Banking in Sweden
On this page, you will find some useful information regarding opening a bank account in Sweden and other related information.
The ability to have access to a bank account covered by the State's deposit guarantee scheme and to basic payment services, is open to everyone. This applies regardless of your citizenship and whether or not you have a Swedish personal identity number. You have to be able to identify yourself and answer questions about why you need a bank account.
There are many banks to choose from in Sweden. Here are some of the largest banks in Sweden.
- Skandinaviska Enskilda Bankens website (SEB)
- Swedbanks website
- Handelsbankens website
- ICA Banken website
Most Swedish banks’ regular opening hours are weekdays between 10.00 and 15.00, but check with the bank for extended opening hours.
What do I need to open a bank account?
Read the checklist below to see what documents you need to prepare to open a bank account.
- Valid passport/Swedish ID card
- Your residence permit (if applicable)
- Proof of admission showing the duration of studies
Please note that the bank may request that you also present other documents.
Remember to inform your bank
As a bank customer, always remember to inform your bank about changes in your contact information such as; your address, e-mail or telephone number. Also, make sure to close your Swedish bank account before you leave Sweden. Make sure you plan this in advance in order to avoid accumulating unnecessary fees.
The cheapest and most convenient way to pay your bills is by transfer through your Swedish or home country’s online banking payment service.
How to pay rent - if you have housing through KTH
You receive the invoice by email and you pay the rent directly in your workflow in Mobility Online. If your card cannot make online transactions and you can therefore not make the payment in Mobility Online you need to contact firstname.lastname@example.org for further information. Do not make any bank transfers before contacting email@example.com .