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Sweden — SWIFT/BIC Codes & Payment Info
Browse banks, EMIs, PSPs and other organizations in Sweden that hold a SWIFT/BIC code. See correspondent banking data and review the country's payment requirements.
Moeda
SEK — Swedish Krona
IBAN
Mandatory (SE2!n3!n16!n1!n)
SEPA
Sim
Payment requirements for Sweden:
Information provided by the Beneficiary: Remitter should obtain all required bank information from the Beneficiary (e.g., SWIFT BIC, IBAN, and beneficiary bank address).
Currency & Clearing Information: Sweden is a member of the European Union (EU) and is adopting best payment practices within the community, although the country has not adopted the euro.
Account Restrictions: Residents and non-residents are permitted to open and maintain domestic or foreign currency accounts either locally or abroad.
SEPA: Strict formatting standards and SEPA guidelines exist in Europe regarding cross-border payments. IBAN and SWIFT BIC are required for all euro payments. SEPA standards apply for euro payments to beneficiaries with accounts in Sweden.
Payment Formatting Rules for SEK:
Ordering Customer (SWIFT MT103 F50): Include account number, full name (no initials), and address of the ordering customer. Use of initials can delay receipt of funds by the beneficiary.
Beneficiary Customer (SWIFT MT103 F59): Include account number (IBAN), full name (no initials), and address of the beneficiary customer. Use of initials may delay receipt of funds by the beneficiary.
Beneficiary Bank (SWIFT MT103 F57): Include SWIFT BIC with branch identifier (where required), full name, and address of the beneficiary bank. SWIFT BIC is 8 or 11 alphanumeric characters: xxxxSExx or xxxxSExxxxx.
Reason for Payment (SWIFT MT103 F70): Purpose of payment is recommended.
Additional Information: The beneficiary bank may choose to process incoming SWIFT messages before the value date in Field 32.
SWIFT/BIC code holders in Sweden (360)
Banks, EMIs, PSPs and other organizations with an assigned BIC. Click any entry for SWIFT/BIC details, correspondent banking data and supported currencies.