In today's increasingly interconnected global financial system, understanding bank SWIFT/BIC codes has become essential. This is particularly true when making international transfers, where accurate banking information ensures successful transactions. This article provides key details about Svenska Handelsbanken AB's SWIFT/BIC code, transfer methods, and associated fees to help ensure your funds arrive safely and promptly.
Svenska Handelsbanken's SWIFT/BIC Code
The SWIFT/BIC code for Svenska Handelsbanken AB is HANDSESSFIC . Headquartered in Stockholm, Sweden, the bank's address is Blasieholmstorg 11, Stockholm, Stockholm, 106 70. This code is required for both personal and business international transfers to ensure accurate routing of funds.
Transfer Methods and Processing Times
When sending money internationally through Svenska Handelsbanken, customers have two primary options:
- Direct Debit : Typically processes within 3 business days
- Bank Transfer : Generally completes within 24 hours
Notably, both methods carry no transfer fees ($0.00), offering cost-effective solutions for international transactions.
Understanding Exchange Rates
When making international transfers, being aware of current exchange rates is crucial. Based on XE data, the current transfer rate stands at 0.8457. This information is particularly important for larger transactions, such as transferring $10,000.00, as it helps anticipate the exact amount that will be received after currency conversion.
Svenska Handelsbanken AB provides transparent international banking services with clearly defined SWIFT/BIC codes and straightforward transfer processes. Understanding these details before initiating cross-border transactions can help ensure smooth financial operations and the secure delivery of funds to their intended destination.