SWIFT/BIC codes in Sweden: banks starting with S

Bank SWIFT codes for Sweden

This overview covers 421 banks and other institutions in Sweden and 523 SWIFT/BIC codes between them. Each code identifies an institution or one of its branches and tells other banks where an international payment should go.

Search for the bank you need in the list and click through for the full list of codes and the details a transfer needs. The rest of this page covers the structure of the codes, the cost of transfers and the checks worth doing before a payment.

What a sender needs to pay you in Sweden

For a transfer from abroad in Sweden, the sender has to have not just the SWIFT code. That means: your name exactly as it appears on the account, your IBAN or account number, the BIC of your bank and usually your postal address.

Find your bank in the list on this page – your bank statement is the final word. Certain banks may also want the name and address of your bank, so keep it at hand.

Do not be surprised if the amount credited is smaller than the amount on the sender’s receipt. Charges on incoming payments vary from bank to bank – your bank’s price list tells you what applies. On invoices, state how the fees are split.

How long does a transfer to Sweden take?

How fast money arrives in Sweden is determined by several factors: which currency you send, the number of banks in between, daily processing deadlines and differences in time zone. Transfers sent late in the day or just before weekends and holidays often go out the next business day.

Many banks use SWIFT gpi. Each payment gets a unique reference, the UETR, which the sending bank can use to trace it. Specialist transfer services usually show tracking online so you can follow the payment.

What the letters in a Sweden BIC mean

A SWIFT code is 8 or 11 characters long and the parts always come in the same order. The first four letters stand for the bank, characters five and six form the country code and characters seven and eight mark the location.

Whatever the bank, all Sweden codes share the same country code in positions five and six: the ISO code of the country. If the country letters point to another country, the code belongs to a bank somewhere else, so check again.

The last three characters, if present, stand for a branch or department; XXX means the head office. For most transfers the head office code is what you need unless the recipient asks for a specific branch.

Filter: banks in Sweden with :letter

This filter narrows the list to banks in Sweden starting with :letter. The counts in the introduction always refer to the whole country.

If the bank you need does not appear under :letter, try another letter: banks are often registered under their full legal name. The full overview for Sweden remains available if the letter filter does not help.

Verifying a SWIFT code from Sweden

The most reliable source for a SWIFT code is the recipient’s own bank details. An incorrect BIC can cause a delay, a payment being sent back or additional charges, so compare it with the list on this page.

We collect bank codes from public sources and check our list from time to time. Even so, banks merge or retire codes. Treat this list as a reference; the recipient’s bank details are leading. GoldexPay is an independent comparison site and is not affiliated with the banks listed.

Scammers regularly send payment requests with changed bank details that look completely genuine. Always confirm changed details by phone.

Euro payments to Sweden: is a BIC needed?

Inside SEPA, euro payments to Sweden follow common rules and in most cases need only the IBAN. The BIC field is usually optional in that case.

The BIC does matter when the currency is not euros. SEPA transfers normally land within one business day, and instant transfers in seconds where both banks support them. As long as the payment stays in euros, the transfer tends to be cheap.

Nasdaq Omx Broker Services Aktiebolag and its SWIFT codes

In our directory, Nasdaq Omx Broker Services Aktiebolag holds the largest number of SWIFT/BIC codes of all banks in Sweden. The head office of Nasdaq Omx Broker Services Aktiebolag uses OMBSSESSXXX.

Banks differ in whether they register branch codes. Unless a branch code is given, OMBSSESSXXX is fine for a payment to Nasdaq Omx Broker Services Aktiebolag.

Sending SEK to Sweden

The local currency of Sweden is the Swedish Krona (SEK). Money sent in a different currency will be converted into SEK on its way to the recipient, and whoever converts it chooses the rate.

Which bank converts the payment matters: every bank has its own margin. In many cases it is cheaper if you send SEK straight away via a provider with a good rate so the receiving bank does not need to convert again. On larger amounts, a seemingly small gap in the rate can be worth more than the fee.

The cheapest way to send money to Sweden

If you transfer money to Sweden with a regular bank, the stated fee is only part of the cost. On top of a fixed fee, intermediary banks may deduct a charge and, if currencies are converted, the bank often uses a less favourable rate than the real market rate.

That exchange rate margin tends to be the largest cost item. An easy check: put the rate you get against the mid-market rate and look at the difference.

Specialised transfer providers often offer rates closer to the mid-market rate and lower fees. Before you send money to Sweden, take a minute comparing the total cost via GoldexPay rather than accepting the first rate you see.