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Cross-border payments need to be faster and cheaper

03/11/2021 -

Speed and ease of use are important for payments to be efficient. Apart from instant payments like Swish, payments between Sweden and the euro area generally function as smoothly as payments within Sweden. Payments to other countries, however,...

Payments & cash / Payments Report

The Riksbank intends to use the Eurosystem’s payment platform

03/11/2021 -

RIX-INST will be launched in May 2022, and the Riksbank has signed an agreement on using the Eurosystem’s platform for instant payments, known as TIPS (Target Instant Payment Settlement), for the system. Using TIPS as a platform supports the...

Payments & cash / Payments Report

Further political decisions are required to safeguard the entire cash infrastructure and cash as a means of payment

03/11/2021 -

The new legislation increases the requirements of the banks to supply cash services and the proposed depot responsibility contributes to safeguarding parts of the cash infrastructure. However, these measures are not enough to ensure the entire...

Payments & cash / Payments Report

New types of fraud increasingly common

03/11/2021 -

As Swish and Bank-ID are used increasingly often they are also being used as tools to conduct fraud. They are used in combination with internet banks to access the victim’s money. Telephone fraud, also known as vishing or voice phishing, has...

Payments & cash / Payments Report

Digital means of payment are more cost-efficient

03/11/2021 -

Payments are efficient if it costs relatively little for society as a whole to implement them. Society’s costs include the payment intermediary's costs, such as costs for technical equipment, insurance, transportation, and also other costs such...

Payments & cash / Payments Report

One system with two services – RIX-RTGS and RIX-INST

03/11/2021 -

The current RIX consists of a software and an IT platform where the software is run. The system is from 2009 and works well. The agreement the Riksbank has with the software provider expires in 2025, and the Riksbank is therefore investigating...

Payments & cash / Payments Report

Test of technical solution for an e-krona

03/11/2021 -

The Riksbank has a pilot project to examine technical alternatives for a possible issue of the Swedish krona in digital form – an e-krona. A technical solution is now being tested with external participants. However, no decision has yet been made...

Payments & cash / Payments Report

Search interest rates and exchange rates

06/03/2025 -

Via the Riksbank's Search interest rates and exchange rates service, you can search for exchange-rate, interest-rate and index values. Search interest rates and exchange rates DISCLAIMERS and RESERVATION Via the Riksbank's "Search interest rates...

Statistics / Interest rates and exchange rates

FAQ on new publication time and new source for exchange rates

27/11/2023 -

27/11/2023: Changes have been made with regard to the Riksbank’s service “Search interest rates and exchange rates”. For exchange rates, the ECB (European Central Bank) has become a new source and, as a result, new exchange rate quotations is...

Statistics / Interest rates and exchange rates

Geopolitical uncertainty is leading to regionalisation

12/03/2026 -

Geopolitical uncertainty is leading to regionalisation Geopolitical uncertainty has prompted countries and regions to consider how they can reduce their dependence on the rest of the world. This has contributed to an increase in local payment...

Payments & cash / Payments Report