If you are unable to log in, we invite you to check the following settings and make sure, that
If you use Smart-ID, make sure that you have an active account in Smart-ID app and your mobile phone has Internet available (connection). Make sure that PIN1 is entered in Smart-ID app within 2 minutes of appearance of the control code.
If you use new type of PIN-calculator, make sure that during authorization you enter APPLI 1 code. If also your spouse or colleagues use PIN-calculator, make sure that you use the right one.
If you are using ID card, make sure that your computer is prepared for working with ID card (ID card software has been installed and ID card reader is working), and correct PIN is entered.
If you do not remember the permanent password, please come to the branch to get new password. When visiting our branch, please bring your valid passport or ID card with you.
Try other more convenient tool for accessing your Internet and mobile bank - Smart-ID, ID card or Mobile-ID.
Companies dealing with foreign currencies are exposed to currency exchange rate risk which means they may get financial gain or loss from changes in exchange rates. Currency exchange risk also makes company’s cash flows unpredictable and therefore difficult to plan. Currency exchange risk can be managed by “on-balance sheet” hedging: for example a company may agree with its Swedish partner to make transactions in euro instead of Swedish krona, but this requires consent from both sides which usually is not easy to achieve. Alternatively, financial instruments can be used to hedge currency exchange rate risk.
Log houses producer company sells its houses to Swedish buyer. The buyer pays to the producer in 6 months’ time in SEK, therefore producer is exposed to a risk that after 6 months SEK has weakened. Weaker SEK means lower profit margin for the producer. To hedge against possible weaker SEK the producer concludes a Currency Exchange Forward to fix the exchange rate for selling SEK in 6 months’ time.
Swedbank offers variety of financial instruments for many currencies. In order to find the best solution please contact Swedbank Markets specialists.
If you have any questions or suggestions, send them to us through the bank messages page. We value your opinion!