Payment services glossary

Payment, debit card abroad
The account provider transfers money, on the instruction of the consumer, from the consumer´s account to another account when the consumer uses a debit card abroad. The amount of each transaction made using the card is taken directly and in full from the consumer´s account.

Payment, giro
The account provider transfers money, on the instruction of the consumer, from the consumer´s account to another account, using a giro service.

Payment, international transfer, non-SEPA payment
The account provider transfers money, on the instruction of the consumer, from the consumer´s account to another account in another country without using a SEPA payment.

Payment, international transfer, SEPA payment
The account provider transfers money, on the instruction of the consumer, from the consumer´s account to another account in another country via a SEPA payment.

Payment, giro with envelope service
The account provider transfers money, on the instruction of the consumer, from the consumer´s account to another account, using a giro payment with an envelope service.

Payment, Swish
The account provider transfers money, on the instruction of the consumer, from the consumer´s account to another account, using a Swish payment.

Payment, to another bank, SEK account
The account provider transfers money, on the instruction of the consumer, from the consumer´s account to another account in another bank.

Payment, to same bank, SEK account
The account provider transfers money, on the instruction of the consumer, from the consumer´s account to another account in the same bank.

Cash withdrawal
The consumer takes cash out of his/her account.

Cash withdrawal abroad
The consumer takes cash out of his/her account abroad.

Standing order, to account in another bank
The account provider makes regular transfers, on the instruction of the consumer, of a fixed amount of money from the consumer´s account to another account in another bank.

Standing order, to account in same bank
The account provider makes regular transfers, on the instruction of the consumer, of a fixed amount of money from the consumer´s account to another account in the same bank.

Providing a debit card
The account provider provides a payment card linked to the consumer´s account. The amount of each transaction made using the card is taken directly and in full from the consumer´s account.

Maintaining the account
The account provider operates the account for use by the consumer.

The list has been compiled by the Swedish Financial Supervisory Authority, in accordance with Directive 2014/92/EU of the European Parliament and of the Council (Payment Account Directive) and Commission Delegated Regulation (EU) 2018/32. The obligation for the Bank to provide the glossary derives from the Swedish Payment Services Act (2010:751).