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New standard for payments in Sweden

During 2026, the Swedish payments infrastructure will be modernised through a transition to the global ISO 20022 XML standard – enabling more efficient, secure and harmonised payments.

Man and woman in a warehouse using a laptop

What will happen during 2026?

The transition to the new payments system in Sweden will take place in two phases during 2026 as the market adapts. 

  • During spring, the transition will cover account transfers, salaries and pensions
  • During autumn, the transition will include Bangiro and Plusgiro payments
  • Direct Debit (Autogiro) will not be affected at this time

Important dates

  • 1 July – all file transfers will be handled via the bank; support for file communication via Bankgirot will be discontinued
  • 1 August - the service, Salary via Bankgirot (KI) will be discontinued (salary payments with a payment date on or after 1 August will not be processed)
  • 1 September – payments will be processed in ISO format; support for Bankgiro formats will be discontinued (Autogiro is not affected) 
  • 26 September – payment orders and cash vouchers via Bankgirot will be discontinued
  • 10 October – image file service will be discontinued
Make sure to keep track of all important dates!

Important to know

  • Bankgiro numbers and Plusgiro numbers will remain in use 
  • OCR references will continue to be used for invoices
  • It will be mandatory to specify the payee´s name for account transfers, salary payments, and Bankgiro and Plusgiro payments
More important changes can be found further down the page!

Summary

  • We are modernising the payment infrastructure in Sweden.
  • Switching to XML file format according to the global ISO20022 standard for sending, receiving and reporting payments.  
  • Moving all file communication from Bankgirot to the respective bank.
  • Launching new products and services according to new standards. 
  • Phasing out, and gradually discontinuing, Bankgirot's current formats, KI Lön, Leverantörsbetalningar (LB), Bankgiro Inbetalningar (BgMax) and Bankgiro Link.
  • Moving our customers to new services and offers.
  • Converting popular add-on services to the ISO standard. (Examples of additional services are Swedbank’s account register and vouchers).

More information

For more information about the new standard and coming changes in English, please contact your local branch office or your personal advisor.

If you want to read more about Bankgirot, please use the link below.

More information about Bankgirot (bankgirot.se)

You can also find more information about the new standard in Sweden on our Swedish site Ny standard för betalningar i Sverige (in Swedish) (swedbank.se).