IBAN for Swedbank
Swedbank is a major bank in Sweden. IBANs at Swedbank are 24 characters long with SWIFT/BIC code SWEDSESS. Sweden's largest bank. Clearing codes 8000-8999 (Sparbanken).
Swedbank
Sweden · SEK
How to Pay Swedbank in Sweden via Bitwage
Sweden is in the SEPA zone. Bitwage routes payments to Swedbank accounts via SEPA instant transfer — typically settling in under 10 seconds, with fees far below a SWIFT wire.
Add Your Contractor
In Bitwage's contractor payments dashboard, add your Sweden contractor. Enter their Swedbank IBAN (24 characters) and SWIFT code SWEDSESS.
Fund Your Bitwage Balance
Deposit USD into your Bitwage Balance. No need to pre-convert to local currency — Bitwage handles FX at a locked rate.
Execute the Payment
Bitwage converts your USD to SEK and routes via SEPA. Your contractor's Swedbank account is credited — typically same day.
Compliance & OFAC Screening
Bitwage screens every payment against OFAC sanctions lists before execution. International payments to Sweden may require standard EU AML checks and contractor W-8BEN documentation. Bitwage handles this automatically for all Sweden payments.
Key Terms & Resources
Other Banks in Sweden
Also paying contractors at other Sweden banks?
Swedbank IBAN FAQ
Common questions about Swedbank IBAN format, SWIFT code, and paying Sweden contractors.
Swedbank IBANs are 24 characters long and start with SE. A typical example is SE45 8000 0000 0000 1234 5678. Sweden's largest bank. Clearing codes 8000-8999 (Sparbanken). For international payments you will also need the SWIFT/BIC code SWEDSESS.
The SWIFT/BIC code for Swedbank is <strong>SWEDSESS</strong>. This identifies Swedbank on the global SWIFT international wire transfer network. For SEPA transfers within the EU/EEA, the IBAN alone is sufficient — the SWIFT code is only required for non-SEPA international wires.
Add your contractor's Swedbank IBAN to Bitwage's {{link:products/contractor-payments}} platform. Since Sweden is in the SEPA bank transfer zone, Bitwage routes the payment via SEPA instant — typically settling in seconds at near-zero cost. No SWIFT wire fee.
Yes. With {{link:products/masspay}} you can include any number of Sweden contractors — including multiple Swedbank accounts — in a single CSV payment run. Bitwage validates each IBAN, locks the FX rate lock, and routes all payments simultaneously.
Related Resources
Pay Swedbank in Sweden
Without the SWIFT Fee
Skip the $25–50 wire fee. Bitwage routes via SEPA instant — faster and cheaper for every contractor payment.