SWIFT/BIC codes in Sweden: banks starting with J

Finding a SWIFT code in Sweden

This overview covers 421 banks and financial institutions in Sweden, with 523 SWIFT/BIC codes in total. You will need a SWIFT/BIC code mostly for payments across borders.

Pick a bank from the list to view its head office code and its other codes. The sections below covers the structure of the codes, what transfers cost and how to avoid mistakes.

Paying in SEK: what conversion costs you

Most accounts in Sweden are usually held in SEK, the local currency. If you send money in a different currency, it has to be converted at some point: by your bank, an intermediary or the receiving bank.

Which bank converts the payment matters: every bank has its own margin. Often it is cheaper if you send SEK directly through a provider with a good rate. With bigger transfers, a seemingly small difference in the rate adds up quickly.

SEPA transfers to Sweden

Inside SEPA, euro transfers to Sweden follow the same rules and in most cases need only the IBAN. The BIC field is usually optional for those payments.

A SWIFT code does come into play for payments in other currencies. Euro payments within SEPA usually arrive by the next business day, and instant transfers in seconds where both banks support them. Costs stay low as long as no currency is converted.

When does money sent to Sweden arrive?

There is no single delivery time for transfers to Sweden: many land within a day while others need several business days. Bank holidays in either country add extra days to the journey.

A growing number of banks use SWIFT gpi, which lets them follow a payment from bank to bank. Each payment gets a unique transaction reference, the UETR, which the sending bank can use to trace it. Save the payment confirmation – you will need it if something goes wrong.

What a transfer to Sweden really costs

If you send money to Sweden with your bank, the fee you see is rarely all of the cost. On top of the fee, intermediary banks can deduct a charge, and when the money is converted the bank usually uses a less favourable rate than the real market rate.

That exchange rate margin tends to be the largest part of the cost because it is hidden in the rate. An easy check: put the offered rate against the mid-market rate and work out the difference on your amount.

Money transfer services frequently use a rate near the mid-market rate with clearer fees. Before you send money to Sweden, it is worth comparing the total cost via GoldexPay.

Check the code before you pay

The safest source for a SWIFT code is the bank details provided by the recipient. When the code you were given does not match the code listed here, do not guess – contact the recipient or their bank.

We gather bank codes from public sources and update them from time to time. Still, banks merge or retire codes. Before a payment that matters, confirm the BIC with the recipient. GoldexPay is not a bank.

Watch out for payment requests containing a new account – a common fraud method. A real SWIFT code tells you nothing about who owns the account: criminals use real codes too.

Banks in Sweden starting with :letter

This page shows only the banks in Sweden beginning with :letter. The counts in the introduction always refer to the whole country.

If a bank is missing under :letter, check another letter: banks are often registered under their full legal name. Try the full list for Sweden if you are not sure how the name is spelled.

Recognising a SWIFT code from Sweden

Bank identifier codes use the same format worldwide: 8 characters. Characters one to four identify the bank, characters five and six form the country code and the next two give the location.

You can spot a code from Sweden by letters five and six: they always show the ISO country code of Sweden. Codes with a different country code come from a bank abroad.

An 11-character code ends in three characters for a branch, where XXX means the head office. For most transfers the head office code is fine unless the recipient asks for a specific branch.

Receiving money in Sweden from abroad

When you are waiting for money from abroad on an account in Sweden, send the payer all details at once. Give them your name as registered with the bank, your account number or IBAN, your bank’s SWIFT code and your address.

The code of your bank is in the list on this page, yet the version on your own statement or in your banking app is leading. Certain banks also ask for your bank’s address, so keep it at hand.

The amount you receive can be less than what was sent. Fees for incoming transfers differ per bank. Make clear with the sender who covers the fees, especially for larger amounts.

The largest SWIFT network in Sweden: Nasdaq Omx Broker Services Aktiebolag

Nasdaq Omx Broker Services Aktiebolag leads our list of Sweden banks in the number of SWIFT/BIC codes. The head office uses OMBSSESSXXX, which is the code to use when no branch is specified.

Banks differ in how many codes they register. Paying someone at Nasdaq Omx Broker Services Aktiebolag? Go with OMBSSESSXXX except when a specific branch code is requested.