Sweden · Switching

Switching business account in Sweden

Snapshot

Sweden has no single automatic business account switch guarantee, so switching is a managed move. You open the new account, transfer incoming payment details, any Bankgiro number, recurring direct debits known as autogiro, salary and supplier payment files, card and accounting integrations, and Swish for business, then close the old account once everything has settled. As of 24 February 2026.

Switch service
No single automatic guarantee. A managed move, with some bank help available.
Key items to move
Incoming payments, Bankgiro, autogiro mandates, payment files, Swish for business
Bankgiro number
May be linkable to the new account in some cases, otherwise replaced
Best practice
Run both accounts in parallel until nothing routes to the old one
Fees and features as of 24 February 2026Last reviewed 24 February 2026

General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.

Switching a business bank account in Sweden is a managed move rather than an automatic transfer, because there is no single switch guarantee in the way some other countries run one. You open the new account, move incoming payment details, any Bankgiro number, recurring direct debits known as autogiro, salary and supplier payment files, card and accounting integrations, and Swish for business, then close the old account once everything has settled. Running both accounts in parallel for a period reduces the risk of missed payments. Positions here are shown as of 24 February 2026. Verify current terms with each provider.

How switching a business account works in Sweden

There is no single automatic business account switch guarantee in Sweden, so the move is something you manage step by step. The aim is to redirect every incoming payment and every outgoing mandate to the new account before you close the old one. Some banks help move certain items, and a Bankgiro number can in some cases be linked to the new account rather than replaced, but the detail depends on the banks involved. Plan the move so nothing important is still routing to the old account when you close it. As of 24 February 2026.

What to move

Update incoming payment details with customers, move or relink any Bankgiro number, recreate recurring direct debits known as autogiro, transfer salary and supplier payment files, reconnect card payment and accounting integrations, and move Swish for business if you use it. Tell the Swedish Tax Agency, Skatteverket, the new account for any tax refunds, and update payroll and any subscriptions. As of 24 February 2026.

Avoiding missed payments

Run both accounts in parallel for a period and keep enough balance in the old account for any pending direct debits. Move incoming payments and mandates in stages, check that each one lands in the new account, and only close the old account once nothing is still routing to it. Confirm timing and any help with both banks. As of 24 February 2026.

Switching checklist

Work through these items when switching a business account in Sweden, as of 24 February 2026. Verify with the provider

  • Incoming payment details and any Bankgiro number, confirming whether the number can move or must be replaced.
  • Recurring direct debits known as autogiro, standing payments, and salary and supplier payment files.
  • Card payment and accounting integrations, Swish for business, and the account on file with the Swedish Tax Agency.

How to switch step by step

  1. Open the new business account and confirm the new incoming payment details and any Bankgiro arrangement.
  2. Move incoming payments and mandates in stages, and run both accounts in parallel while you check each one lands correctly.
  3. Once nothing is routing to the old account, settle any pending items and close it, confirming there are no remaining fees.

Compare business accounts available in Sweden

These providers accept business customers in Sweden if you are switching. Fees and eligibility shown as of 24 February 2026. Confirm current terms with the provider before applying.

Compare business accounts →

Questions about business banking in Sweden

Is there a formal account switch service for businesses in Sweden?
Sweden does not have a single automatic business account switch guarantee in the way some other countries do. In practice you open the new account, move your payment mandates and incoming payments across, and close the old account once everything has settled. Banks can help move some items, so confirm what support is available. As of 24 February 2026. Verify with the provider.
What do I need to move when switching business account in Sweden?
Move your incoming payment details, any Bankgiro number or arrange a new one, recurring direct debits known as autogiro, standing payments, salary and supplier payment files, card payment and accounting integrations, and Swish for business if you use it. Update customers and the Swedish Tax Agency with the new account for any refunds. As of 24 February 2026. Verify with the provider.
Will I keep my Bankgiro number when I switch?
A Bankgiro number can in some cases be linked to a new bank account rather than replaced, which avoids reprinting it on invoices, but this depends on the banks involved. Confirm whether your Bankgiro number can move or whether you need a new one before you switch. As of 24 February 2026. Verify with the provider.
How do I avoid missed payments when switching?
Run both accounts in parallel for a period, keep enough balance in the old account for pending direct debits, move incoming payments and mandates in stages, and close the old account only once nothing is still routing to it. As of 24 February 2026. Verify with the provider.

Fees, features, and eligibility change and vary by region. This page was last reviewed on 24 February 2026. Confirm current terms with the provider before applying.

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