Bankgirot is a proprietary clearing system (a
giro) in
Sweden
Sweden, formally the Kingdom of Sweden, is a Nordic countries, Nordic country located on the Scandinavian Peninsula in Northern Europe. It borders Norway to the west and north, and Finland to the east. At , Sweden is the largest Nordic count ...
used for transactions such as bill payments. It is owned by multiple Swedish banking conglomerates.
The clearing system is connected with the banks enabling payments to be received directly into bank accounts. Swedish Bankgiro numbers are in principle only short versions of bank account numbers. They have seven or eight digits. Bankgiro numbers can't be used when paying from other countries or in other currencies than SEK. Instead the
IBAN
IBAN or Iban or Ibán may refer to:
Banking
* International Bank Account Number
Ethnology
* Iban culture
* Iban language
The Iban language () is spoken by the Iban, one of the Dayak ethnic groups who live in Brunei, the Indonesian provinc ...
number of the actual bank account should be used for that.
History
Bankgirot was started in 1959. Postgirot (now called
PlusGirot
PlusGirot (formerly PostGirot) is a Sweden, Swedish money transaction system, owned by Nordea. PlusGirot is one of two proprietary clearing systems used for regular transactions such as bill payments in Sweden.
Postgirot was developed by Posten (S ...
), the main competitor, having its own account system, was not able to offer deposits into bank accounts and still does not generally do so except to
Nordea
Nordea Bank Abp, commonly referred to as Nordea, is a Nordic financial services group operating in northern Europe with headquarters in Helsinki, Finland. The name is a blend of the words "Nordic" and "idea". The Nordic countries are considered ...
bank accounts.
Nordea
Nordea Bank Abp, commonly referred to as Nordea, is a Nordic financial services group operating in northern Europe with headquarters in Helsinki, Finland. The name is a blend of the words "Nordic" and "idea". The Nordic countries are considered ...
was obliged to withdraw from involvement in Bankgirocentralen's operations related to Bankgirot for competitive reasons when it acquired
Postgirot Bank (now PlusGirot) in 2002.
In 2012 Bankgirot established second-fast electronic payments, used for a mobile phone payment system called
Swish.
Owners
Bankgirot is operated by Bankgirocentralen (BGC), which is in turn owned by the following banks:
See also
*
Bankgiro, the corresponding Norwegian system (the names of the two articles differ only in the use of the definite article in one case). Bankgirot is the name of the system in Sweden, while the account numbers are called Bankgiro numbers (Swedish: Bankgironummer).
References
External links
*
Banks of Sweden
Payment clearing systems
{{Sweden-company-stub