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Handelsbanken in the United States

We provide financial solutions for corporate banking clients and institutions.
Brooklyn Bridge

Global presence – local knowledge

Long-term relationships in the US

For over 30 years, Handelsbanken has supported corporate and institutional customers doing business in the US. We are proud of the long-term relationships we have built and look forward to further partnerships in the years ahead.

With a range of financial solutions such as corporate banking including cash management, international trade and capital markets, we will help you create a strategy that addresses your goals. 


Products and services in the United States

Corporate accounts

Our corporate account is designed to support your day-to-day banking needs. You can manage your bank accounts wherever you are, at any time of the day, using our online banking service GlobalOn-Line. It's easy and safe and offers access to your accounts 24 hours a day. You will also get a direct number so that you can speak straight to your account manager about your banking needs.

Cash management

We have the solutions to help your business, whether you're making or receiving payments, or if you simply want full control over your working capital. Our secure online banking service, GlobalOn-Line, is just one example. And with a CashPool you can link together individual accounts or account structures to utilise intragroup liquidity. Whether you're making regular cross-border payments or a one-off transfer, there are many elements that need to be considered, such as fluctuating exchange rates. We can help you.

Automated Clearing House (ACH) is an electronic network for financial transactions in the United States. ACH processes large volumes of credit and debit transactions in batches. ACH credit transfers include direct deposit, payroll and vendor payments. A wire transfer is an electronic transfer of funds across a network administered by hundreds of banks around the world. Wire transfers allow for the individualised sending of funds from entities to other individuals or entities.

Check services 

In the United States, the most common payment method is still the check. Efficient handling of checks is essential to maximise cash flows and gain control over corporate payments. In order to help speed up the process of clearing checks we provide Automated Wholesale Lockbox and Remote Check Deposit. We also provide Controlled Disbursement services through a relationship with Bank of New York Mellon.

Financing

We concentrate on developing the most appropriate financing solutions to give you the financial freedom to expand your business. If you need help to cover temporary shortage of cash, an overdraft facility may be the answer. It is easy to arrange and you only pay interest on what you use. If you’re looking to invest in your business, we may be able to help. We offer a wide range of loan products to help you meet both your short term and long term financial obligations. 

the globe

Trade finance

For international and domestic transactions, we can provide you with a standby letter of credit (SBLC). It is a guarantee with the format of a letter of credit (L/C) and is governed by the agreement you and your business partner enter into. There are different types of standby letter of credit to choose from depending on the needs of your company, for example insurance-related, performance bond, bid bond, guarantee of industrial revenue bond, reinsurance related, substitute for collateral and rental guarantee.

Treasury services

Our experienced team of professionals will work closely with you to ensure that you get the best possible solution to meet your specific needs. We offer a full range of services including: money market, deposits and loans, CDs, reverse repos, foreign exchange spot, forwards, options and emerging markets, swaps and other derivatives as well as Nordic fixed income instruments. Our broad range of treasury services are backed by our highly rated market research. Research encompasses traditional credit research as well as macroeconomic research and quantitative analysis.


GlobalOn-Line

en man tittar fram mellan datorer i ett kontorslandskap

Present in more than one country? With GlobalOn-Line you will have direct access to summarised account information for all your international accounts. You will be able to execute payments and transfers, no matter where you are. The service is available 24 hours a day, seven days a week. 

Features include:

  • summarised account information 
  • intra-group transfers
  • local and cross-border payments
  • services in co-operation with other banks.

Contact us

Address

Handelsbanken New York Branch 
875 Third Avenue, 4th Floor
New York, NY 10022-7218
USA

SWIFT/BIC code: HANDUS33

Telephone

Tel: +1 (212) 326-5100

Tel: +1 (212) 326 5150
Linda Guiliano, Head of HR

Tel: +1 (212) 326 5178
Tamara Hunter, Compliance

GlobalOn-Line support 24/7  
Tel: +46 (0)771 519 700 

Customer complaints

We take complaints very seriously as they offer us the opportunity to improve our services. Please contact us if you have any concerns regarding our products or any other aspects of our service.

The Bank Resolution and Recovery Directive (BRRD)

The Bank Resolution and Recovery Directive (BRRD) applies to all banks domiciled in the EU.  

The BRRD sets out rules on how to manage banks in a crisis through a special type of process, 'resolution' where the bank is put under public control and subjected to crisis management measures decided by the authorities.

FATCA requires all US taxpayers to report their foreign assets

Since 1 July 2014, all the world's financial institutions must ask their clients about their US tax residency, for instance: those who are US citizens, US tax residents, persons with a residence permit, etc. The same must be asked of the beneficial owners of legal entities.