Handelsbanken SWIFT Code: HANDSESS

The SWIFT/BIC code for Handelsbanken is HANDSESS. HAND identifies Handelsbanken, SE stands for Sweden, and SS is the Stockholm location code. This code routes international wire transfers to Handelsbanken accounts in Sweden.

Handelsbanken operates a decentralized model where each branch makes its own credit decisions with no centralized sales targets. Founded in 1871, the bank has roughly 380 branches across Sweden, the UK, Norway, Denmark, Finland, and the Netherlands.

SEK Transfers and the Swedish Krona

Sweden uses the krona (SEK), which floats freely against the euro. Handelsbanken processes incoming international wires in SEK, EUR, USD, GBP, NOK, and DKK. SEK transfers from other Nordic banks typically settle same-day through the RIX payment system.

For non-SEK incoming wires, Handelsbanken converts at its daily posted exchange rate. The bank charges between SEK 50 and SEK 250 for incoming international transfers depending on the account type and currency.

Handelsbanken in the UK and Nordic Markets

Handelsbanken has a significant UK presence with over 200 branches, each operating under the same decentralized model. UK branches use a separate SWIFT code (HANDGB2L). Wires to Swedish accounts must use HANDSESS specifically.

The bank is a primary dealer in Swedish government bonds and an active participant in Scandinavian money markets. Corporate clients with operations spanning multiple Nordic countries often consolidate treasury through Handelsbanken due to its presence in all five Nordic markets.

How Slash fits in

Slash captures wire transfers to and from Handelsbanken in real time. For teams managing SEK and multi-Nordic cash positions, Slash consolidates payment data across your Nordic banking relationships automatically.

Handelsbanken SWIFT Code: HANDSESS