Payment rail · Sweden
Payment rail · SwedenWhat is Bankgiro?
The Bankgiro system is Sweden’s open giro payment system for krona payments, operated by the clearing house Bankgirot, routing each payment via a bankgiro number to the holder’s underlying bank account. Poplin pays out to Sweden over Bankgiro, settling within one business day at the latest.
Source: Bankgirot (opens in a new tab)
Updated · Reviewed by Joyce Chin, Chief Operating Officer & Compliance Officer
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A payout to Sweden clears fastest over
Bankgiro
settles within one business day · 0.75% + $1.00 on a business account
Also reaches EUR accounts over
Also reaches USD accounts over
Set from your location — change it above.The recipient’s account details decide the rail — the fee is always shown before you send.
// at a glance
What the rail sets for a payout over Bankgiro — and what Poplin charges to send.
Settlement
Next day
a ceiling, not the typical time
Reaches
1
country — Sweden
Paid out in
SEK
Swedish krona
Business fee
0.75%
plus a $1.00 fixed fee
Clearing
Local
domestic clearing
Days are business days — a Saturday delays a same-day or next-day payout. These are ceilings, not typical times: within the window, how fast the money lands depends on the receiving bank.
// how it moves
How Bankgiro payouts move.
From your US-dollar balance to an account in Sweden — four steps.
You send from USD
Enter an amount in your Poplin US-dollar account and confirm the payout — the full fee shows before you send.
Converted at mid-market
Dollars become Swedish kronor at the mid-market rate — no markup added.
Cleared over Bankgiro
Poplin clears the payout over Bankgiro, Sweden’s giro payment system.
Arrives inside the window
Bankgiro settles within one business day — a ceiling, not the typical time; how fast it lands depends on the receiving bank.
// coverage
Where Bankgiro reaches.
Sending somewhere else?
Each destination clears over its own set of rails. See the rail, speed, and fee for any destination — or the fee for every rail on one page.
Bankgiro — FAQ
Basics
What is Bankgiro?
The Bankgiro system is Sweden’s open giro payment system for krona payments, operated by the clearing house Bankgirot, routing each payment via a bankgiro number to the holder’s underlying bank account. Poplin pays out to Sweden over Bankgiro, settling within one business day at the latest.
Speed
How long do Bankgiro payouts take?
Over Bankgiro, Poplin payouts settle within one business day. Payments leave your account in seconds; Bankgiro then clears the payout to the recipient’s bank.
Cost
How much does it cost to send money over Bankgiro with Poplin?
A percentage of the amount plus a $1.00 fixed fee — 0.75% on a business account and 1% on a personal account, shown in full before you send. Conversion, where the payout currency isn’t US dollars, is at the mid-market rate with no markup.
Coverage
Which countries does Poplin reach over Bankgiro?
Bankgiro is how Poplin pays out to Sweden, in SEK. Poplin also reaches Sweden over SEPA (EUR) and SWIFT (USD) — which one a payout uses depends on the bank details your recipient has.
Send US dollars to Sweden over Bankgiro.
Open a US-dollar account in minutes. No monthly fees.