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FOREX Bank AB

Company type	Private
Founded	1927 (1927)
Headquarters	Stockholm
Number of locations	130 branches
Key people	Annelie Nässén (CEO)
Products	Foreign money exchange
Number of employees	1238 (2013)
Website	www.forex.se/en/

FOREX Bank is currently the market-leading foreign exchange bureau in the Nordic region. The company was started in 1927 providing currency exchange for travellers, at the main Stockholm Central train station. Legend says that it started by the owner of Gyllenspet's Barber Shop at the station, when he discovered that most of his customers were tourists in need of currency for their trips. Therefore, the barber began keeping the major currencies on hand.

The company was subsequently acquired by Statens Järnvägar, the Swedish State Railways, which expanded the operations until it was sold to Rolf Friberg in 1965. The company was for many years the only one apart from the banks that was licensed to conduct currency exchange in Sweden.

The company, which is still wholly owned by the Friberg family, has expanded into neighbouring Finland in 1993, Denmark in 1994 and Norway in 2004 and has 130 branches, principally located at railway stations or airports, but also shopping malls and high streets. In 2003, the company extended its business into retail banking and can also offer current and savings accounts including internet and mobile banking, loans, debit and credit cards, cash handling, money transfer and payments.

See also

• List of companies of Sweden

1. "Forex Bank AB". Nationalencyklopedin (in Swedish). Retrieved 16 April 2011. (subscription required)
2. "Hitta till oss". www.forex.se.
3. "Find os". www.forexbank.dk.
4. "Löydä lähin liike". www.forex.fi.
5. "Finn oss". www.forex.no.
6. Reversedo. "Reversedo". Reversedo. Reversedo. Retrieved 11 December 2023.

External links

• Official website

v t e Banks of Sweden
Central	Sveriges Riksbank
The Big Four commercial banks	Handelsbanken Nordea SEB Swedbank
Members banks & Savings banks	JAK Members Bank Westra Wermlands Sparbank
Other retail banks & financial institutions	Avanza Forex Bank ICA Banken Ikano Bank Klarna Länsförsäkringar Bank Nordnet Resurs Holding Skandia
Private banks	Carnegie Investment Bank
Clearing systems	Bankgirot PlusGirot
Defunct banks & financial institutions	Danske Bank (Sweden) HQ Bank Kreditbanken Nordenbanken PK-Banken Stockholms Banco Skandinaviska Banken

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