One of the first practical things you’ll want to do after moving to Sweden is open a local bank account. Whether you’re here to work, study, or settle down, having a Swedish bank account makes everyday life a lot easier, paying rent, receiving your salary, signing up for mobile services, and even swishing your friends for fika.
But how exactly do you open a bank account in Sweden? It’s not always straightforward, especially if you’re new to the system. Here’s what I’ve learned through my own experience and what I heard from other expats.
Why You Need a Swedish Bank Account
While some international banks or fintech apps might work temporarily, a local Swedish bank account gives you access to key services like:
– Receiving your salary – Paying bills through Bankgiro
– Using Swish, Sweden’s popular mobile payment app
– Getting BankID, the digital identification system used for almost everything (from online banking to signing contracts or logging into Skatteverket)
According to konsumenternas.se, all consumers who can prove that they are resident in the EEA have the right to open a so-called payment account with basic functions in Swedish banks.
What You Need to Open an Account
Each bank may have slightly different requirements, but in general, you’ll need:
A Valid Passport or National ID
Make sure it’s valid and in good condition. If you’re an EU/EEA citizen, a national ID card may also be accepted.
Swedish Personnummer
Most banks will require you to have a Swedish personal identity number (personnummer), which you get by registering with Skatteverket. Some banks might allow limited access without one, but it can be restrictive.
If you’re not sure how to get one, check out our guide: Understanding the Swedish Personal Number (Personnummer) and How to Get One
Proof of Address in Sweden
This could be a rental contract, utility bill, or an official letter addressed to you at your Swedish address.
Residence Permit (for non-EU/EEA citizens)
If you’re from outside the EU, you may also need to show your residence permit or decision from the Migration Agency.
Employment or Study Proof (if applicable)
Some banks ask for an employment contract, university enrollment, or other documentation showing your reason for staying in Sweden.
What If You’re Not Working or Studying Yet?
If you’ve moved to Sweden as a spouse or partner, maybe on a family residence permit, and don’t have a job or student status yet, opening a bank account can be a little more challenging, but it’s still possible. Here’s what can help:
Have your personnummer
This is key. Even if you’re not employed or enrolled in school, having your personnummer in place shows that you’re officially registered in Sweden. If you will stay in Sweden less than a year, you need to apply for a coordination number (samordningsnummer) instead.
Apply for an Identity card at the Swedish Tax Agency
You can use this card in Sweden to confirm your identity and your age.
Bring documentation of your residence permit
Your permit typically shows that you are allowed to live in Sweden as a family member of someone who works or studies here.
Show proof of relationship (if asked)
Some banks might ask for documents that show your connection to your spouse or partner, especially if your permit is based on their status.
Bring your partner with you
If your partner already has a Swedish bank account, it may help to go together to the bank. Some banks are more open when they see the connection and know that you’re part of a household.
Be prepared to explain your situation
Simply explain that you’re newly arrived and are here on a family permit, and that you need a personal account to manage your finances independently.
Banks assess each case individually, so while one branch may say no, another might be more flexible. If one bank declines, try another, or even another location of the same bank.
How to Apply
Here’s how the process typically works:
1. Choose a Bank
Some of the most common banks in Sweden include:
– SEB
– Nordea
– Handelsbanken
– Danske Bank
– Swedbank
– ICA Banken
– Länsförsäkringar Bank
Visit their websites or call your local branch to confirm what documents you’ll need.
2. Visit a Branch in Person
Most banks require your first meeting to be in person and you will need to book an appointment. You’ll provide your documents and answer a few questions about your stay in Sweden.
3. Wait for Approval
After submitting your documents, you might wait a few days before receiving confirmation and your bank card in the mail.
Don’t Forget: BankID and Swish
Once your account is active, you can request BankID, Sweden’s digital ID system. It’s essential for almost everything, from verifying your identity online to booking appointments or accessing government services. If you can’t get a BankID from you bank, you can get other electronic ID from other companies such as Freja+.
You’ll also want to download the Swish app this is how Swedes pay each other, split bills, or pay for things in small shops.
Tips for a Smoother Process
– Bring all your documents, even more than you think you’ll need.
– Be clear and honest about your situation. Most staff are helpful once they understand your case.
– Try multiple banks if needed, some are more flexible than others.
Stay calm and polite, even if the process is slow or confusing.
To conclude
Opening a bank account in Sweden can feel like a big hurdle when you’re settling in but with a bit of patience, it’s absolutely doable. Whether you’re working, studying, or supporting your family while they do, it’s your right to access financial services. And once it’s done, you’ll feel a little more rooted in your new Swedish life.
Disclaimer: This article is based on personal experience and general guidance. It is not legal or financial advice. Always check directly with your bank for the most current requirements and procedures.
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