SKANDINAVISKA ENSKILDA BANKEN AB Luxembourg Branch products, services and reviews

About SKANDINAVISKA ENSKILDA BANKEN AB Luxembourg Branch

Skandinaviska Enskilda Banken AB (publ), Luxembourg Branch is the Luxembourg outpost of the Swedish banking group SEB and operates as a branch rather than a separate legal entity, meaning obligations are those of the parent bank. It provides cross-border corporate and institutional banking typical of SEB’s international network, including bilateral and syndicated lending, cash and liquidity management, international payments, trade finance, and foreign exchange and interest rate risk management, with access to capital markets and other group services where applicable. The branch’s services are generally relationship-based and subject to eligibility, due diligence and internal risk appetite; onboarding follows EU and Luxembourg anti-money laundering and tax transparency requirements (KYC/UBO verification, FATCA/CRS) and MiFID II client categorisation for investment services. Pricing is negotiated or tariff-based depending on product and usage, and can include account, transaction, liquidity, and credit facility fees. It is a host-state establishment in Luxembourg under EU passporting rules, with prudential supervision led by the Swedish Financial Supervisory Authority and local conduct and AML oversight by the Luxembourg CSSF. Deposits and investment services at the branch fall under Sweden’s statutory protection schemes in line with EU directives rather than Luxembourg’s FGDL, with coverage limits and conditions defined by Swedish law. Payment capabilities include standard euro and cross-currency processing and connectivity consistent with corporate e-banking and SWIFT channels used across SEB’s network. Day-to-day operations follow the group’s risk, compliance, and resolution frameworks under Swedish legislation and EU prudential regimes (CRR/CRD). SEB also maintains other Luxembourg entities that address activities such as private banking and fund-related services; the branch’s focus is corporate and institutional banking tied to cross-border needs.