SWIFT/BIC codes in Sweden: banks starting with V

Sweden: banks and their SWIFT/BIC codes

On this page you find codes for 421 institutions in Sweden, 523 codes in all. A SWIFT code shows every bank in the chain which institution is meant to get the money.

Select a bank from the list to view its head office code and any branch codes. The rest of this page explain how the codes work, what transfers cost and the checks worth doing before you send money.

What a transfer to Sweden really costs

A bank transfer to Sweden can cost more than the fee suggests. Besides a fixed fee, correspondent banks can take a cut, and when the money is converted the bank usually uses a less favourable rate than the real market rate.

The real cost is often in the rate, rather than in the fee: banks convert at a rate with a margin built in. Check the bank’s rate against the mid-market rate, the midpoint you see on financial news sites. The difference is your real cost.

Specialised transfer providers frequently offer a rate near the mid-market rate. Before you send money to Sweden, it is worth to compare the total cost via GoldexPay instead of going straight to your bank.

Sending SEK to Sweden

Most accounts in Sweden are usually held in SEK. Money sent in a different currency is converted into SEK, and whoever converts it chooses the rate.

Which bank converts the money matters: every bank has its own margin. Check what SEK the recipient gets with several providers before choosing one. Exchange rates change during the day – some providers let you lock in a rate.

Sweden and the SEPA area

Within the SEPA zone, euro payments to Sweden follow the same rules and in most cases need only the IBAN. The BIC field is often optional for those payments.

A SWIFT code does come into play for payments in other currencies and for transfers from outside SEPA. Instant euro transfers are widely available across SEPA – check whether your bank supports them. As long as no conversion is involved, the transfer tends to be cheap.

Receiving money in Sweden from abroad

When you expect a payment from another country in Sweden, send the payer all details at once. That means: your full name exactly as it appears on the account, your IBAN or account number, the BIC of your bank and usually your address.

Find the bank in the list on this page and compare the code with your own bank details, but take the code from your own bank details when in doubt. It helps to add the name and city of your bank because some forms have separate fields for it.

The amount you receive can be lower than what was sent. Charges on incoming payments differ from bank to bank – your bank’s price list tells you what applies. For business payments, agree how the fees are split to avoid a shortfall.

When does money sent to Sweden arrive?

An international transfer to Sweden typically needs anywhere from one to several business days, depending on the currency, the route and the banks involved. Public holidays in Sweden or in the sending country can add extra days to the journey.

When a payment takes longer than expected, ask the sender to contact their own bank – the receiving bank often cannot see a payment that has not arrived. Money transfer services often provide tracking online so you can follow the payment.

What the letters in a Sweden BIC mean

Every SWIFT/BIC code has eight or eleven characters. It starts with a four-letter bank code, followed by a two-letter country code and two characters for the location.

You can recognise a bank code from Sweden from the fifth and sixth characters – those always form the country code of Sweden. A code with a different country code come from a bank abroad.

The optional last three characters stand for a specific branch; XXX means the head office. Choose a branch code just if the recipient’s bank asks for it – otherwise stick with the head office.

The largest SWIFT network in Sweden: Nasdaq Omx Broker Services Aktiebolag

Nasdaq Omx Broker Services Aktiebolag leads the list for Sweden when it comes to the number of SWIFT/BIC codes. Its head office code is OMBSSESSXXX – the code most transfers need.

Banks differ in how many codes they register. If not a branch code is given, OMBSSESSXXX is fine for a payment to Nasdaq Omx Broker Services Aktiebolag.

Check the code before you pay

The most reliable source for the BIC is the bank details provided by the recipient. When the code you were given differs from our list, stop and ask – contact the recipient or their bank.

This list is based on publicly available sources that we update periodically. Banks reorganise, close branches and change codes. For a payment of any size, confirm the BIC with the recipient. GoldexPay is a comparison site for money transfers.

Scammers often send fake invoices with new bank details that look completely genuine. Before paying, verify a change of bank details through a separate channel.

Banks in Sweden starting with :letter

You are looking at a filtered list: just institutions in Sweden whose name begins with :letter. The counts in the introduction always refer to all banks in Sweden.

Some banks are listed under their official name rather than the name on their app or website, so the letter can differ from what you expect. The full overview for Sweden is available when the letter filter does not help.