Cash Management

Cash Management frees up capital and time by optimising flows. We provide our clients with advice and support by mapping flows and identifying areas for improvement that facilitate streamlined processes, efficient liquidity management, and smart payment routines.

We help companies and institutions refine their financial control through rational account structures and cash pools - locally as well as globally. With a broad product portfolio, we make it easier for large corporations to rationalise their use of capital by establishing their own internal banks and payment factories.

We provide advice and solutions on:

Optimise your balance sheet for effective Cash Management.

Account Services

As a member of the local giro and clearing systems in all the Nordic and Baltic countries, Swedbank can provide a full range of domestic accounts with limits and overdraft facilities. All our products can be connected to accounts - including domestic and international payments, online banking solutions, and cards and card acquiring. Foreign currency flows can be managed through currency accounts and exchanged through our online foreign exchange solutions, allowing you to efficiently minimise exposure.

As a member of ESBG (European Savings-Bank Group) and via European partner banks, Swedbank can provide account management and payment services in most European countries, allowing you to take advantage of domestic banking services also outside our home markets.

Account Statements

Accurate information at the right time is key for efficient cash management. Our online banking solutions provide comprehensive information on balances and transactions, as well as a wide range of on-demand reports. We also provide account statements via file for integration with your ERP system.

Account Management via SWIFT

For companies located abroad and clients with foreign bank accounts, Swedbank offers account management via SWIFT - the global provider of secure financial messaging services - in our online banking solution.

Services offered include:

Daily account statements for the previous day’s balances and transactions (SWIFT MT940)
Consolidated report at specific times or frequencies (SWIFT MT942)
Repatriation of funds (SWIFT MT101)

Technologies for improved efficiency

Efficient account solutions directly improve your company’s liquidity. In the Nordic and Baltic region, Swedbank offers domestic cash pools that can be complemented with customised cross-border solutions. Our services allow you to centralise liquidity and take advantage of pooled balances and optimised interest, while also providing you with a daily overview of your company’s balances and transactions.

In Sweden, we offer single legal account pooling that can be combined with cash concentration. In the Baltic countries, we offer Group Accounts with both notional pooling and zero balancing functionality. Cross-border solutions can be created with domestic cash pools connected to regional structures with cash concentration and/or notional pooling.

Safe and future-proofed payment solutions.

Domestic payments

Swedbank provides fast, high-quality solutions for daily settlements. As a market leader for domestic payments in Sweden and the Baltic region, we offer highly favourable terms.

International payments

We offer multiple options for the rapid execution of cross-border payments in accordance with international practice. We can execute same-day intra-group payments in all group currencies, as well as payments within the eurozone in accordance with Single Euro Payments Area (SEPA) requirements.

Payroll and payments to individuals

Swedbank provides local payroll services and is a leading processor of payroll payments in Sweden and the Baltic region.

Cards offering added value – on demand.

Cards

Swedbank issues international debit, charge and credit cards from VISA and MasterCard. The cards can be directly linked to a bank account or to a separate card account. A variety of payment terms are available. Credit cards and related services for customers in Sweden are managed by EnterCard, which is jointly owned by Swedbank.

Card-acquiring services

As a market leader for card-acquiring services in the Swedish market and with large market shares in the Baltic countries, Swedbank offers excellent card-acquiring solutions for all customer segments. Specialised solutions can be developed to meet individual needs. In addition to card-acquiring services for MasterCard and VISA in each local market, we also offer various forms of cross-border acquiring and multi-currency acquiring.

Doing business when and where it suits you.

Electronic Channels: Doing business your way

Swedbank provides domestic and regional online banking solutions in all our home markets' national languages – as well as in English and Russian in the Baltic region. The online banking solutions include a wide range of services – aiming to facilitate and improve our clients' banking businesses.

We are constantly developing and improving our online solutions, focusing on customer needs and the opportunities offered by new technologies. Our solutions support a number of file formats for easy transfer of payments and information, and we offer direct integration with IT platforms.

Online security

Online security is a fluctuating and constantly evolving field, and Swedbank is carefully following its development – ensuring that we maintain up-to-date and effective security systems. We constantly enhance our security systems in pursuit of the strongest possible safeguards for internet services and electronic channels. Potential risks are minimised through functions such as double acceptance, digital signature, and authentication methods using ID cards or PIN calculators.

E-invoicing reduces the need for manual handling of paper or scanned invoices.

Electronic Invoicing - Business-to-Consumer (B2C), Business-to-Business (B2B)

E-invoicing reduces the need for manual handling of paper or scanned invoices and provides a streamlined service for customers to get inbound invoices delivered directly into their ERP systems. Swedbank’s e-invoicing services integrate fully with the customer’s ERP system, facilitating automatic booking and payment of supplier invoices as soon as they have been approved. Suppliers can minimise printing costs and optimise invoicing routines by sending all outbound invoicing data in one file for e-invoices.

Swedbank provides several ways to process outbound and inbound electronic invoices, for example electronic online banking solutions for consumers and smaller enterprises (B2C); and file transfer from ERP to ERP for larger enterprises (B2B).

Mobile Payments

With mobile payments, consumers can pay for purchases using their mobile phones. Swedbank is investing in the mobile payments arena, proactively meeting the significant transformation of the commercial payments landscape.

Contact us

cashmanagement@swedbank.se