Cash Management

Swedbank offers a broad range of Cash Management services. As a customer, you have access to these services via our Internet bank, available in Finnish, Swedish and English. Swedbank also offers communication via a bank link program in accordance with the Finnish standard.

The Payment Services Act and SEPA bring changes to the Finnish payment traffic

The Payment Services Act to be implemented 1.5.2010 in Finland

The Payment Services Act will fulfil the departments III and IV acts assigned in the single market directive (2007/64/EY). The Finnish Government has decided to make a proposal 1.10.2009 regarding the Payment Services Act. According to the proposal the act will be implemented 1.5.2010.

SEPA = Single Euro Payments Area

The transfer to a unified single payment area will also mean the usage of a new international payment standard and the usage of international account numbers in Finland. The previous national standards will be replaced with new by the end of 2010.

Changes in Swedbank AB (publ). Finnish Branch¿s services and agreements

Due to the reasons mentioned in the previous chapters, we will make changes into our services and agreements. For more information please follow the link below.

The Sepa Payment

More information here

SSI TO RECEIVE FOREIGN CURRENCY PAYMENTS FOR CUSTOMERS OF SWEDBANK AB (PUBL), FINNISH BRANCH

PLEASE NOTE THAT ALL CUSTOMER PAYMENTS (MT103) IN FOREIGN CURRENCY (I.E. ALL CURRENCIES EXCEPT EUR) IN FAVOUR OF CUSTOMERS WITHIN SWEDBANK FINLAND (SWEDFIHH) SHOULD BE ROUTED DIRECTLY TO SWEDBANK STOCKHOLM AT BIC CODE SWEDSESS.

The main Correspondent Banks for cover remittance for Swedbank AB (SWEDSESS) are:

Currency Bank / BIC

CHF UBS, Zurich
BSWCHZH80A

DKK JyskeBank
Copenhagen
JYBADKKK

EEK Swedbank, Tallinn
HABAEE2X

GBP HSBC Bank, London
MIDLGB22

LVL Swedbank, Riga
HABALV22

LTL Swedbank, Vilnius
HABALT22

NOK Swedbank, Oslo
SWEDNOKK

PLN BankPekao ,Warsaw
OPPLPW

RUB OAO Swedbank, Moscow
HABARUMM

Acc 30111810001000002579
INN code 7734051393
BIK code 044579889
Acc OAO Swedbank with Central Bank of Russia (CBR) 30101810700000000889

SEK Swedbank, Stockholm
SWEDSESS

USD Wells Fargo Bank NA,
New York PNBPUS3NNYC

	SEK PAYMENTS
	Please note that from June 4th, 2009 onwards IBAN and BIC must be used when making SEK payments to any country within European Union. This means also that BankGiro number nor PlusGiro number cannot be used anymore when making SEK payments to Sweden.

	EXPRESS PAYMENT
	The price of an outgoing electronic express payment will be 15 each from the beginning of November 2009.