SWIFT/BIC codes in Sweden: banks starting with P

SWIFT/BIC codes in Sweden

This overview covers 421 banks and other institutions in Sweden. A SWIFT code shows the banks handling a transfer which institution should receive an international payment.

Look for the recipient’s bank in the list and click through for all codes we have and the details a transfer needs. The rest of this page explain how the codes work, the cost of transfers and the checks worth doing.

Sweden and the Swedish Krona

Sweden pays in the Swedish Krona, with the currency code SEK. Money sent in a different currency is exchanged into SEK before it reaches the account – and the bank that does it picks the rate.

Who converts the money matters, because each party uses its own rate. Often you pay less to send SEK straight away via a provider with a good rate so the receiving bank does not need to convert again. Rates for SEK change during the day, so a quote is usually valid only briefly.

When does money sent to Sweden arrive?

How fast money reaches Sweden depends on a few things: the currency, the number of banks in between, cut-off times and time zones. Transfers sent after the cut-off time or just before weekends and holidays often go out a business day later.

If a transfer seems delayed, ask the sender to contact the sending bank and ask for the status or the UETR; only the sending side can start an official trace. Specialist transfer services often provide tracking in their app.

The cheapest way to send money to Sweden

When you send money to Sweden via a regular bank, the stated fee is only part of what you pay. There is the transfer fee, possibly charges from intermediary banks along the way and, above all, the margin on the exchange rate.

The markup on the rate tends to be the biggest cost item. A simple test: set the offered rate against the mid-market rate and look at the difference.

Money transfer services often offer a rate near the mid-market rate. GoldexPay lists these providers side by side, showing the amount that reaches the recipient before you commit.

What a sender needs to pay you in Sweden

If you expect a payment from another country in Sweden, send the payer everything they need in one go. Share the account holder’s name, the IBAN or account number, the BIC of your bank and your address.

The code of your bank appears in the list on this page but always compare it with your own bank details. It helps to include the name and city of your bank as well because some forms have separate fields for it.

The amount you receive is often lower than what was sent. Intermediary banks may deduct a fee, and when currencies differ, an exchange rate margin applies. Make clear with the sender who covers the fees.

Check the code before you pay

The most reliable source for the BIC is the recipient’s own bank details – an invoice, a statement or a screenshot from online banking. If the code you have does not match the code listed here, stop and ask: check with the recipient or the bank.

Our SWIFT/BIC directory draws on publicly available sources that we update periodically. Still, banks merge, rename themselves or retire codes, so information can be out of date. Use our data as a starting point: the bank details from the recipient come first. GoldexPay is a comparison service.

Watch out for payment requests with changed bank details. A real SWIFT code says nothing about whether a request is genuine – scammers use the codes of real banks.

Banks in Sweden starting with :letter

You are looking at a selection: just institutions in Sweden with a name starting with :letter. The totals on this page cover all 421 banks and not only this letter.

Many institutions are listed under their official name. Use the full list for Sweden if you do not know the exact name.

Recognising a SWIFT code from Sweden

A BIC is 8 or 11 characters long and follows a fixed pattern. It starts with a four-letter bank code, then a two-letter country code and a two-character location code.

Whatever the bank, all Sweden codes have the same country code in positions five and six: the ISO code of the country. A code with other letters in that position come from another country – a quick way to catch mistakes.

An 11-character code adds three characters for a branch – XXX stands for the head office. Choose a branch code just when the recipient’s bank asks for it – otherwise stick with the head office.

SEPA transfers to Sweden

Because Sweden is part of the SEPA zone, a euro payment to an account in Sweden usually requires just an IBAN. Many banks no longer ask for the BIC for these payments.

You will still need a SWIFT code when sending non-euro payments or transfers from countries outside SEPA. SEPA transfers normally land within one business day or faster with instant payments. Costs stay low as long as no currency is converted.

Most SWIFT codes in Sweden: Nasdaq Omx Broker Services Aktiebolag

In our data, Nasdaq Omx Broker Services Aktiebolag holds the most SWIFT/BIC codes in Sweden. The head office of Nasdaq Omx Broker Services Aktiebolag has OMBSSESSXXX.

Practice differs in how many codes they register. Unless a branch code is given, OMBSSESSXXX is fine for a payment to Nasdaq Omx Broker Services Aktiebolag.