Banking

Living in Europe | Banking | Sweden

Banking

Sweden’s four main banks are Swedbank, SEB, Nordea and Handelsbanken. See a list of all banks on the website Swedish Bankers' Association

Most banks in Sweden have now introduced only pre-booked visits. Contact a bank office by email or phone to book an appointment. Check with the bank which documents they want you to bring with you on the visit. Under anti-money laundering legislation, banks are required to stringently verify customer identity.

Open a bank account

Read carefully the information from the Swedish Bankers Association and prepare yourself with all documents when going to the bank.

Bank ID

BankID is widely used in Sweden. It is a common way to identify yourself in digital environments. In order to obtain a BankID, you must have a Swedish Personal Identity Number and be a customer of one of the banks that issues BankID. You need to make a personal contact to the bank. Read more at the website of BankID

Paying with cards

Once in Sweden, you will be able to use most international pay cards in stores, banks and cash machines/ATM’s. Note, to a large extent Sweden is a cash-free society. While most stores and restaurants still accept cash, some will only accept payments via bankcards or Swish. Read more about paying with cards in Sweden.

Currency converter

With a currency converter you can convert most common currencies to and from Swedish crowns, SEK.

Bank holidays

Here you can find information on current Swedish bank holidays.