Money: Cash, Cards and Banks

In Sweden you can pay by credit/debit card everywhere but we also recommend you to bring some Swedish cash, for convenience and as backup, maybe 500-1000 SEK. Do not rely on one single means of payment. For larger payments such as the rent we recommend you to pay by credit card or online bank transfer. You will find several cash points/ATMs in the city centre as well as on campus. During your first weeks you will need between 12 500 and 19 000 SEK for the rent. You will also need money for food and activities and for expenses regarding your studies, for example books.

The banks in Lulea are in the city centre and most of them are only open Monday through Friday 09:00-16.00, some banks have different opening hours. Make sure that you have some cash when you arrive in Lulea (about 500 SEK). There are exchange offices at the airports in Stockholm (Arlanda) and in Luleå city centre where you can exchange money or cash your traveller’s checks.

Credit cards: Accepted cards in Sweden are MasterCard, Visa, Eurocard, Diners Club and American Express. Try to get a card that can be used in the automatic teller machines (ATM).

Traveller’s check: The banks charge from 15 SEK per check to cash them.

Hi,

I will arrive on 15th january and i will need to create a swedish bank account. Can you tell me which bank to choose and which documents are required?

Thank you!

See this post in the forum: Where to open a bank account (if you need one)