EXAMPLE PAGE - SCHOOL BROCHURES - SSE - Flipbook - Sida 13
Money & banking
As in most countries, strict regulations and security considerations mean
that it requires a significant effort for foreign visitors to open a bank account
in Sweden. Banks are required to carry out stringent identity checks of
customers. All banks charge a fee for their services; although there are sometimes special offers for students.
As in most countries, strict regulations and security
considerations mean that it requires a significant effort
for foreign visitors to open a bank account in Sweden.
Banks are required to carry out stringent identity checks
of customers. All banks charge a fee for their services;
although there are sometimes special offers for students.
Having access to a Swedish bank account during your
stay in Sweden is convenient for financial transactions
such as paying bills and receiving income.
Having a Swedish personal identity number and a
Swedish ID card greatly simplifies your opening an
account at a Swedish bank. Otherwise your national
passport is the only identification document accepted
by the banks.
Regardless of how long you will be studying in Sweden,
you should make sure that you have enough money to
cover your expenses for the first months of your stay.
We strongly recommend you to bring a VISA/MasterCard so that you have access to funds in your existing
bank account in your home country. Debit and credit
cards are very widely accepted as a method of payment
in Sweden. This will function as a back-up solution in
case you face difficulties in opening a bank account in
Sweden.
The best way to send money to Sweden is via an online
money transfer from a bank in your home country to
your bank account in Sweden. Discuss this with your
current bank before you come to Sweden.
Please note: never bring personal checks or large amounts of cash
to Sweden! Personal checks will not be accepted, and banks will
only accept cash deposits up to a maximum of SEK 5,000.
Banks are also reluctant to accept foreign currency.
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