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Swedish Krona Payment Guide

Complete information about making payments in SEK

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SEK
kr
Swedish Krona

Official currency of Sweden

Plural: Kronor

ISO Country Code

SE
Country Code

Decimal Places

2 / 4
Amount / Rate

Subunit

öre
Plural: öre/ören
Payment Methods Available
Priority Payment
Standard Payment

Payment Options

Available payment methods and requirements

Choose the right payment method for your needs
Priority Payment
Fast processing with priority service
M
Method

SWIFT

Cut-off Time (UK)
10:00
D
Delivery Time

Same Day

M
Max Amount

No limit

D
Destination

Any (excluding sanctioned)

Trace
Available
Recall
Available
Ultimate Payer Displayed
Available

Recipient Name

Required

Recipient Address

Required

Recipient City

Required
O

Recipient Bank Code

Optional

BIC/SWIFT

Required
O

Account Number

Optional

IBAN

Required

Payment Reason

Required
Standard Payment
Standard payment processing
M
Method

Dataclearingen(DCL) ACH

Cut-off Time (UK)
10:00
D
Delivery Time

Same Day

M
Max Amount

500,000kr

D
Destination

Sweden

Payment Reason
Available
Trace
Not Available
Recall
Not Available
Ultimate Payer Displayed
Not Available

Recipient Name

Required

Recipient Address

Required

Recipient City

Required

Recipient Bank Code

Required
O

BIC/SWIFT

Optional

Account Number

Required
O

IBAN

Optional

Currency Holidays

Currency settlements pause on public or bank holidays.

Currency Holiday Calendar
Official non-business days for this currency
  • Dec
    24
    2025
    Christmas Eve
    In 122 days

    Wednesday, December 24, 2025

  • Dec
    25
    2025
    Christmas Day
    In 123 days

    Thursday, December 25, 2025

  • Dec
    26
    2025
    Boxing Day
    In 124 days

    Friday, December 26, 2025

  • Dec
    31
    2025
    New Year's Eve
    In 129 days

    Wednesday, December 31, 2025

  • Jan
    1
    2026
    New Year's Day
    In 130 days

    Thursday, January 1, 2026

Only showing holidays up to 7 days in the past and all future dates

Restricted Regions

Areas with payment limitations

Restricted Regions
Areas with payment limitations or restrictions
The following regions have payment restrictions:
Argentina
Bangladesh
Bolivia
Brazil
Cayman Islands
Chile
China
Ecuador
Egypt
Gibraltar
Guadeloupe
Hong Kong
Indonesia
Israel
Jamaica
Kenya
Madagascar
Martinique
Mexico
Morocco
Nigeria
Pakistan
Philippines
Puerto Rico
Qatar
Reunion
Saint Martin
South Africa
Sri Lanka
Thailand
Trinidad and Tobago
United Arab Emirates
Vietnam
Payments to these regions may require additional verification

Account Format

Standards for account numbers and IBAN

Account Format & Structure
Standardised format for financial accounts with this currency

Format Standards

Format TypeStructure Pattern
BBAN

Basic Bank Account Number

AAAM MMMM MYYY YYYY YYYY
IBAN

International Bank Account Number

SEKK BBBC CCCC CCCC CCCC CCCX
Format Key Legend
K:IBAN check digits
B:National bank code
C:Account number
X:Check digits
Validate IBAN

Example Accounts

Account TypeExample Format

B

Bank Code

500

C

Check Digits

0000000

A

Account Number

58398257466

B

BBAN

50000000058398257466

I

IBAN

SE455000000058398257466

Always double-check account formats before initiating payments to ensure successful transactions.

Additional Notes

Important information and special considerations

Special Considerations
Important notes and requirements for SEK payments

Please review these important notes before processing payments in SEK

  • 1

    Payments to Swedish Government Agencies require an OCR reference and are not supported by regular payment types.
  • 2

    Non-ASCII characters will be transformed to ASCII equivalent or removed on a best endeavours basis in order to comply with the restrictions of the domestic payment scheme.
  • 3

    SWIFT allowed characters: letters, numbers, spaces, and symbols / – ? : ( ) . , ‘ +

For more information about payment requirements for SEK, contact your account manager or refer to the latest regulations.


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