SWIFT Code RIKSSESS — SVERIGES RIKSBANK, STOCKHOLM

About SWIFT Code RIKSSESS — SVERIGES RIKSBANK, STOCKHOLM

SWIFT code RIKSSESS is the official 8-character head-office BIC (Bank Identifier Code) for SVERIGES RIKSBANK in STOCKHOLM, Sweden. Standardised under ISO 9362 and maintained by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), this code is used exclusively for cross-border wire transfers and is recognised by financial institutions in over 200 countries.

This code must be provided to the sender when receiving money from abroad, and is required by SVERIGES RIKSBANK for all outward international remittances from STOCKHOLM. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code RIKSSESS

The code RIKSSESS follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code RIKSSESS

Receiving International Wire Transfers

To receive money from abroad at your SVERIGES RIKSBANK account in STOCKHOLM, share SWIFT code RIKSSESS with the sender along with your full account number, your name as on the account, and the branch address.

NRI Remittances

Non-Resident Indians sending money to NRO/NRE accounts at SVERIGES RIKSBANK, STOCKHOLM must provide SWIFT code RIKSSESS. Major remittance platforms — including Wise, Remitly, Western Union, and MoneyGram — use this code to route transfers accurately.

Trade Finance and Foreign Payments

Importers and exporters using SVERIGES RIKSBANK in STOCKHOLM rely on SWIFT code RIKSSESS for letters of credit, bank guarantees, and foreign currency settlements.

SWIFT Code vs IFSC vs MICR vs BSR — Key Differences

Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for SVERIGES RIKSBANK →

For cheque clearing or NACH mandates, use the MICR code for SVERIGES RIKSBANK →

For TDS challan deposits, find the BSR code for SVERIGES RIKSBANK →

How SWIFT Code RIKSSESS Routes an International Transfer

1. Initiation: The sender provides SWIFT code RIKSSESS and account number to their bank.
2. Validation: The sending bank validates the BIC against the SWIFT registry.
3. Routing: An MT103 SWIFT message is transmitted through the network to SVERIGES RIKSBANK.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: SVERIGES RIKSBANK receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code RIKSSESS

• Spaces or lowercase letters — Always enter RIKSSESS uppercase with no spaces.
• Using the wrong city — This code is for STOCKHOLM only.
• Truncating to 8 characters — When 11 characters are required, always use the full code.
• Using SWIFT for domestic transfers — Use the IFSC code for any transfer within Sweden.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm RIKSSESS directly with SVERIGES RIKSBANK's STOCKHOLM branch or via the SWIFT BIC Directory.