SWIFT/BIC codes in Sweden: banks starting with O

Finding a SWIFT code in Sweden

In Sweden our database holds 523 SWIFT/BIC codes. You need a SWIFT/BIC code mainly when making payments across borders and for payments in a foreign currency.

Pick the bank below to view its head office code and any branch codes along with tips for payments to and from that bank. Below the list we explain how a code from Sweden is put together, how to send money there at a fair price and how to check a code before you pay.

How long does a transfer to Sweden take?

How quickly money arrives in Sweden is determined by several factors: which currency you send, how many intermediary banks are involved, cut-off times and time zones. Transfers sent after the cut-off time or just before a weekend or public holiday often start the next business day.

If a transfer seems late, ask the sender to contact the sending bank – the receiving bank often cannot see a payment that has not arrived. Save the payment confirmation until the money has arrived – you will need it if something goes wrong.

Nasdaq Omx Broker Services Aktiebolag and its SWIFT codes

Nasdaq Omx Broker Services Aktiebolag tops the list for Sweden when it comes to SWIFT/BIC codes. Its head office code is OMBSSESSXXX, which is the code to use when no branch is specified.

Practice differs in how many codes they register. If not a branch code is given, OMBSSESSXXX is fine for a payment to Nasdaq Omx Broker Services Aktiebolag.

Sending money to Sweden for less

A bank transfer to Sweden can cost rather more than the fee suggests. Besides the fee, intermediary banks can take a cut, and when the money is converted the bank often applies a rate below the real market rate.

The markup on the rate is often the biggest part of the cost. Check the rate you are offered against the mid-market rate.

For many currency pairs, a transfer service is cheaper than a bank. On GoldexPay you can compare the amount that arrives in Sweden across services, which makes the cheapest option easy to spot.

How SWIFT codes from Sweden are built

Each SWIFT/BIC code consists of 8 or 11 characters. It starts with a four-letter bank code, then two letters for the country and a two-character location code.

For banks in Sweden, letters five and six are the two-letter ISO code of Sweden. Codes with a different country code come from another country – a quick way to catch mistakes.

The long version adds three characters for a branch. For most transfers the head office code is what you need unless the recipient asks for a specific branch.

Banks in Sweden starting with :letter

The letter filter narrows the list to banks in Sweden starting with :letter, so you can find a bank faster. The figures for Sweden mentioned here apply to all 421 banks.

If the bank you need does not appear here, check the full list. Use the full list for Sweden when you do not know the exact name.

Verifying a SWIFT code from Sweden

The most reliable source for the BIC is the recipient’s own bank details: an invoice, a statement or their online banking. If the code you have differs from the code listed here, do not guess: check with the recipient or the bank.

This list is based on publicly available sources. Banks merge, change names and change codes – a directory can be a step behind. Treat our data as a starting point, not as the final word: the bank details from the recipient come first. We are an independent comparison site for money transfers and not part of any bank listed here.

Fraudsters often send payment requests carrying changed bank details. Always confirm a change of bank details by phone on a number you know.

Sending SEK to Sweden

Most accounts in Sweden are usually held in SEK. A payment in a foreign currency will be exchanged into SEK – and the bank that does it picks the rate.

Who does the conversion has an effect on the final amount. Often you pay less to send SEK directly through a transfer service that converts near the mid-market rate rather than letting the receiving bank convert. On larger amounts, a seemingly small gap in the rate can be worth more than the fee.

What a sender needs to pay you in Sweden

If you are waiting for a payment from another country on an account 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.

The code of your bank appears in the list on this page, yet the version on your own statement or in your banking app is leading. It helps to add your bank’s name and city, since some payment forms ask for it.

What lands in your account is often less than the amount sent. Correspondent banks can take a fee, and when currencies differ, an exchange rate margin comes on top. Make clear with the sender who pays which costs.

SEPA transfers to Sweden

Sweden is part of the SEPA area, where euro transfers follow common rules. For a standard euro transfer within SEPA, the IBAN is usually enough.

You will still need a SWIFT code for payments in other currencies or transfers from countries outside SEPA. Instant payments in euros have become increasingly available within SEPA – check whether your bank supports them. As long as no conversion is involved, a SEPA transfer is usually cheap.