Bankgirot will discontinue two services in the coming weeks as part of Sweden's payment infrastructure modernisation. Money orders will no longer be available after June 30, 2026. Businesses that still rely on paper-based payment collection must migrate to credit transfers or Swish Payout. Bankgirot also ends direct file communication on July 1. All payment files must then be routed through participating banks rather than submitted directly to the clearing house.
Phase one of the transition moved account transfers, salary payments, and pensions to the new ISO 20022-based infrastructure in spring 2026. A mandatory payee name requirement now applies to all account transfers and Bankgiro payments. Finansinspektionen introduced this requirement as part of its anti-money laundering regulations. The regulator has set a December 2026 deadline for the Swedish banking industry to complete full ISO 20022 compliance.
Phase two targets November 30, 2026 for migrating Bankgiro and Plusgiro payment numbers to the new platform. Bankgiro numbers underpin millions of recurring business payments across Sweden. Autogiro direct debit services and e-invoice products remain unaffected by either phase. The transformation follows the 2023 withdrawal of P27 Nordic Payments' pan-Nordic clearing licence application, which refocused the programme on modernising Sweden's domestic clearing infrastructure through Bankgirot.