When sending money internationally to Sweden’s SVENSKA HANDELSBANKEN AB, understanding how to correctly use a SWIFT/BIC code is essential. This code serves as a critical component for outgoing transfers and ensures the transaction proceeds smoothly.
A SWIFT/BIC code acts as a unique identifier for banks during international transfers, functioning like a financial "passport." For SVENSKA HANDELSBANKEN AB, the code is HANDSESS , which guarantees funds are routed accurately to the intended bank and account.
The bank is headquartered at Blasieholmstorg 11 in Stockholm, Sweden, with the postal code 106 70. As one of Sweden’s leading financial institutions, it offers a broad range of banking services. However, international transfers often incur fees, which vary depending on the originating bank and intermediary charges.
For example, if you send $10,000 from the United States, the recipient in France may receive approximately €8,461 after currency conversion and fees. This underscores the importance of understanding each step of the transfer process, including associated costs.
With this knowledge, individuals and businesses can execute international transactions more efficiently, whether for professional obligations or personal needs.