---
title: "Bank Payout Sweden"
source_url: https://docs.rapyd.net/en/bank-payout-sweden.html
lang: en
---

# Bank Payout Sweden

Disburse funds directly to a bank account. | `Enterprise`

**se_ach_bank** is a new local bank payout method type used for payouts in Sweden. A sender can disburse funds into a beneficiary’s bank account in Sweden. This payout method supports several banks in the region and allows the beneficiary to be paid in the country's local currency.

The benefits for the user include the ability to create payouts through local bank transfers and disburse funds into Swedish bank accounts.

### Finding Required Fields for the Payout Method Type

You need to find the required fields for each payout method type.

For that, you'll use [Get Payout Required Fields](https://docs.rapyd.net/en/get-payout-required-fields.md "Get Payout Required Fields"). Enter **se_ach_bank** as the value for the  `payout_method_type` path parameter.

### Requesting a Payout

Use [Create Payout](https://docs.rapyd.net/en/create-payout.md "Create Payout") with the following parameters:

Create Payout Request Parameters

|  |  |
| --- | --- |
| **Body Parameter** | **Description** |
| ewallet | Enter the wallet 'id' that you received when you created the company wallet in your sandbox. |
| payout_amount | Enter 100 as the amount received by the beneficiary. |
| payout_method_type | Enter **se_ach_bank** as the payout method type. |
| sender_currency | Enter **USD** as the code for United States Dollar, the sender's currency. |
| sender_country | Enter **US** as the code for the United States, the sender's country. |
| beneficiary_country | Enter **SE** as the code for Sweden, the beneficiary's country. |
| payout_currency | Enter **SEK** as the code for Swedish Krona, the currency received by the beneficiary. |
| sender_entity_type | Enter ‘individual’ as the type of entity for the sender. |
| beneficiary_entity_type | Enter ‘individual’ as the type of entity for the beneficiary. |
| beneficiary | Enter a `beneficiary object` that has the following fields:  - **company_name** - company - **first_name** - individual - **last_name** - individual - **iban** - individual or company - **bic_swift** - individual or company - **address** - individual or company - **city** - individual or company - **state** - individual or company - **country** - individual or company - **postcode** - individual or company |
| sender | Enter a `sender` object that has the following fields:  - **company_name** - company - **country_of_incorporation** - company - **date_of_incorporation** - company - **identification_value** - company - **first_name** - individual - **last_name** - individual - **nationality** - individual - **date_of_birth** - individual - **identification_value** - individual - **identification_type** - individual - **address** - individual or company - **city** - individual or company - **state** - individual or company - **country** - individual or company - **postcode** - individual or company |
| description | Enter ‘salary payout - wallet to bank account’ as the description of the payout transaction. |
| payout_options | Enter a `payout_options` object with the following fields:  - **statement_descriptor** |

### Create Payout Response

[Create Payout](https://docs.rapyd.net/en/create-payout.md "Create Payout") describes the fields in the response.

### Local Bank Payout Sweden Details

|  |  |
| --- | --- |
| **Details** | **Description** |
| Payout Method Category | bank |
| Payout Request String | POMT = se_ach_bank |
| Country | Sweden |
| Sender Currency | USD, ISK, GBP, EUR, SGD, HKD, AUD |
| Transaction Limits | N/A |
| Settlement Timeframe | 3 days |