, which makes the cheapest option easy to spot.

Paying in SEK: what conversion costs you

Bank 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.

Where the conversion happens affects the final amount, as rates and margins differ per bank. Often you pay less if you send SEK straight away via a transfer service with a good rate rather than letting the receiving bank convert. Rates for SEK change all the time, so a quote is usually valid only briefly.

What a sender needs to pay you in Sweden

When you expect money from abroad in Sweden, send the payer everything they need in one go. Give them the account holder’s name, your account number or IBAN, the BIC of your bank and your address.

Find your bank in the list above. Some banks also want the name and address of your bank.

The amount you receive is often lower than what was sent. Correspondent banks can take a fee, your bank may charge for incoming payments, and when currencies differ, a markup on the rate comes on top. On invoices, agree who bears the costs, so nobody is left short.

Euro payments to Sweden: is a BIC needed?

Within the SEPA zone, euro payments to Sweden use common rules, so the IBAN does the job in most cases. The BIC field is usually optional in that case.

You will still need a SWIFT code for payments in other currencies or transfers from countries outside SEPA. Instant euro transfers have become increasingly supported across SEPA, though not every bank offers them for every account. As long as no conversion is involved, the transfer tends to be cheap.

Most SWIFT codes in Sweden: Nasdaq Omx Broker Services Aktiebolag

Nasdaq Omx Broker Services Aktiebolag tops our list of Sweden banks when it comes to SWIFT/BIC codes. The head office uses OMBSSESSXXX – the code most transfers need.

A large number of codes usually reflects separate codes for branches, departments or services. Making a payment to Nasdaq Omx Broker Services Aktiebolag? Go with OMBSSESSXXX unless a specific branch code is requested.

The structure of a Sweden SWIFT/BIC code

Every SWIFT/BIC code has 8 or 11 characters in a fixed order. It starts with four letters for the bank, then two letters for the country and two characters for the location.

For banks in Sweden, characters five and six show the ISO country code of Sweden – that is the quickest way to spot one. A code with a different country code come from a bank abroad – a quick way to catch mistakes.

An 11-character code ends in a branch code, where XXX means the head office. In most cases the head office code is fine, unless the recipient gives you a branch code.

How long does a transfer to Sweden take?

There is no single answer for payments to Sweden: many land within a day. Bank holidays in Sweden or in the sending country add a day or more, because banks do not process payments on those days.

If the money is delayed, ask the sender to contact the sending bank for a trace. Specialist transfer services usually provide tracking online so you can follow the payment.