Consultants in Sweden can choose between international online accounts and traditional Swedish banks. Revolut Business and Wise Business suit consultants who invoice overseas clients and want low cost foreign payments, Airwallex gives a Swedish krona account with local details, and banks such as SEB and Swedbank offer a local account with Bankgiro and Swish for business.
Suits Consultants best
Depends on needs. Revolut Business and Wise Business suit consultants with overseas clients, while a traditional Swedish bank suits consultants who want a local account with Bankgiro and Swish for business.
Typical monthly fee
From zero on a free or basic plan up to a few hundred kronor a month depending on provider and plan, as of 28 April 2026.
Non resident position
Possible with full checks. Traditional Swedish banks ask for heavy documentation and often a branch visit, while electronic money providers may accept European Economic Area registered companies. Unclear cases, verify with the provider.
Providers that fit
Several. At least three providers fit this profile in Sweden.
Fees and features as of 28 April 2026Last reviewed 28 April 2026
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
Independent consultants and small consultancies in Sweden usually need a simple business account with low running costs, clean invoicing and value added tax records, and good foreign payment terms where clients are abroad. Revolut Business and Wise Business help consultants who work across currencies, Airwallex helps with collections, and a traditional Swedish bank suits consultants who want a local account with Bankgiro and Swish for business. Fees and features below are shown as of 28 April 2026, so confirm current terms with the provider.
What Consultants in Sweden need from a business account
Consultants invoice clients for time and expertise, often with few transactions but a need for tidy records. The features that matter most are low running costs, simple invoicing and bookkeeping exports, a card for expenses, and fair foreign payment terms where clients pay from abroad. Cash handling is rarely needed, which is why online providers fit many consultants, though a traditional Swedish bank remains useful for local payment services such as Bankgiro and Swish for business.
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Revolut Business
Opened online, with multi currency accounts, cards and expense tracking that suit a solo or small consultancy. Support is mainly in app.
What business account suits a consultant in Sweden?
It depends on your clients and currencies. Revolut Business and Wise Business suit consultants who invoice overseas clients and want low cost foreign payments, while Airwallex gives a Swedish krona account with local details. A traditional Swedish bank suits consultants who want a local account with Bankgiro and Swish for business. Compare the features you use and verify current terms with the provider. This is general information, not advice.
Can a sole consultant open a business account in Sweden?
It depends on your structure. A sole trader, known as an enskild firma, or a private limited company, an aktiebolag, can apply, and the requirements differ. Some electronic money providers support sole traders. Confirm eligibility for your structure with the provider, since policies vary.
Do I need an F tax status to invoice clients?
Many Swedish clients expect a consultant to hold an approved F tax status from Skatteverket, the Swedish Tax Agency, which affects how tax is handled on invoices. This is a tax matter, not a banking requirement, so confirm your position with Skatteverket or an adviser. This is general information, not advice.
Do these accounts handle foreign currency?
Yes. Wise Business, Revolut Business and Airwallex hold and convert several currencies, which suits consultants with overseas clients. Conversion costs and allowances differ by provider and plan. Verify the current foreign exchange terms with the provider before applying.
Fees, features, and eligibility change and vary by region. This page was last reviewed on 28 April 2026. Confirm current terms with the provider before applying.