SWIFT/BIC codes in Sweden: banks starting with I

Bank SWIFT codes for Sweden

In Sweden our database holds 523 SWIFT/BIC codes, spread over 421 institutions. A BIC shows every bank in the chain exactly which bank should receive an international payment.

Every bank is listed with its own page showing its main code and, where available, branch codes. Further down you can read how codes from Sweden are built, how to send money there without overpaying and how to check a code before you pay.

SEPA transfers to Sweden

Since Sweden is part of the SEPA zone, a euro transfer to an account in Sweden normally requires just the IBAN. Many banks do not require the BIC in that case.

You still need a SWIFT code when sending non-euro payments or money from outside the SEPA area. Instant euro transfers have become increasingly supported within SEPA – check whether your bank supports them. Fees are generally low as long as no currency is converted – conversion is what costs money.

Recognising a SWIFT code from Sweden

Every SWIFT/BIC code consists of 8 or 11 characters. Characters one to four stand for the bank, the fifth and sixth characters are the country code and characters seven and eight give the location.

You can recognise a bank code from Sweden by letters five and six: they always show the ISO country code of Sweden. A code with other letters in that position belong to a bank abroad.

The long version ends in a branch code. For most transfers the head office code is fine.

How long does a transfer to Sweden take?

There is no fixed delivery time for payments to Sweden: some land within a day. Payments made late in the day or on a weekend or public holiday often start the next business day.

A growing number of banks are connected to SWIFT gpi for faster and traceable payments. Every payment gets a unique transaction reference, the UETR, which the sending bank can use to trace it. Specialist transfer services often provide tracking online.

Incoming international payments in Sweden

Someone abroad who wants to pay you needs a few details from you. That means: your name exactly as it appears on the account, your account number or IBAN, the SWIFT/BIC code of your bank and sometimes your postal address.

Find your bank in the list above to check its code – your bank statement is the final word. You can include the name and city of your bank as well, since some payment forms ask for it.

Expect that the amount credited is smaller than what the sender paid. Correspondent banks can take a fee, your bank may charge for incoming payments, and if the money is converted, a markup on the rate comes on top. Make clear with the sender who pays which costs, especially for larger amounts.

SWIFT codes in Sweden: banks under :letter

Here you see a filtered list: just banks in Sweden whose name begins with :letter. The counts in the introduction still cover the whole country, not just this letter.

If a bank does not appear under :letter, try another letter: banks are often registered under their full legal name. Try the full list for Sweden if you do not know how the name is spelled.

About our data and how to check a code

Have the recipient copy their bank details straight from their banking app. A wrong code may lead to a delay, a payment being sent back or extra fees – compare it with the code in our list.

The directory on GoldexPay is based on public sources and is updated regularly. Still, banks merge or change codes. Before any payment that matters, confirm the BIC with the recipient’s bank. GoldexPay is not a bank.

Be wary of invoices containing a new account – a common fraud method. Before paying, verify changed details by phone.

Nasdaq Omx Broker Services Aktiebolag and its SWIFT codes

Among the 421 institutions we list, Nasdaq Omx Broker Services Aktiebolag has the most SWIFT/BIC codes of all banks in Sweden. The head office of Nasdaq Omx Broker Services Aktiebolag has OMBSSESSXXX.

A large number of codes usually reflects that the bank registers branches and departments separately, not necessarily that the bank is the biggest in the country. Unless a branch code is given, OMBSSESSXXX is fine for transfers to this bank.

Sending SEK to Sweden

Sweden uses the Swedish Krona, code SEK. Money sent in a different currency will be converted into SEK, and whoever converts it chooses the rate.

Which bank converts the money matters: every bank has its own margin. Often you pay less if you send SEK straight away through a provider with a good rate so the receiving bank does not need to convert again. On larger amounts, a seemingly small difference in the rate adds up quickly.

Bank or transfer service for Sweden?

A bank transfer to Sweden often costs more than the fee suggests. On top of a fixed fee, intermediary banks may take a cut and, if currencies are converted, the bank often uses a rate below the real market rate.

The markup on the rate is often the biggest cost item, even though it is not listed as a fee. An easy check: put the offered rate next to the mid-market rate and look at the difference.

For many routes, a transfer service turns out to be cheaper than a bank, mainly because of the rate. On GoldexPay you can compare what recipients in Sweden receive across services, which makes the cheapest option easy to spot.