IBAN in Sweden

To make an IBAN, banks combine local account details into one string of characters. This means you can calculate an IBAN using these account details.

What is the IBAN format in Sweden ?

An IBAN (International Bank Account Number) is an internationally-agreed code made up of up to 34 letters and numbers that helps banks make sure that international transfers are processed correctly.

Each set of characters represents a different detail for your bank account. You can see the breakdown of this IBAN below.

What is the IBAN code in Sweden?

IBAN in Sweden consists of 24 characters:

2 letter country code
2 digit check number
3 characters from the bank's bank code
17 digit code for the bank account number

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IBAN example in Sweden	SE4550000000058398257466
IBAN in print format	SE45 5000 0000 0583 9825 7466
Country code	SE
Check digits	45
Bank code	500
Bank account number	00000058398257466

Do you need an IBAN in Sweden?

Yes. If you’re making – or expecting to receive – an international money transfer to a bank account in Sweden, then just a standard bank account number isn’t enough. If you want your money to arrive quickly and safely, you’ll usually need to give the bank a few extra details, such as an IBAN or SWIFT code.

Banks assign IBANs to each of their accounts to make sure that international transfers are processed correctly.

IBANs contain all of the country, bank, and account details you need to send or receive money internationally. This system is used throughout Europe, and also recognised in some areas of the Middle East, North Africa and the Caribbean.

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Sending 1,000.00 USD with	Recipient gets(Total after fees)	Transfer fee	Exchange rate(1 USD → SEK)
Cheapest	10,878.33 SEKSave up to 523.67 SEK	6.60 USD	10.9506
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	10,778.85 SEK- 99.48 SEK	0.00 USD	10.7788
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	10,354.66 SEK- 523.67 SEK	4.99 USD	10.4066

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