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SWIFT services

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Swedbank offers companies based abroad or customers who have account(s) with foreign banks the possibility to operate their accounts using the SWIFT service.

SWIFT (Society for Worldwide Interbank Financial Telecommunication) is the standard international banking information exchange network through which one can send transaction orders to banks in various countries.

Please contact the bank if you wish to enter into the SWIFT services use agreement.

Reporting services for better liquidity management: SWIFT MT940, MT941, MT942

  • If the account is with Swedbank

    The statement of an account with Swedbank can be sent to another bank or corporate (member of SCORE) by SWIFT message (MT940, MT941, MT942), which is usually displayed to the client in the Internet bank of a foreign bank.

    • A SWIFT MT940 message is a statement of the transactions for the previous day, which is forwarded to the bank/corporate specified by the client by 6:00 a.m. of the following banking day (Central European time). The statement contains full information about receipts to the account and payments from the account sorted by currencies.
    • MT941 is intra-day balance statement, which is used to transmit balance information, reflecting the situation at the identified time.
    • MT942 is intra-day transacton report, which is used to transmit detailed information about entries debited or credited to the account at the identified time.

Forwarding of payment orders by SWIFT message: SWIFT MT101*

  • If the account is with Swedbank

    It is possible to submit a domestic or international payment order to Swedbank through a foreign bank by SWIFT message (MT101). Depending on the foreign bank, a payment order can be sent through the internet bank or submitted to a bank branch.
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