Svea Bank payment terms
Terms and Conditions for the Svea Checkout Service
In cooperation with Svea Bank AB, we offer fast, secure, and easy payment options via card, invoice, installment payments, direct bank payment, and Swish. This payment solution is called Svea Checkout.
When you provide your personal information and accept Svea’s general terms and conditions, a credit check will be performed. Based on the credit assessment, suitable payment options will be offered to you as outlined below.
Card payment
Card payments are processed in accordance with the applicable regulations for online payments in Sweden and the EU. We use Svea Bank’s/Webpay’s hosted PCI-DSS certified card payment solution.
We accept Visa and MasterCard. The funds are reserved on your account at the time of purchase.
All transactions are sent via SSL (Secure Sockets Layer) and are securely encrypted. No card numbers are stored. We use 3D Secure – the latest security technology for online card payments. It is a standard developed by Visa and Mastercard, designed to securely validate you as a consumer when shopping online.
Invoice
To pay by invoice, you must provide your personal identity number, be over 18 years of age, and be registered as a resident in Sweden. You must not have any payment defaults. All invoices from Edurus AB are assigned to Svea Bank AB.
provide your personal identity number, be over 18 years of age, and be registered as a resident in Sweden. You must not have any payment defaults. All invoices from Edurus AB are assigned to Svea Bank AB.
In the event of late payment, an agreed and statutory reminder fee will be charged. Interest on overdue payment will be charged at 2% per month. If payment is not received, the invoice will be handed over to a debt collection agency. All invoices are assigned to Svea Ekonomi AB (publ).
Installment payment
After you have provided your personal information and been approved for credit, Svea will offer you options based on their assessment.
You will have the opportunity to choose a payment plan of up to 24 months that best matches the alternatives provided by Svea Bank. There is always the option to pay off the full amount early, before the due date.
To be eligible for installment payment, you must be over 18 years of age and registered as a resident in Sweden. After a credit check is performed, a copy will be sent to your home.
Installment payment example:
Se tabellen för betalningsalternativ via Svea
Önskar du längre delbetalning kan du välja Konto (flexibel delbetalning). Detta är en kredit hos Svea där man betalar valfritt belopp per månad (minst 3 % av återstående skuld, dock lägst 100 kr). Till detta betalningsalternativ tillkommer 20% ränta + aktuell referensränta*.
*The current reference rate as of 2025-01-01 is 3%.
Allmänna villkor
Standardiserad europeisk konsumentkreditinformation (SEKKI)
Direct payment via online banking
For direct payment via online banking, the payment is processed through Trustly. Trustly supports Swedish banks and is free of charge for you as a customer.
When making a payment, you are automatically redirected to your online bank where you log in and approve the transaction. The funds are withdrawn directly from your account at the time you approve the transaction.
Swish
For payments with Swish, we cooperate with Svea Ekonomi AB. You pay quickly, easily, and securely by verifying your payment with Mobile BankID.
Svea Payment Options and Terms
| Payment method | Fee | Limit* |
| Card payment | No fee other than the invoice amount | None |
| Direct payment | No fee other than the invoice amount | None |
| Swish | No fee other than the invoice amount | None |
| Invoice | 14 days net, no fee, with the option to extend via My Pages | SEK 30.000 |
| Installment payment – 3 months | Interest-free, Start-up fee: SEK 195, Monthly invoice fee: SEK 45 | SEK 30.000 |
| Installment payment – 6 months | Interest-free, Start-up fee: SEK 295, Monthly invoice fee: SEK 45 | SEK 30.000 |
| Installment payment – 12 months | Interest-free, Start-up fee: SEK 395, Monthly invoice fee: SEK 45 | SEK 30.000 |
| Installment payment – 24 months | Interest-bearing, Start-up fee: SEK 495, Monthly invoice fee: SEK 45 | SEK 50.000 |
| Flexible installment payment | Credit with Svea with a freely chosen monthly amount (at least 3% of the remaining balance, but no less than SEK 100). Monthly invoice fee: SEK 55. This payment option includes interest (current rate as of 2025-01-01: 23%). | SEK 50.000 |
*The limit refers to the maximum amount approved by Svea for the selected payment terms.
If you have any questions regarding your payment through Svea, please contact their customer service at +46 (0)8-735 90 00.
Borrowing costs money!
“If you are unable to repay the debt on time, you risk getting a payment default. This can lead to difficulties in renting housing, signing contracts, and obtaining new loans.”