Swedbank AB SWIFT/BIC code

SWIFT/BIC code of Swedbank AB

The 8-character code SWEDUS33 and the 11-character code SWEDUS33XXX refer to the same bank: Swedbank AB, with its head office in New York,ny. A SWIFT code shows the sending bank which institution is meant to get the money, a bit like a postal address for banks. In practice you usually come across the code on invoices from abroad, in payment forms and in the bank details that Swedbank AB provides.

On this page you will find how the code is put together, when you need it and what else you need for a transfer to or from Swedbank AB. The SWIFT code alone cannot identify a personal account; for that you need the IBAN or account number .

Sending USD to Swedbank AB

The local currency of United States is the US Dollar (USD). Money sent in a different currency will be exchanged into USD on its way to Swedbank AB, and whoever converts it chooses the rate. You rarely see a separate charge for that conversion.

Who does the conversion has an effect on how much arrives, as rates and margins differ per bank. Check how much USD arrives via several providers; the difference between options can be larger than you expect.

Rates for USD change all the time – some services let you fix a rate in advance. With bigger transfers, even small gap in the rate adds up quickly.

What the XXX in SWEDUS33XXX means

A BIC is built from a few fixed parts: the first four letters identify the bank, the next two give the country and characters seven and eight indicate the location. Together, these eight characters form SWEDUS33 – the version you usually see online.

XXX at the end of SWEDUS33XXX does not stand for a placeholder or an error: it stands for the main office of Swedbank AB. Some banking apps ask for 11 characters, in which case you simply enter XXX after SWEDUS33.

Do not add spaces, dots when you enter SWEDUS33. Watch for the letter O and the digit 0 and I versus 1; they are easy to mix up.

Tracking a transfer to or from Swedbank AB

There is no single delivery time: many land the same day or the next. Payments made after the cut-off time or just before a weekend or public holiday usually go out the next business day. Compliance checks by one of the banks may also cause a delay, even when all details are correct.

If the money seems delayed, contact your bank about the tracking status or the UETR. Money transfer services usually provide tracking in their app showing where the payment is.

If a payment has not arrived after a few business days, the person who paid should start with their own bank, not the receiving bank. Request from the sender a copy of the payment confirmation including the reference – it helps your own bank look for the money.

Paying someone abroad from your Swedbank AB account

What you pay for an international transfer has more than one component – not just the fee on your screen. There is the transfer fee, sometimes charges from correspondent banks along the way and, above all, the exchange rate markup when the money is converted.

The markup on the rate tends to be the biggest item. A simple test: set the bank’s rate next to the mid-market rate and look at the difference.

Money transfer services frequently use a rate near the mid-market rate and lower fees. On GoldexPay you can compare what recipients receive across providers, so you can pick the cheapest route. Using a transfer service does not require closing your account at Swedbank AB: you simply pay the service from your account.

Head office or branch code at Swedbank AB?

Having 2 codes in 1 cities, Swedbank AB belongs to the banks that register individual codes for branches. The main code remains SWEDUS33XXX.

For the vast majority of payments to a private or business account, the head office code SWEDUS33XXX is the right choice. When you receive a branch code, stick to it rather than swapping it for the head office code.

The best way is to take the code straight from the recipient’s statement. Codes for branches are more prone to be retired than the head office code.

Incoming international payments to Swedbank AB

When you expect money from abroad, send the payer a complete set of details. What they need is: your name, account number or IBAN, SWEDUS33XXX or SWEDUS33 and in many cases your home address.

You can add the bank name and New York,ny as well, since some forms ask for it. A mistake in the IBAN can be harder to fix than you might think; copy them from your banking app rather than typing.

What lands in your account is often lower than the amount sent. Intermediary banks may deduct a fee, Swedbank AB may charge for incoming payments, and if the currency changes, an exchange rate margin applies. On invoices, it is common to agree how the fees are split, so that nobody is left short.

Scams that use SWIFT codes

Stay alert if a contact suddenly wants you to send money to a different account. A valid SWIFT code says nothing about whether the request is genuine: scammers use real codes of real banks.

Do not rely on a phone number from the same email that contains the new account. Urgency and secrecy are red flags. Already paid? Call your bank straight away and have them try to recall the payment.

People receiving money are targeted too: one known trick is a buyer who pays too much and then sends a request to refund the difference abroad. A screenshot of a transfer proves nothing.

How to check SWEDUS33 before you pay

Ask the recipient to copy their bank details directly from their online banking. Compare that code against SWEDUS33 on this page.

An incorrect BIC can cause delays, a returned payment or extra fees. A mistake in the account number is a bigger problem because it can reach the wrong person.

Many banking apps validate the structure of IBANs and some suggest the matching BIC. Where available, a name check before sending gives extra certainty. Sending a small amount first can be worth it for large sums.

About this information

We collect bank codes from public sources and check our list regularly. It can happen that a code here is out of date, for example after a merger. Figures such as the number of codes come from our directory and are not confirmed by Swedbank AB.

Use this page as a reference, not as the last word. GoldexPay is independent of Swedbank AB; we are a comparison site for money transfers. Spotted an error? Let us know through the contact page and we will look into it.