Svea Bank AB products, services and reviews

About Svea Bank AB

Svea Bank AB is a Swedish bank within the privately held Svea Ekonomi Group, headquartered in Solna, authorized as a bank in Sweden and supervised by Finansinspektionen. The bank focuses on transaction services and credit for small and mid-sized enterprises alongside selected retail products. Business customers can access operating accounts with payment services (including Bankgiro), merchant checkout and invoice solutions, factoring and invoice purchasing, debt collection/receivables management, and working capital facilities. Retail offerings include savings accounts with variable and fixed terms and secured or unsecured lending subject to credit assessment. Services are delivered primarily through online and mobile channels with BankID authentication, and the group serves customers in Sweden and several other European markets via local entities in the Nordics and Baltics. Funding is supported by customer deposits and market borrowing, with capital and liquidity managed under the EU Capital Requirements Regulation/Directive framework and disclosed in Pillar 3 materials. Eligible deposits are protected by the Swedish deposit guarantee administered by the National Debt Office, currently up to SEK 1,050,000 per depositor and institution, with additional coverage for certain temporary high balances up to SEK 5,000,000 for up to 12 months. Pricing varies by product; merchant and invoice services are typically priced per transaction or volume, and savings rates adjust with market conditions. Key considerations include credit and counterparty risk inherent in invoice financing and receivables management, fee schedules for payment services, and terms on early repayment or collateral where applicable.