SWIFT/BIC codes in Sweden: banks starting with U

Bank SWIFT codes for Sweden

For Sweden our database holds 523 SWIFT/BIC codes from 421 banks. Each code identifies a bank or one of its branches.

Pick a bank from the list to view its head office code and its other codes along with tips for payments to and from that bank. Further down you can read how a code from Sweden is put together, how to send money to Sweden at a fair price and what to check before you pay.

Nasdaq Omx Broker Services Aktiebolag and its SWIFT codes

Nasdaq Omx Broker Services Aktiebolag leads our list of Sweden banks in SWIFT/BIC codes. Its head office code is OMBSSESSXXX – the code most transfers need.

Many codes often reflects that the bank registers branches and departments separately – it says nothing about the size of the bank as such. If not a branch code is given, OMBSSESSXXX is fine for a payment to Nasdaq Omx Broker Services Aktiebolag.

How long does a transfer to Sweden take?

How quickly money arrives in Sweden depends on several factors: the currency, the number of banks in between, cut-off times and time zones. Bank holidays in Sweden or in the sending country can add a day or more, because banks do not process payments on those days.

Many banks use SWIFT gpi, which lets them follow a payment from bank to bank. Every gpi transfer carries a unique reference, the UETR, which the sending bank can use to trace it. Money transfer services usually show tracking online, which makes it easier to see where the money is.

The cheapest way to send money to Sweden

If you transfer money to Sweden via your bank, the fee you see is only part of what you pay. There is the transfer fee, possibly charges from intermediary banks along the way and, most importantly, the exchange rate markup.

The markup on the rate tends to be the biggest part of the cost. Check the rate you are offered with the mid-market rate, the midpoint you see on financial news sites.

Money transfer services often offer rates closer to the mid-market rate. Before you send money to Sweden, it is worth to compare what arrives via GoldexPay instead of going straight to your bank.

SEPA transfers to Sweden

Sweden is part of the SEPA area, where euro transfers follow common rules. For a regular euro transfer within SEPA, you normally only need the IBAN; many banks no longer ask for the BIC.

You will still need the BIC for non-euro payments or transfers from countries outside SEPA. Instant euro transfers have become widely supported across SEPA. Provided the payment stays in euros, a SEPA transfer tends to be inexpensive.

Incoming international payments in Sweden

For a transfer from abroad into a Sweden account, the person paying you has to have not just the BIC. In practice that means: your name as your bank knows it, your IBAN or account number, the SWIFT/BIC code of your bank and sometimes your postal address.

The code of your bank is in the list on this page, yet the version on your own statement or in your banking app is leading. Certain sending banks also want your bank’s address; it does no harm to include it.

Expect that the amount credited is below the amount on the sender’s receipt. Intermediary banks may deduct a fee, and when currencies differ, an exchange rate margin applies. Make clear with the sender who pays which costs.

Banks in Sweden starting with :letter

This list shows only banks in Sweden whose name starts with :letter, sorted alphabetically. The totals on this page apply to all 421 banks and not only this letter.

If the bank you need does not appear here, check the full list: banks are often registered under their full legal name. The complete list remains available if you cannot find the bank here.

About our data and how to check a code

The most reliable source for the BIC is the bank details provided by the recipient: an invoice, a statement or their online banking. When the code you were given does not match our list, do not guess: check with the recipient or the bank.

We gather bank codes from public sources and check our list regularly. Still, banks merge, rename themselves or retire codes. Before a payment of any size, confirm the BIC with the recipient’s bank. GoldexPay is a comparison site for money transfers and not part of any bank listed here.

Be wary of invoices containing changed bank details, especially when they come by email. Always confirm changed details through a separate channel.

Sending SEK to Sweden

The local currency in Sweden is the Swedish Krona (SEK). Money sent in a different currency will be exchanged into SEK before it reaches the account.

Who converts the money makes a difference. In many cases you pay less to send SEK straight away via a transfer service that converts near the mid-market rate rather than letting the receiving bank convert. Exchange rates move during the day – some providers let you lock in a rate.

What the letters in a Sweden BIC mean

SWIFT/BIC codes use one international format: 8 characters. Characters one to four stand for the bank, the fifth and sixth characters are the country code and the next two give the location.

Whatever the bank, every code from Sweden have the same country code in positions five and six: the ISO code of the country. Codes with other letters in that position come from another country, even if the bank name looks familiar.

The last three characters, if present, stand for a specific branch; XXX means the head office. Use a branch code only when the recipient’s bank asks for it; otherwise the head office code is the safe choice.