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Payments moving to ISO 20022
15/12/2022 -Payments moving to ISO 20022 Digital payments rely on communication between the parties involved in the payment – systems must therefore communicate using the same ‘language’. All around the world, central banks, banks and financial...
RIX is the hub of the Swedish payment infrastructure
15/12/2022 -RIX is the hub of the Swedish payment infrastructure Apart from card payments, almost all electronic payments between banks are made through accounts that the banks have in RIX (see Most payments in Sweden go through the Riksbank’s system). The...
No decision on e-krona yet
15/12/2022 -No decision on e-krona yet No decision has yet been taken to issue an e-krona. This is an issue that will affect society as a whole and it is ultimately for the Riksdag to decide. In December 2020, the Government launched an inquiry to analyse...
The Riksbank’s work and policy
15/12/2022 -The Riksbank’s work and policy The Riksbank shall promote safe and efficient payments. The digitalisation of the payment market is proceeding apace and the Riksbank is modernising its systems to meet this development. The Riksbank is also working...
The Riksbank is making preparations for a possible e-krona
15/12/2022 -The Riksbank is making preparations for a possible e-krona The Riksbank is investigating the possibility of issuing a digital complement to cash, known as the e-krona. This would preserve public access to government-issued money even if cash...
RIX-INST may facilitate instant payments between different currencies
15/12/2022 -RIX-INST may facilitate instant payments between different currencies At present, TIPS only allows payments to be settled in the same currency, meaning that the payer and the recipient have accounts in the same currency. As a result of the...
Security features
24/02/2026 -Swedish banknotes are sometimes counterfeited, even if this is very unusual. Swedish banknotes have advanced security features, so that they are difficult to counterfeit and it is easy to check whether they are genuine.
Design of the banknotes
24/02/2026 -The General Council of the Riksbank decides what our banknotes and coins should look like. The signatures on the banknotes are those of the Chairman of the Riksbank's General Council and the Governor of the Riksbank.
Redeeming invalid banknotes
08/10/2026 -The Riksbank is able to redeem all invalid Swedish banknotes, regardless of how old they are, up to and including 30 June 2027. For this service, the Riksbank charges a fee of SEK 300, which is deducted from the total amount.
2-krona coin
13/10/2022 -Valid for payments. 2-krona coin Facts 2-krona coin Colour: Copper. Metal content: Copper-plated steel, which is to sat a core of steel with a thin outer layer of copper. Weight: 4.80 grammes. Diameter: 22.50 millimetres. Thickness: 1.79...