AXPO SVERIGE AKTIEBOLAG, BIC/SWIFT Code Details
EGSVSEM1 is the SWIFT/BIC code for AXPO SVERIGE AKTIEBOLAG in Sweden. It identifies the head office. The 8-character form is EGSVSEM1 and the 11-character form is EGSVSEM1XXX.
Address: STORTORGET 29 MALMO 211 34, SWEDEN
General instructions for international payments to banks in 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 abro ... ad.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. Read more
IBAN: In Sweden, the IBAN consists of 24 characters. The structure is 'SE' followed by 2 check digits, 3 bank code numbers, 16 account numbers, and a single character. Example in electronic format: SE9875432198712341234561. Example in print format: SE98 7543 2198 7123 4123 4561.
Standard Settlement Instructions (SSI) contain the list of correspondent banks for each currency.
To track a SWIFT cross-border payment to or from AXPO SVERIGE AKTIEBOLAG, you need a UETR code, reference number, amount, payment date, and currency. This information is typically found in an MT103 form.
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We are doing our best to demystify cross-border payments, however Ohmyfin is not responsible for any delays or losses related to usage of the information and services from our web site. Please contact your banks to receive safe advice.