Does Swedbank accept crypto businesses? (October 2026)
Depends on the activity: as of October 16, 2026, Swedbank does not take these crypto activities, per its published policy: Crypto exchange / OTC; Crypto payments, custody, on/off-ramp.
Licensee: Swedbank AS (Finantsinspektsioon (Estonia) / European Central Bank)
What the policy says
| Activity | Status | Scope | Checked |
|---|---|---|---|
| Swedbank · Crypto exchange / OTC | Will not accept | Business account | |
| Swedbank · Crypto payments, custody, on/off-ramp | Will not accept | Business account |
The Bank shall only refuse to conclude an Agreement (incl. Current Account Agreement) with good reason, which first and foremost constitutes an Agreement where a person or a Related Person: … 3.4.11. is, in the opinion of the Bank, engaged in an activity that is considered to be at high risk for money laundering and terrorist financing (including, but not limited to, providers of virtual currency services or other alternative means of payment, online casinos);
The Bank shall only refuse to conclude an Agreement (incl. Current Account Agreement) with good reason, which first and foremost constitutes an Agreement where a person or a Related Person: … 3.4.11. is, in the opinion of the Bank, engaged in an activity that is considered to be at high risk for money laundering and terrorist financing (including, but not limited to, providers of virtual currency services or other alternative means of payment, online casinos);
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