I already looked into opening a Swedish Krona Bank last year with SEB, a private Swedish bank. At the time, the exchange rate was 1 euro=9.1 Krona. As I write, the exchange rate is 1 euro=8.61 Krona.
At the time of my enquiry I was very clear about why I wished to open an account (I said I was worried about exposure to the euro).
The response this time from SEB was again that there was no problem opening an account, and they sent me the forms and some information.
I noticed that many people coming to the site were interested in opening a Swedish bank account, so I’ve revisited this, and made similar enquiries recently to SEB, including questioning if there was internet banking in english.
This was the response.
“Thank you for your e-mail.
There are quite a few fees mention on the non-resident pricelist, which I clarified with SEB.
For a basic SEK account the costs associated with the account are 950 SEK (about €110) to set up and maintain the account for the year.
The other rates are associated with foreign currency accounts held with the bank (in Euro, GB pounds, dollars etc), or accounts with advisory services (e.g. there is a 5000SEK charge if you have such an account, but this is generally for deposits larger than 1,000,000 SEK).
A certificate of employment (a letter from you employer).
Photocopy of your passport verified by a notary
A letter of recommendation from your bank.
to visit the non-resident office in Stockholm in person.
Getting to Stockholm
Ryanair fly to Skavsta airport(about 100km south west of Stockholm) several times weekly.
Aer Lingus flies to Arlanda airport four times weekly, which is about 40km south of Stockholm. As a sample costing of the trip, I found the following pricing (as of Oct 29 2012).
Depart Dublin, Friday 02 Nov 2012 07.30, arr. Stockholm 11.05
Depart Stockholm Sunday 04 N0v 2012, 19:45, arr. Dublin 21.25
Total cost – €137.98
It is possible to open a swedish kroner account in Stockholm with SEB. Costs are a little over a hundred euro a year. You need to open an account with a minimum of about €11,500 euro.