GIFVSE21

GLOBAL INVEST FINANSFORMEDLING SVERIGE, BIC/SWIFT Code Details

Address: STORA TORGET 3 LINKOPING 582 23, SWEDEN

Payment Instructions

General instructions for international payments to banks in SWEDEN:

Information provided by the Beneficiary: Remitter should obtain all required bank information from the Beneficiary (e.g., SWIFT BIC, IBAN, and beneficiary bank address).

Currency & Clearing Information: Sweden is a member of the European Union (EU) and is adopting best payment practices within the community, although the country has not adopted the euro.

Account Restrictions: Residents and non-residents are permitted to open and maintain domestic or foreign currency accounts either locally or abroad.

SEPA: Strict formatting standards and SEPA guidelines exist in Europe regarding cross-border payments. IBAN and SWIFT BIC are required for all euro payments. SEPA standards apply for euro payments to beneficiaries with accounts in Sweden.

Payment Formatting Rules for SEK:

Additional Information: The beneficiary bank may choose to process incoming SWIFT messages before the value date in Field 32.

IBAN: In Sweden, the IBAN consists of 24 characters. The structure is 'SE' followed by 2 check digits, 3 bank code numbers, 16 account numbers, and a single character. Example in electronic format: SE9875432198712341234561. Example in print format: SE98 7543 2198 7123 4123 4561.

Correspondent Banks

Standard Settlement Instructions (SSI) contain the list of correspondent banks of GLOBAL INVEST FINANSFORMEDLING SVERIGE for each currency.

Payment Tracking

To track a SWIFT cross-border payment to or from GLOBAL INVEST FINANSFORMEDLING SVERIGE, you need a UETR code, reference number, amount, payment date, and currency. This information is typically found in an MT103 form.

Disclaimers

We are doing our best to demystify cross-border payments, however TrackMySwift is not responsible for any delays or losses related to usage of the information and services from our web site. Please contact your banks to receive a safe advise. Country-specific payment instructions have been prepared based on Global Wires Payments Formatting Requirements Guide from J.P.Morgan.