At a glance
| Topic | What to know |
|---|---|
| Currency | Swedish krona (SEK) |
| Business types | Swedish limited companies (AB), sole traders and other eligible entities |
| Company identifier | Organisation number (organisationsnummer), where applicable |
| Providers covered | Nordea, Swedbank, SEB, Handelsbanken, OneMoneyWay |
| Domestic payment tools | Bankgiro and Swish are separate services; check availability and fees |
| International payments | Available through banks and specialist payment providers, with different fees |
| Deposit protection | Eligible bank deposits are generally protected; e-money safeguarding is different |
| Non-Swedish companies | Eligibility depends on the provider, incorporation country and risk profile |
Pros and cons of opening a Swedish business account
Pros
- Access to SEK payment services for customers, staff, suppliers and taxes.
- Domestic banks can offer Bankgiro, card facilities and potentially credit or other banking services.
- Some digital payment platforms provide Swedish local account details alongside multi-currency payments.
- Clear separation of company and personal finances supports bookkeeping and operational control.
Cons
- Banks may charge setup, package, transfer and optional-service fees.
- Ownership checks and evidence of business activity can lengthen onboarding.
- A Swedish account number does not automatically include Bankgiro or Swish.
- E-money payment accounts do not offer the same deposit guarantee as eligible bank deposits.
Key takeaways
- Nordea advertises a business package at SEK 1,300 per year and a SEK 2,500 standard start fee, with possible exemptions.
- Swedbank advertises its business package at SEK 1,400 per year; its new-business-customer page quotes a SEK 2,500 connection fee.
- SEB advertises Företagspaketet at SEK 130 per month, with a SEK 2,500 start fee and an introductory waiver of the first six months of package charges for qualifying new customers.
- Handelsbanken advertises Företagspaketet at SEK 160 per month, excluding some transaction and integration fees; obtain a separate quote for opening charges.
- OneMoneyWay advertises its Micro plan at SEK 299 per month billed annually, plus an indicated SEK 99 per month for local business accounts in Sweden, Denmark and Norway. Rates are indicative and subject to the customer's profile.
- OneMoneyWay is a platform facilitating regulated services via partners, not a conventional bank. Do not assume Bankgiro, Swish, credit, or bank deposit insurance is included.
The short answer: Which Swedish business account is suitable?
For a company that needs established Swedish banking services, including Bankgiro or a possible future financing relationship, start by comparing Nordea, Swedbank, SEB and Handelsbanken. Published package fees are relatively easy to compare, but total costs and approval criteria differ. For cross-border businesses that value SEK local account details and payments in other currencies, OneMoneyWay may be worth evaluating alongside a bank.
One provider is not automatically best or cheapest for everyone. The right choice depends on incorporation, owners’ countries of residence, expected transaction volumes, currency needs, whether you need Bankgiro or Swish, and how you need funds to be protected.
Compare five business account options in Sweden (2026)
| Provider / product | Advertised package price | Opening / start fee | Useful distinction |
|---|---|---|---|
| Nordea / Företagspaket | SEK 1,300/year (marketed as about SEK 109/month) | SEK 2,500 standard | Swedish account with PlusGiro; Bankgiro may be added |
| Swedbank / Företagspaketet | SEK 1,400/year | SEK 2,500 for new customers | Swedish account, Bankgiro, app and business cards |
| SEB / Företagspaketet | SEK 130/month | SEK 2,500 | Business account with Bankgiro; introductory package offer |
| Handelsbanken / Företagspaketet | SEK 160/month | Request confirmation | Account and card package; extras charged separately |
| OneMoneyWay / Micro | SEK 299/month, billed annually | Request individual quote | SEK local details; additional SEK 99/month local-account charge indicated |
Pricing note: This is a comparison of differently structured products, not a ranking by price. Prices are published, approximate where indicated and subject to change. OneMoneyWay’s published Micro package lists one Swedish business account while its general terms separately mention a SEK 99 monthly local-account charge. Confirm how these amounts apply together before ordering. Transfers, FX conversion and other services may cost extra. Certain bank discounts or exemptions may depend on your customer profile.
Provider-by-provider comparison
1. Nordea — Swedish banking with an established digital platform
Nordea’s business package includes a company account with PlusGiro functionality, online and mobile banking, a business card and access to customer support. Bankgiro is described as an add-on option. Nordea’s public application guidance says the package is charged at SEK 1,300 annually, with a standard SEK 2,500 start fee; the bank also advertises possible start-fee waivers for qualifying Premium or Private Banking customers.
Advantages: Conventional banking relationship; Swedish company account; Nordea Business app; potential access to other banking products.
Considerations: Start fee, transaction charges and optional Bankgiro services matter to the final cost. Approval and onboarding require a review of the company and its owners.
Suitable for: Swedish-registered operating companies seeking domestic banking and access to a wider range of banking products.
Swedbank — A domestic operating package including Bankgiro
Swedbank’s Företagspaketet includes a business account, an investment/savings account, internet banking, Bankgiro, a business app, cards and customer service. Its official product page quotes an annual package price of SEK 1,400. A separate new-customer page lists a SEK 2,500 connection fee.
Advantages: Familiar Swedish domestic payment infrastructure; Bankgiro included in the published package; bank cards and digital tools.
Considerations: Payments, Swish and other add-ons can have their own charges. Business onboarding and eligibility conditions apply; some sole-trader applications require an existing personal banking relationship.
Suitable for: Swedish SMEs and sole traders that regularly receive domestic customer payments.
SEB — Business package with published introductory terms
SEB’s Företagspaketet includes a business account with a Bankgiro number, a linked debit card and Business Arena online banking. The published package price is SEK 130 per month and the standard start fee for new business customers is SEK 2,500. SEB currently advertises six months without the package fee for eligible new customers. Sole traders should check SEB’s separate Enkla firman package rather than assume the general package applies.
Advantages: Bankgiro included; established bank infrastructure; digital tools; published introductory promotion.
Considerations: The introductory waiver is not a permanent price reduction. Some services and transactions cost extra, and the account-opening fee still needs to be considered.
Suitable for: Limited companies seeking a standard Swedish bank package and a clear path to other corporate services.
Handelsbanken — Traditional banking and optional services
Handelsbanken advertises Företagspaketet at SEK 160 per month (SEK 1,920 per year), with account, card and digital banking services. It states that transaction, file and bank-integration charges are separate. The product page invites applicants to contact their local branch; it does not clearly establish a single universal onboarding fee for the comparison.
Advantages: Conventional banking relationship; local service model; a range of banking and advisory products.
Considerations: Check onboarding requirements, opening costs, payment pricing and any Bankgiro or Swish add-ons with the bank. Do not assume every service is included in the package fee.
Suitable for: Companies that value bank support and may need more services as their business grows.
OneMoneyWay — Swedish local account details and international payments
OneMoneyWay describes itself as a digital financial platform, not a bank. Regulated financial services are provided through licensed partners; its Swedish information names EPMAP Limited in connection with relevant e-money services. Its Swedish account page advertises a SEK account with Swedish clearing and account numbers in the company’s name, digital onboarding, and international payment and currency capabilities.
Published plan information: Micro SEK 299/month (billed annually), Starter SEK 599/month and Business SEK 999/month, with an additional published local-account charge of SEK 99/month. These are indicative fees and depend on company activity, revenue, usage and partner approval. Ask for the precise onboarding fee, monthly total, domestic payment costs, FX spread and transfer charges before applying.
Advantages: Swedish local account details; cross-border and multi-currency payment focus; remote application; relevant for eligible companies incorporated in the EEA or the UK.
Considerations: A Swedish clearing number does not establish that Bankgiro or Swish is available. Neither service was verified as included, so ask OneMoneyWay directly. The applicable safeguarding arrangements are different from a bank deposit guarantee. Access is subject to screening and the regulated partner’s approval.
Suitable for: Eligible international SMEs, exporters, service businesses and companies requiring Swedish local payment details alongside international payment options.
Explore OneMoneyWay:See OneMoneyWay’s business account options
Affiliate disclosure: the link above is a tracked referral link supplied to GlobalBusinessAccounts. It currently opens the Danish-language website. A Swedish-language tracked destination should be requested from OneMoneyWay before launching Swedish paid or organic campaigns.
Bankgiro, Swish and Swedish clearing numbers: Know the difference
A Swedish clearing number and account number identify a local bank or payment account. Bankgiro is a separate domestic payment-routing service used widely for business invoices and supplier payments. Bankgirot explains that a company should contact its bank to connect a Bankgiro number to an account. Swish for businesses is another distinct acceptance service provided through participating financial institutions.
Before you apply, ask your provider: Can this particular account receive Bankgiro payments? Can I obtain a Bankgiro number in my company’s name? Can I connect Swish Företag or Swish Handel? What are the per-transaction fees and settlement terms? Are local SEK payments supported in the format our accounting or payroll software requires?
Do not assume that a platform advertising a local Swedish clearing number automatically includes all domestic payment methods.
How to open a Swedish business account: Step by step
- Identify your company type. Swedish aktiebolag (AB), sole trader (enskild firma) and foreign-incorporated companies may be subject to different rules and packages.
- Confirm the services you need. Decide whether Bankgiro, Swish, payments in SEK, foreign currencies, cards or financing are essential.
- Prepare the company fileDecide whether Bankgiro, Swish, payments in SEK, foreign currencies, cards or financing are essential.
- Compare first-year cost Add opening fees to 12 months of charges and estimated transaction and foreign-exchange costs.
- Apply through your chosen provider Some conventional banks require Swedish e-identification or a branch process; OneMoneyWay describes a digital application.
- Answer compliance queries. Be ready to show expected payment origins and destinations, ownership details and supporting contracts or invoices if requested.
- Test the required payment flows Before relying on the account for payroll, taxes or customer collection, verify the relevant domestic and international functions.
Documents you may need
- Business registration certificate and Swedish organisation number, if applicable.
- Articles of association or other corporate constitutional documents.
- Passport or other accepted ID for directors, authorised signatories and beneficial owners.
- Ownership structure, including any overseas shareholders.
- Business description, website, client and supplier countries, and expected monthly turnover.
- Supporting evidence of operations and source of funds, where requested.
- Tax registration details, company address and contact details.
Not every provider asks for the same documents. Foreign shareholders, high-value transfers or complex corporate structures may result in additional checks. No provider can guarantee acceptance before completing its assessment.
Not every provider asks for the same documents. Foreign shareholders, high-value transfers or complex corporate structures may result in additional checks. No provider can guarantee acceptance before completing its assessment.
Can a foreign company get a Swedish business account?
Potentially, but foreign ownership and foreign incorporation are different questions. Swedish banks may require a meaningful connection with Sweden, local records and extra documentation where owners are not resident in Sweden. SEB, for example, says applicants with foreign owners or non-resident owners may need a non-standard application process.
OneMoneyWay says it currently considers eligible companies incorporated in the EEA and UK, depending on the business activity, structure and risk profile. This is not a promise that a non-Swedish company will be accepted, and it does not mean the platform can issue every type of Swedish domestic payment service.
Banking vs e-money: Is my money protected?
Under Sweden’s deposit guarantee scheme, eligible deposits at covered institutions are generally protected up to SEK 1,150,000 per depositor and institution from 1 January 2026. Riksgälden says this protection applies to qualifying companies as well as individuals, subject to the scheme’s exclusions. Foreign branches may be governed by their home-country scheme.
An e-money payment account is different. Funds are generally subject to the safeguarding regime of the licensed issuer rather than the traditional bank deposit guarantee. OneMoneyWay states that its regulated account and payment services are supplied by partners. Verify the contractual financial institution and the applicable protections before keeping large balances there.
How much does a business account really cost in year one?
For an illustrative Swedish company, published package charges alone can differ materially from the first year’s cost after a setup fee. Nordea advertises SEK 1,300 per year plus SEK 2,500 standard onboarding. Swedbank advertises SEK 1,400 annually plus a SEK 2,500 new-customer connection fee. SEB’s standard package would be SEK 1,560 for 12 months plus SEK 2,500, before any eligible introductory discount; Handelsbanken’s standard package is SEK 1,920 per year before any opening or other charges.
OneMoneyWay’s Micro price is SEK 299 per month billed annually, with a further SEK 99 per month local-account charge stated in its pricing terms. Because eligibility, onboarding and transaction charges can vary, request a personalised written quote rather than relying on an illustrative total. The cheapest annual subscription is not always the cheapest solution for high international transaction volumes.
Read our full reviews
Frequently asked questions
What is the cheapest business account in Sweden?
There is no universal cheapest account. The advertised package fee, onboarding charge, domestic payment fees, exchange-rate costs and your company’s eligibility all matter. Compare total first-year cost for your actual payment needs.
What is the cheapest business account in Sweden?
For a Swedish-registered company, your Swedish organisation number is a standard identifier. Providers may evaluate foreign-incorporated applicants using their home-country registration documents instead.
Can I open a Swedish business account online?
Some banks support online applications, often requiring Swedish identification tools. OneMoneyWay advertises remote digital onboarding, subject to verification and approval.
Can an overseas company get Swedish account details?
It can be possible with a suitable provider. OneMoneyWay advertises Swedish local account details for eligible EEA- or UK-registered businesses. Confirm that the details and payment functions meet your actual needs.
Does a Swedish clearing number include Bankgiro?
No. Bankgiro is a separate service. Ask whether the specific account can be linked to a Bankgiro number and what it costs.
Can I receive Swish payments through OneMoneyWay?
Swish support was not verified in OneMoneyWay’s public product description. Ask the provider for written confirmation before relying on it.
Is OneMoneyWay a Swedish bank?
No. It is a financial platform that makes regulated payment and e-money services available via licensed partners, not a Swedish bank holding its own banking licence.
What does OneMoneyWay cost in Sweden?
The Swedish Micro plan is advertised at SEK 299/month billed annually, and the pricing page separately states SEK 99/month for local business accounts. Prices are indicative. Obtain a personalised total and fee schedule.
Are company deposits protected in Sweden?
Eligible deposits at participating banks are protected under the applicable guarantee rules, generally up to SEK 1,150,000 per depositor and institution in 2026. E-money balances are subject to different protections.
How long does it take to open a Swedish business account?
Processing depends on documentation and the provider’s review. Nordea says it generally processes complete new-business-customer applications within around five days; OneMoneyWay gives short indicative onboarding times after complete documentation, but neither is a guaranteed outcome for a specific company.
Final thoughts
For a Swedish company with everyday domestic payment requirements, compare Nordea, Swedbank, SEB and Handelsbanken on Bankgiro, Swish options, opening costs and service quality. For eligible companies that need local SEK account details and international payments, OneMoneyWay is a reasonable specialist alternative to evaluate—but not a substitute for every function of a licensed Swedish bank.
Next step: Explore OneMoneyWay’s available options or use GlobalBusinessAccounts’ matching tool to compare suitability.
Affiliate link. An application or account opening is never guaranteed. Fees and eligibility are set by the provider and its regulated partners.
Sources and editorial methodology
This editorial comparison uses publicly advertised standard packages, financial-services product pages and official public guidance, reviewed on 25 October 2026. Providers were selected to cover several established banks and one international payments platform. Inclusion does not constitute a comprehensive Swedish market survey or an endorsement of one institution above the others. We did not independently test application acceptance, pricing offered to individual companies, Bankgiro availability on OneMoneyWay, or all transaction tariffs.
- Nordea — Become a business customer and Business account
- Swedbank — Företagspaketet and Sole trader / onboarding fees
- SEB — Business customer packages
- Handelsbanken — Företagspaketet
- OneMoneyWay — Swedish account, Swedish pricing and Regulated partners / FAQ
- Bankgirot — What is a Bankgiro number?
- Riksgälden — Swedish deposit guarantee
- Bolagsverket — Swedish private limited companies
Editorial responsibility: GlobalBusinessAccounts is an independent comparison website operated by Velivion Ltd. It is not a bank, payment institution or licensed financial adviser. All services, prices, risk assessments and account decisions remain with the named financial providers.