Open a Swedish Krona Business Account
Open a SEK business account and operate across Sweden with confidence. Get local Sweden account details with access to Bankgirot and SWIFT. Send, receive, and hold SEK with clear control over every transaction.

What’s Included with Your Swedish Krona Business Account
A dedicated SEK account embeds you in Sweden's domestic rails, aligns you with Swedish counterparties, and lets treasury time FX by policy, not by circumstance.

Key Benefits
Account in your company’s name with unique Swedish account number and clearing number.
Receive SEK via domestic transfers and access SWIFT for international SEK payments.
Pay Swedish suppliers and counterparties in their preferred currency.
Collect revenues in SEK without forced conversion into another base currency.
The Risk of Not Having a Swedish Krona Business Account
Without a SEK account, international corporates face costs, delays, and credibility issues when engaging Swedish counterparties. Treasury outcomes become reactive, not controlled.
FX erosion:
Repeated, unplanned conversions compress margins.
Payment delays:
SWIFT-only routes add intermediaries, days, and fees.
Counterparty friction:
Local partners prefer SEK transfers to domestic accounts.
Compliance hurdles:
Paying local taxes and payroll without a SEK account can be challenging.

Our SEK Business Accounts Are Designed for
We support a wide range of internationally minded businesses. From fast-growing companies expanding into Sweden to established global organisations managing complex operations.

Global Corporates
Centralise SEK receivables, fund suppliers and payroll, and align SEK costs with SEK revenues for cleaner margins.
Funds & Institutions
Manage capital calls and distributions in SEK with role-based approvals and clear audit trails.
Private Equity
Efficient SEK flows for deals, fees, and SPV/holdco structures with policy-driven FX.
Family Offices
Discreet SEK management for assets, commitments, and inter-entity transfers under tight permissions.
Banq Global vs. Traditional Providers
How to Open a Swedish Krona Business Account
A clear, expert-led process that reduces rework, shortens decision time, and maintains certainty.
Scoping & Fit
We review your structure, directors, UBOs, and SEK flows to confirm feasibility and align the account with your treasury needs.
Document Pack
A precise, tailored checklist for your entity type and structure, minimising rounds of clarification.
Compliance Review
Disciplined AML/KYC due diligence with prompt Q&A and clear status visibility.
Account Issuance
SEK account in your company’s name with account number, clearing number, IBAN and BIC.
Go-Live & Controls
Users, roles, approvals, payment templates, and FX policy (including market orders) configured to your standards.
Swedish Krona Business Account - FAQs
Opening a SEK account raises questions on eligibility, payment rails, non-resident onboarding, and compliance. Below are answers to the questions global finance teams ask most often.
Do we need to have a Swedish entity to open a SEK account?
Traditional banks often require you to have a Swedish entity to open a local Swedish account. Banq Global supports non-resident directors and foreign companies wishing to open a local business account in Sweden.
Will the account be opened under our company name with unique account details?
Yes, you receive a SEK account in your company's name with a unique account number, clearing number, IBAN and BIC.
Can we open a SEK account remotely?
Yes, Banq Global supports remote onboarding, without requiring directors to physically visit Sweden.
What payment rails are supported?
You can use Sweden's domestic clearing schemes to receive SEK payments locally via Bankgirot and SWIFT for cross-border SEK payments.
How does holding SEK help with FX costs?
Maintaining SEK balances allows you to avoid repeated conversions, match costs with revenues, and time FX strategically under treasury policy.
Can we manage multiple entities and approvals in one place?
Yes, you can administer access per entity, set role-based approvals, implement payment approval workflows, and maintain complete audit trails.
Do you accommodate layered ownership (holding companies, SPVs, trusts)?
Yes, we regularly onboard clients with layered ownership structures such as holding companies, SPVs, and trusts, including cross-border arrangements.