Skandinaviska Enskilda Banken AB SWIFT/BIC code

SWIFT/BIC code of Skandinaviska Enskilda Banken AB

The short code ESSESESS and the 11-character code ESSESESSXXX refer to the same bank: Skandinaviska Enskilda Banken AB, with its head office in Stockholm. A BIC has a single purpose: it makes sure that money from abroad reaches the right bank. In daily life you mostly see the code on international invoices, in payment forms and on the account details of Skandinaviska Enskilda Banken AB customers.

Further down you will find the practical questions: receiving money at Skandinaviska Enskilda Banken AB, paying someone in another country and how to verify a SWIFT code before you hit send. The SWIFT code on its own cannot identify a personal account; for that you need the account number or IBAN .

What to give a sender who pays you at Skandinaviska Enskilda Banken AB

A sender in another country needs several details about your account, and missing ones are a common cause of delays. Share your name as the bank knows it, the IBAN or account number, the BIC ESSESESSXXX and your address, which some banks require.

Certain sending banks want the address of Skandinaviska Enskilda Banken AB. A typo in the IBAN can be more trouble than it looks.

An incoming payment will not always land for the full amount. Correspondent banks can take a fee, and when currencies differ, a markup on the rate applies. Make clear with the sender who covers the fees before the money is sent.

How long does an international transfer to Skandinaviska Enskilda Banken AB take?

An international transfer usually takes anywhere from one to several business days – it depends on currency, route and the banks in between. Payments made late in the day or just before weekends and holidays often start a business day later. Compliance checks on larger or unusual payments may also add some delay, regardless of the details.

A growing number of banks are connected to SWIFT gpi for faster and traceable payments. Every payment gets a unique transaction reference, the UETR, which your bank can use to see where the money is. Save the payment confirmation until the money has arrived; it contains the details a bank needs to start a trace.

If the money does not arrive after a few business days, the person who paid should contact the bank that sent it rather than Skandinaviska Enskilda Banken AB. Ask the sender for the payment receipt – it helps your own bank look for the money.

Watch out for payment fraud

Fraudsters regularly send fake invoices with changed bank details sent from what looks like a familiar address. A real SWIFT code says nothing about whether the request is genuine.

Always verify a change of bank details by phone on a number you know, not one from the message. Pressure and secrecy tend to be warning signs. When money has already gone to a fraudster, call your bank right away.

People receiving money can be targeted as well: one known trick is an overpayment followed by a request to send back the difference. A payment confirmation from the sender proves nothing – check your own account.

ESSESESS or ESSESESSXXX – which one to use?

The structure of a BIC never changes: a bank code of four letters, a two-letter country code and two for the location. That gives you ESSESESS, the short form of the code.

The full version adds a three-character extension that identify a branch or department. When those three characters are XXX, the code points to the head office, which is why ESSESESSXXX and ESSESESS lead to the same place.

Type the code as one block, in upper case and without spaces. A wrong letter may route the money to another bank, so copy it carefully.

Euro transfers to Skandinaviska Enskilda Banken AB: is a BIC needed?

Because Sweden is part of SEPA, a euro transfer to Skandinaviska Enskilda Banken AB from another SEPA country usually requires just an IBAN. Most banking apps no longer ask for the BIC in that case or fill it in for you.

A SWIFT code like ESSESESS does matter for payments in other currencies. A few banks and apps also show a field for the BIC out of habit; in that case, enter ESSESESS or ESSESESSXXX.

Euro payments within SEPA normally land by the next business day, and instant transfers in seconds where both banks support them. Charges on SEPA payments tend to be low, as long as no currency conversion is involved.

Sending SEK to Skandinaviska Enskilda Banken AB

The currency of Sweden is the Swedish Krona (SEK). A payment in a foreign currency is converted into SEK on its way to Skandinaviska Enskilda Banken AB. There is rarely a separate charge for that conversion; it is built into the rate.

Who does the conversion has an effect on how much arrives, since every bank sets its own rate. Often it is cheaper if you send SEK directly via a provider that converts near the mid-market rate.

The rate for SEK fluctuates throughout the day and quotes are often valid only for a short time. With bigger transfers, a small gap in the rate can be worth more than the fee.

Verifying the SWIFT code of Skandinaviska Enskilda Banken AB

The most reliable source for a SWIFT code is the bank details provided by the recipient: an invoice, a bank statement or their online banking. Check that code against ESSESESS on this page; if they differ, ask before you pay.

A wrong SWIFT code may lead to delays, a payment being sent back or additional charges. A mistake in the account number is a bigger problem because it can reach the wrong person.

Most online banking apps validate the format of IBANs – that confirms the format, not the owner. If your bank offers it, a name check before sending adds an extra layer of safety. For a first payment, some people send a small test amount before sending the rest.

A note on our data

The details here come from public sources which we refresh regularly. Even so, banks merge, rename themselves or change codes and our data may lag behind. Counts and locations come from our own dataset and are not confirmed by Skandinaviska Enskilda Banken AB.

Treat our data as a reference, not as the final word. GoldexPay is an independent comparison service and not affiliated with Skandinaviska Enskilda Banken AB. Found an error? Tell us via our contact form so we can correct it.

Sending money abroad from Skandinaviska Enskilda Banken AB

If you send money abroad through Skandinaviska Enskilda Banken AB, the fee you see is only part of what you pay. On top of the transfer fee, banks in between can deduct a fee, and if the money changes currency, the bank usually uses a rate below the real market rate.

Most of the cost usually sits in the exchange rate, not in the fee: many banks convert using an exchange rate with a margin built in. Check their rate with the mid-market rate. The difference is your real conversion cost.

For many currency pairs, a transfer service turns out to be less expensive than a bank – mostly thanks to the rate. GoldexPay lists transfer providers side by side so you can see what actually arrives. You can always keep your account at Skandinaviska Enskilda Banken AB to fund the transfer; only the conversion and sending happen elsewhere.

Skandinaviska Enskilda Banken AB: head office code versus branch codes

Skandinaviska Enskilda Banken AB has 6 different SWIFT/BIC codes. Only one is the head office code, ESSESESSXXX; the rest belong to branches or departments.

For the vast majority of incoming transfers, the head office code ESSESESSXXX is the right choice. Branch codes are only needed when the account holder explicitly asks for it.

Unsure which code applies? Check with the recipient or the bank itself. Codes for branches are more likely to change than ESSESESSXXX.