General Information

Here you'll find useful information regarding our Payment Initiation API for Sweden, such as country specific rules, the Implementation Guidelines for all the payment types, additional info about Cross-border payments and general rules for our payment products.

As we operate worldwide, the services we offer are tailored for each market, so it's important to bear in mind that there can be differences between all of the countries and their payment products.

SCA Methods

The strong customer authentication (SCA) methods and security solutions applicable for Swedish customers are:

- Redirect: Card reader, log-on card, with / without cable and Mobile BankID*
- Decoupled: Mobile BankID

Payment products

For Individual and Corporate banking customers, we provide Transfers between own accounts, Credit transfers to accounts or Giro (Alias) and Cross-Border payments, Cancellations, Signing Basket and short term consent (only for individuals). Please refer to the API specification for all payment types supported and the requirements for implementing them.

KYC (Know Your Customer)

In order to initiate payments, the customer must have a valid KYC (Know Your Customer) at Handelsbanken. If there isn't a valid KYC, you (as the TPP) will receive a 403 error code when trying to initiate payments. Please refer the customer to the Bank / their online banking where they will find instructions.

PSU-Corporate-ID

For Corporate banking customers, when sending in a request using our POST endpoint, you need to add a "PSU-Corporate-ID" into the header. For Swedish Corporates, this is their Organisation number or SHB number, and for Sole Traders (Enskild firma), it is their Social Security Number, all of which are 10 digits.

Corporate mandate

For the end user / agent (PSU) to be able to access the Corporate customer's account information or make payments, they need to have the appropriate permissions as per the Corporate mandate, as well as the "Additional service API Corporate". An end user's permissions can be updated by the Corporate customer's administrator in the Handelsbanken online services by going to “Administration” and then “Mandates”, or by contacting their local branch.

If a countersignature for a payment is necessary as per the mandate between the Corporate customer and Handelsbanken, please advise the customer to address this within their Online Banking.

Mobile BankID

If the SCA method ”Mobile BankID” is selected, and the Mobile BankID wasn't issued by Handelsbanken (i.e. another bank issued it), it needs to be activated before it can be used. This is achieved by the end user (PSU) logging into the Handelsbanken online services (for the first time).

For Corporate customers, an end user must also have the appropriate permission "Additional service Log in with Mobile BankID" if they wish to log in using Mobile BankID. This can be updated by the Corporate customer's administrator in the Handelsbanken online services by going to “Administration” and then “Mandates”, or by contacting their local branch.

 

Implementation Guidelines

Please refer to the API specification for all payment types supported that you can offer to our Individual and Corporate customers. We also detail what fields, formats and values are required for each payment type.

It's really important that you follow the API specification to ensure that payments do not get rejected due to incorrect information.

 

Cross-border payments (additional details)

Here you'll find additional information required when initiating a cross-border payment, including cut-off times. This information goes hand in hand with the above implementation guidelines in the API specification.

Swedish Payments cross-border details

 

General payment rules

The table below contains general rules, cut-off times and processing rules, applicable to the payments that you can offer to our mutual customers. Cross-border payment cut-off times can be found in the section above.

Please note that other rules can apply when the payment is initiated on the day before a Bank holiday, or when a particular SCA approach is used.

Payment	Type	General rules	Cut-off time	Processing rules
Credit transfer to account	Payment to an account in SHB or other bank on the Swedish market.	SEK	Business days From 4th of May CET 03:45, 07:45, 08:45, 09:45, 10:45, 11:45, 12:45 and from the 15th of May the cut-off times are extended to include 13:45, 14:45	Processed through SE clearing same day.
Giro payment, corporate	Bank- and PlusGiro	SEK Corporates require Bankgiro and/or Plusgiro number connected to the account.	Business days CET 23:55	Executed next business day*
Giro payment, private	Bank- and PlusGiro	SEK	Business days CET 23:55	Executed next business day*
Transfer	Own accounts within SHB	SEK		Processed immediately
	With conversion within SHB	One of the accounts must be in SEK.	Accessible banking days CET 08:00-18:00**	Processed immediately
	Between non-SEK accounts within SHB	Must be in same currency	Accessible banking days CET 08:00-18:00**	Processed immediately
	To other banks - Deprecated from the 18th of June	Only SEK	CET 14:00	Processed through SE Clearing the same day

*If a specified due date falls on a non-bank day, it will automatically be moved to the next business day.

**Permitted days are business days in chosen currency.