- Last reviewed 25 October 2026
- By the GlobalBusinessAccounts team
- Checked against official sources.
At a glance
- Question
- Quick answer
- Main market
- Sweden; SEK-denominated business operations
- Companies considered
- Primarily Swedish businesses; provider-specific eligibility applies
- Traditional banks covered
- Nordea, Swedbank, SEB, Handelsbanken
- Payment platform covered
- OneMoneyWay, using regulated partners
- Key price distinction
- Subscription + onboarding + usage fees
- Essential local features
- Bankgiro, Swish for businesses, Swedish payment details
- Main recommendation
- Compare the full first-year cost and required services
Key takeaways
- SEB can have a lower advertised first-year base price for eligible new corporate customers: SEK 3,280, reflecting a six-month package-fee promotion and a SEK 2,500 start fee. Check that the promotion applies to your business.
- Nordea advertises SEK 1,300 per year plus SEK 2,500 to join, making a simple first-year base of SEK 3,800.
- Swedbank advertises SEK 1,400 per year plus SEK 2,500 to join, or SEK 3,900 in the first year.
- Handelsbanken advertises SEK 160 per month (SEK 1,920 a year), but a comparable account-opening charge must be confirmed before ranking its first-year cost.
- OneMoneyWay Micro advertises SEK 299 per month billed annually, with an additional SEK 99 per month for a local Swedish account. SEK 4,776 per year is an indicative subscription calculation, not a confirmed all-in quote.
- A Swedish account number does not automatically include Bankgiro or Swish. Confirm these separately before committing to a provider.
Which is the cheapest business account in Sweden?
It depends on whether you mean the smallest annual subscription, the lowest opening-year bill or the cheapest solution for your company’s actual payment pattern.
For published basic annual subscriptions, Nordea has one of the lowest prices among the four traditional bank packages compared here. Its advertised opening charge means the first year costs considerably more than SEK 1,300 before transactions.
For a qualifying new corporate customer, SEB’s currently advertised six-month package promotion can lower first-year base costs below Nordea and Swedbank. Promotional terms may change and do not apply to every customer type.
Handelsbanken is difficult to place in a definitive first-year ranking until its account-opening costs and individual conditions are known. OneMoneyWay is more relevant where international operations, digital onboarding and local Swedish payment details matter than where the subscription is the only deciding factor.
2026 comparison table: Subscription and opening costs
| Provider and product | Published recurring cost | Standard joining/setup cost | First-year base calculation |
|---|---|---|---|
| Nordea — Företagspaket | SEK 1,300/year | SEK 2,500 | SEK 3,800 |
| Swedbank — Företagspaketet | SEK 1,400/year | SEK 2,500 | SEK 3,900 |
| SEB — Företagspaketet | SEK 130/month | SEK 2,500 | SEK 3,280 if six-month offer applies; otherwise SEK 4,060 |
| Handelsbanken — Företagspaketet | SEK 160/month | Confirm with bank | SEK 1,920 + any opening charge |
| OneMoneyWay — Micro | SEK 299/month, annual billing | Request individual quote | From SEK 4,776/year including SEK 99/month local-account fee, plus other charges |
Method: Add the published package charge over 12 months to the advertised onboarding fee. For SEB’s promotional scenario, only six months of SEK 130 package fees are charged in the first year. For OneMoneyWay, (299 + 99) x 12 = SEK 4,776, assuming the local-account surcharge applies for all 12 months. We exclude transaction, foreign exchange, card and other variable fees. These are not identical products, and the calculations are not guaranteed offers.
Five-year example: A cheaper monthly fee may matter more later
At the published base rates, Nordea’s five-year package-and-joining total would be SEK 9,000 (SEK 2,500 + five annual subscriptions of SEK 1,300). Swedbank would be SEK 9,500 (SEK 2,500 + SEK 1,400 x 5). SEB would be SEK 9,520 if a qualifying business receives the advertised first-half-year waiver (SEK 2,500 + SEK 130 x 54 months). These illustrations assume unchanged prices, continuous eligibility and no additional charges, and do not estimate interest or future pricing.
This is why it is usually more useful to estimate account costs over your planned business horizon than to rely on a single monthly headline.
Detailed provider reviews
1. Nordea — Low annual base subscription
Nordea’s Swedish Företagspaket is advertised at SEK 1,300 per year, with a SEK 2,500 start fee for new business customers. The package description includes a business account with PlusGiro and Bankgiro, cards and digital business banking.
Pros: A clearly published annual package price, Swedish payment infrastructure and access to broader bank services. Cons: Opening costs and usage-based fees may matter for a newly incorporated business; acceptance is subject to identity and company checks.
Best fit: A Swedish company that values an established banking relationship and expects to use ordinary local business payments.
2. Swedbank — Broad everyday business package
Swedbank lists SEK 1,400 per year for Företagspaketet and a SEK 2,500 joining fee for new business customers. The package includes a business account, Bankgiro, app and internet banking along with specified card products.
Pros: Familiar Swedish business-payment functions and one published annual package price. Cons: Some merchant, Swish, transaction and other services can cost extra; onboarding requirements still apply.
Best fit: Businesses seeking a familiar Swedish everyday banking arrangement with Bankgiro needs.
3. SEB — Strong first-year promotional scenario
SEB advertises Företagspaketet for SEK 130 per month with a SEK 2,500 joining fee and the first six months of the package fee free for qualifying new business customers. That gives a calculated first-year base cost of SEK 3,280, rather than SEK 4,060 without the promotion.
Its standard corporate package includes a business account with Bankgiro and digital banking. SEB also offers a separate Enkla firman product for sole traders, priced differently; do not confuse the two.
Pros: Potentially lower opening-year base fees and an established business banking range. Cons: Promotional conditions and business-form restrictions must be checked, and transaction costs remain separate.
Best fit: Eligible newly onboarded companies that intend to use the standard corporate package.
4. Handelsbanken — Check total fees before comparing
Handelsbanken advertises its Företagspaketet at SEK 160 per month, equivalent to SEK 1,920 per year. The bank notes that transaction, file and integration fees are additional.
Because an equivalent one-time onboarding fee has not been verified from the package page, it would be misleading to label the SEK 1,920 subscription as the full first-year cost.
Pros: A traditional banking relationship and a flexible package with additional services. Cons: Obtain a written opening-fee and services quote before comparing total costs against other banks.
Best fit: Companies that want relationship banking and can confirm relevant charges during onboarding.
5. OneMoneyWay — Alternative for international operations
OneMoneyWay is not a bank. It is a financial platform that facilitates payment services through regulated partners. Its Swedish pricing page advertises Micro at SEK 299 per month, Starter at SEK 599 per month and Business at SEK 999 per month, billed annually. Its terms also state that issuing local accounts in Sweden, Denmark or Norway adds SEK 99 per month, paid annually.
Its Micro plan advertises one Swedish business account, one virtual card and access to an invoicing module. Other services and transaction allowances vary by plan. OneMoneyWay says pricing is indicative and depends on business turnover and sector. Additional onboarding, transaction and foreign-exchange charges must be confirmed directly.
Pros: Swedish local payment-account option, online application and cross-border payment capabilities. Cons: A higher advertised fixed subscription than several bank packages; local-account surcharge and variable charges; safeguarding rather than conventional deposit-guarantee protection for applicable e-money services. Do not assume Bankgiro or Swish functionality without written confirmation.
Best fit: Eligible EEA- and UK-incorporated companies that need Swedish local payment details alongside international payment services, rather than the lowest headline price.
Explore OneMoneyWay's business account offering
Affiliate link. The link currently opens OneMoneyWay’s Danish landing page. Confirm Swedish language routing and commission attribution before publication.
What makes a business account genuinely inexpensive?
A small company handling 10 domestic transfers each month has a very different expense profile from an import business making dozens of international transfers and currency conversions. Ask each provider for a complete, company-specific estimate.
- 1. Fixed charges: Opening, account subscription, extra users, cards and accounting integration.
- 2. Domestic payments: Transfers, Bankgiro receipts, payroll files and direct debits where relevant.
- 3. Cross-border payments: International transfer charges, intermediary fees and foreign-exchange spreads.
- 4. Cash handling and credit: If you need cash deposits, an overdraft or a loan, confirm whether the provider actually offers them.
- 5. Administrative costs: The time needed to reconcile payments and work with your bookkeeping software can outweigh a small subscription saving.
Bankgiro and Swish are not automatically included
A Swedish clearing number and account number are payment identifiers, while a Bankgiro number routes business payments via a separate service. Bankgirot says a company should contact its bank to connect a Bankgiro number to an account. Swish for businesses likewise depends on participating banking arrangements and agreed services. Ask for written confirmation of Bankgiro, OCR references and Swish availability, not just whether an SEK account exists.
Bank deposits versus e-money safeguarding
Sweden’s statutory deposit guarantee covers eligible deposits at participating institutions; the maximum is SEK 1,150,000 per depositor and institution from 1 January 2026, and the guarantee may cover companies as well as individuals. Check the institution and account type with Riksgälden. OneMoneyWay states that its services are provided by regulated partners; an e-money balance is generally subject to safeguarding rules rather than the Swedish bank deposit guarantee. The contractual provider and actual protection must be checked before leaving material company funds on an account.
How to apply without wasting time
Before applying, gather the company’s registration information, shareholder and beneficial-owner details, directors’ identification, explanation of its activities, countries of operation and expected transaction flows. Some providers require BankID, Swedish business registration, or additional evidence where owners reside abroad. A complete application may reduce back-and-forth, but does not guarantee approval.
Choose your primary use case first: Swedish local billing, international transfers, or access to wider banking services. Next, compare two or three eligible providers on total cost and functionality. Finally, obtain written confirmation of pricing and protection of funds before submitting the application.
Read our full reviews
Frequently asked questions
What is the cheapest business bank account in Sweden in 2026?
Among the listed conventional banks, the lowest published recurring package fee is Nordea’s SEK 1,300 per year. For eligible new customers, SEB’s six-month subscription waiver may produce the lowest calculated first-year base bill among Nordea, Swedbank and SEB. This does not account for transaction fees or Handelsbanken’s unconfirmed opening charges.
Which provider has the lowest joining fee?
The published standard start charge is SEK 2,500 at Nordea, Swedbank and SEB. Handelsbanken’s comparable fee must be checked. OneMoneyWay’s individual opening and other charges require a quote.
Is SEB really free for the first six months?
SEB advertises a waiver of the monthly corporate-package subscription for the first half-year for qualifying new business customers. Its joining charge and other payable services are not automatically waived.
Is OneMoneyWay the cheapest option?
Not on the fixed charges compared here. Its advertised Micro subscription and local Swedish account charge together total SEK 4,776 annually before additional costs. Its value proposition is different: access to locally denominated payments and international operations through regulated partners.
Does an SEK account include Bankgiro?
No. A Swedish account number alone does not prove that Bankgiro can be connected or that Bankgiro services are included. Ask the provider directly.
Can I accept Swish payments with any business account?
Not necessarily. Business Swish services require appropriate bank and service arrangements and may have additional fees.
Can a foreign-owned Swedish company apply?
Possibly. Banks review ownership, registration, activity and documentation. Some applications with foreign owners may follow a different process. OneMoneyWay says eligible EEA- or UK-incorporated firms may apply subject to checks.
Is a sole trader charged the same price as an AB?
Not always. SEB has a separate Enkla firman package for sole traders; it should not be substituted for its standard corporate package when comparing company products.
Are Swedish business deposits covered by a guarantee?
Eligible bank deposits can be covered under the applicable guarantee. Riksgälden’s Swedish limit in 2026 is SEK 1,150,000 per depositor and institution, subject to eligibility and account conditions. E-money is different.
Are these bank account fees inclusive of transfers?
Not necessarily. Transfer, Bankgiro, international and service fees can be charged separately. Refer to each provider’s complete price list.
Can I open an account entirely online?
Some banks and payment platforms allow a digital application, but identity verification, business checks and requests for additional documents still apply.
How often should I recheck the quoted prices?
Check fees when applying, and review this article at least quarterly. Promotion terms and onboarding fees can change without the comparison page being updated immediately.
Conclusion: Cheapest is not always best value
For straightforward Swedish business banking, start by comparing Nordea, Swedbank and SEB’s complete packages, and ask Handelsbanken for a tailored total-cost quote. A business facing international payments may have different priorities and should evaluate OneMoneyWay alongside the banks, without assuming equivalent protections or local payment-service features.
Explore OneMoneyWay’s account options
If you need more context, review the Sweden business-account comparison on GlobalBusinessAccounts.com once the related article is published.
Sources and editorial methodology
Prices are drawn from provider pages reviewed on 25 October 2026. The example calculations use public base package prices and joining charges only; eligibility and charges vary. This is a selective comparison rather than a comprehensive Swedish market ranking. Affiliate relationships do not determine fee calculations.
- Nordea — Företagspaket
- Swedbank — Företagspaketet
- Swedbank — joining fee for a new business
- SEB — standard company package and promotion
- Handelsbanken — Företagspaketet
- OneMoneyWay — Swedish pricing and regulated partners
- Bankgirot — business payment-number FAQs
- Riksgälden — deposit guarantee
About GlobalBusinessAccounts: We publish independent informational comparisons of business-account providers. We are not a bank, do not open accounts and do not guarantee any provider’s eligibility decisions, fees or approval time.
GlobalBusinessAccounts editorial team
We review business account providers against official registers and each provider's own published terms, and update articles when terms change. Last reviewed 16 October 2026. How we check
Written by the GlobalBusinessAccounts team. This is general information, not legal, tax or financial advice. Provider terms change, so check each provider's current terms before applying.