Skandinaviska Enskilda Banken SWIFT/BIC code

Skandinaviska Enskilda Banken SWIFT code: ESSESESG

The 8-character code ESSESESG and the 11-character code ESSESESGXXX refer to one and the same institution: Skandinaviska Enskilda Banken. Every bank on the SWIFT network uses these codes to direct international transfers to the right bank. In daily life you usually see it on invoices from abroad, in payment forms and on the account details that Skandinaviska Enskilda Banken provides.

On this page you can read how the code means, when you need it and which other details you need for a transfer to or from Skandinaviska Enskilda Banken. The SWIFT code on its own does not identify a personal account; for that you need the IBAN or account number is for.

SEPA payments and the Skandinaviska Enskilda Banken BIC

Sweden belongs to the Single Euro Payments Area (SEPA), where euro transfers follow common rules. When you send euros within SEPA, you normally only need the IBAN; many banks no longer ask for the BIC.

You will still need ESSESESGXXX when sending payments in other currencies or money from outside the SEPA area. If your banking app asks for the BIC regardless, adding ESSESESG does no harm.

Instant payments in euros have become increasingly available within SEPA. Charges on SEPA payments tend to be low.

Which of the 2 codes of Skandinaviska Enskilda Banken do you need?

Our directory lists 2 SWIFT/BIC codes for Skandinaviska Enskilda Banken. Next to the head office code ESSESESGXXX, there are codes for branches, departments or specific services.

For most payments to a private or business account, the head office code ESSESESGXXX is what you need. When you receive a specific code, use it as it is instead of swapping it with the head office code.

When in doubt, check with the recipient which code their bank gave them. Codes for branches are more prone to change than ESSESESGXXX when a bank merges or closes offices.

Where our SWIFT data comes from

The details here are taken from publicly available data. Institutions reorganise, change names and retire codes, and a directory never catches every change immediately. The number of codes on this page reflect our own data.

Before any payment that matters, confirm the code with Skandinaviska Enskilda Banken or the recipient. GoldexPay is not affiliated with Skandinaviska Enskilda Banken, we only compare transfer services. Spotted an error? Let us know via our contact form and we will look into it.

Sending money abroad from Skandinaviska Enskilda Banken

When you send money to another country through Skandinaviska Enskilda Banken, the fee you see is only part of the cost. You pay the transfer fee, possibly charges from correspondent banks in between and, above all, the margin on the exchange rate.

Banks rarely list the margin on the rate separately. A simple test: set the bank’s rate next to the mid-market rate and look at the difference.

For a lot of currency pairs, a specialist provider turns out to be less expensive than a bank – mostly thanks to the rate. GoldexPay lists these services next to each other, showing the amount the recipient gets. Using a transfer service does not mean closing your account at Skandinaviska Enskilda Banken: you simply pay the service from your account.

Paying into Skandinaviska Enskilda Banken in SEK

Sweden uses the Swedish Krona. Money sent in a different currency will be converted into SEK before it reaches the account. Every conversion costs something.

Which bank converts the payment makes a difference. Compare how much SEK arrives via different providers before choosing one.

The rate for SEK changes constantly, so the amount you see is usually only valid for a short time. On larger amounts, even small difference in the rate adds up quickly.

Verifying the SWIFT code of Skandinaviska Enskilda Banken

The best place to find the correct BIC remains paperwork issued by the bank like a bank statement or the account page in online banking. Check that code against ESSESESG on this page.

With a wrong code, the transfer may be delayed, bounce back or end up costing more – sometimes after weeks of searching. Do not forget the IBAN: a mistake there can be more difficult to correct than a wrong code.

Most online banking apps validate the format of an IBAN and sometimes look up the BIC automatically. Some banks now check the name with the account before you confirm; take any warning seriously. Sending a small amount first is worth it for large sums.

Protect yourself against fake payment requests

Scammers often use payment requests containing changed bank details, sometimes in an email that looks completely genuine. A correct SWIFT code tells you nothing about who owns the account: scammers use real codes of real banks.

Check new payment details through a different channel, such as a phone number you already know, not by replying to the message. Pressure or requests to keep it quiet tend to be warning signs; a genuine business can wait for you to check. Already paid? Contact the bank you paid from straight away and ask them to start a recall and report the fraud.

Fraud can also target the receiver. Someone sends more than agreed and asks you to refund the extra to a new account. A screenshot of a transfer is no proof – check your own account.

When will the money arrive at Skandinaviska Enskilda Banken?

There is no single answer for international payments: many arrive within a day while others need several business days. Weekends and public holidays in the sending or receiving country can add a day or more to the journey. Sometimes a bank asks about the purpose of a payment before releasing it.

A growing number of banks are connected to SWIFT gpi. Each payment gets a unique transaction reference, the UETR that banks can use to trace it. Save your transfer receipt.

A missing payment is investigated by the sending bank. Request from the sender a copy of the payment confirmation including the reference.

What the XXX in ESSESESGXXX means

A SWIFT code is built from fixed blocks: characters one to four identify the bank, characters five and six give the country and characters seven and eight mark the location. In this case, the 8-character core is ESSESESG.

The 11-character version has three more characters for a branch or department. When those three characters are XXX, the code points to the head office, so ESSESESGXXX and ESSESESG are interchangeable.

Type the code as one block, in capitals and without spaces, exactly as shown here. A wrong character can send the money to another bank.

Receiving money from abroad at Skandinaviska Enskilda Banken

When you expect a payment from another country, give the sender everything they need in one go. That means: your name as registered with Skandinaviska Enskilda Banken, your IBAN or account number, the SWIFT/BIC code ESSESESGXXX (or ESSESESG) and, often, your postal address.

Some sending banks want the bank’s address, so keep it at hand. A mistake in the IBAN can be more trouble than it looks, so copy the details from your online banking.

Expect that the amount credited is below what the sender paid. Intermediary banks may deduct a fee and your own bank may charge for processing, and if the money is converted, a markup on the rate applies. Agree with the sender who pays which costs before the money is sent.