The payments company Klarna has launched a competitor to Swish, the Swedish peer-to-peer payments service, which will allow users to instantly transfer money from Sweden to friends and family in 13 different European countries.
The Local asked its readers last year to share their tips about which bank offers the best account for foreigners living in Sweden. Here's what they had to say.
Accompanying partners of Swedish work permit holders can often find it difficult to find work in Sweden, spending time out of the labour market with knock-on effects for their future finances. How should couples like this save for the future?
A Swedish court on Tuesday sentenced the former chief executive of Swedish bank Swedbank to 15 months in prison for deceiving investors about the bank's links to a money laundering scandal.
When Nico Meffe arrived at Lund to start his doctorate, he didn't expect to wait three months to get paid. The Local spoke to him about Swedish universities' reluctance to transfer funds to foreign accounts.
Sweden's government hopes to change the law so that Ukrainian refugees can finally register as resident in Sweden and so obtain personal numbers and access to the BankID digital identification system.
Swedish banks should find new ways of combatting money laundering to increase financial inclusion, argues Malin Alpen, executive director of payments at Sweden's Financial Supervisory Authority.
The number of people in Sweden who have had their bank accounts forcibly closed is up by a third, according to the country's financial watchdog, which says banks should not deny or close accounts without good reason.
A Swedish government inquiry into the payment system has called for the state to launch its own digital ID and a new type of basic, low-risk bank account to help the estimated 1m people with no, or limited, access to digital payments.
If you're expecting to be in Sweden long-term, you're going to want to set up a bank account, but as in many countries, this can be problematic if you've only just arrived. Here are the key things you need to know.
Several readers have got in touch with The Local after their bank implemented new terms and conditions which make it harder for non-Swedish citizens to get a new mobile BankID.
Some of Britain's biggest banks have begun contacting customers in European Union countries, warning them that their accounts will be closed down within weeks because the cost and complexity of operating without a continuation of pan-European banking rules is too much.
Swedish bank SEB has become the latest Nordic bank to be implicated in a massive money laundering scandal, following reports that its Baltic branches handled 45 million euros from companies linked to Russian money laundering.
Swedish banking giant Handelsbanken is closing down its Baltic operations, but denied the decisionhad anything to do with recent money laundering scandals tied to two other Scandinavian banks.
Sweden's financial crime unit said on Wednesday it had received a complaint against Scandinavia's biggest bank, Nordea, for alleged money laundering following on from a massive scandal engulfing Danske Bank.
A planned move by the Nordic region's biggest bank from Sweden to Finland has sparked much soul-searching among Swedes about the wisdom of trying to protect its banks from future crises without eurozone help.
Banking giant Nordea, which recently stirred debate with its controversial HQ move from Sweden to Finland, has announced plans to cut around 13 percent of its total workforce.
A tug of war between Sweden, Denmark and Finland over where Nordic banking giant Nordea should base its head office in the future is beginning to heat up.
