Living in Europe | Banking | Sweden


Bank offices are generally open Monday–Friday, 10 am–3 pm.
Sweden’s four main banks are Swedbank, SEB, Nordea and Handelsbanken. Read more about banks on the website Swedish Bankers' Association

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.

Open a bank account

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

Under anti-money laundering legislation, banks are required to stringently verify customer identity. We suggest that you contact the bank and make an appointment, if you want to open a bank account, since the matter takes some time. Also ask the bank what documents you are required to bring.

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

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.