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{{short description|Swedish travel currency exchange}}
{{More citations needed |date=April 2022}}
{{Infobox company
| name = FOREX
| logo = Forex Sweden logo.svg
| image = Forex Aalborg ubt.jpeg
| image_alt = 
| image_caption = Forex branch in [[Aalborg]], Denmark (2009)
| type = [[Privately held company|Private]]
| foundation = {{Start date|1927}}<ref name=ne />
| location_city = [[Stockholm]]
| location_country = [[Sweden]]
|| key_people = Annelie Nässén<br/>{{small|(CEO)}}
| products = [[Foreign currency exchange]]
| num_employees = 1238
| num_employees_year = 2013
| homepage = {{URL|http://www.forex.se/en/}}
}}
{{About|a specific company |general forex companies |foreign exchange company}}
'''FOREX''' is a [[Bureau de change |foreign exchange bureau]] in the [[Nordic countries|Nordic region]].<ref>{{Cite web |title=FOREX |url=https://www.swedavia.com/arlanda/service/forex2 |access-date=2025-01-02 |website=www.swedavia.com |language=en}}</ref> 

{{As of |2025}}, the company had 84 branches, principally located at railway stations or airports, but also shopping malls and high streets.<ref>{{cite web |title=Find os |url=https://www.forexvaluta.dk/find-butik/ |website=www.forexbank.dk |access-date=January 20, 2025 |publisher=Forex Bank |language=da }}</ref> The company also offers online current and savings account, loans, cash handling, money transfer, travel booking and payments.<ref>{{cite news |url=https://news.cision.com/se/forex/r/bo-lagergren-utsedd-till-vd-i-forex-bank,c2409813 |title=Bo Lagergren utsedd till vd i FOREX Bank |trans-title=Bo Lagergren appointed CEO of FOREX Bank |date=December 7, 2017 |language=sv }}</ref>

==History ==
The company was started in 1927, it provided currency exchange for travellers at the main [[Stockholm Central Station|Stockholm Central]] train station. It is said 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.<ref name=ne>{{cite encyclopedia |title=Forex Bank AB |encyclopedia=[[Nationalencyklopedin]] |language=sv |url=http://www.ne.se/forex-bank-ab |accessdate=16 April 2011}} {{subscription required}}</ref>

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 non-bank business that was licensed to conduct [[Bureau de change|currency exchange]] in Sweden.

The company, which is still wholly owned by the Friberg family, expanded into neighbouring [[Finland]] in 1993, [[Denmark]] in 1994 and [[Norway]] in 2004.

In 2003, the company extended its business into [[retail banking]] and also offered current and savings accounts including internet and mobile banking, loans, debit and credit cards, cash handling, money transfer and payments.

==See also==
* [[Bureau de change]]
* [[Foreign exchange company]]
* [[List of companies of Sweden]]

== References ==
{{reflist}}

{{Portal|Banks}}
{{Banks of Sweden}}

[[Category:Companies based in Stockholm]]
[[Category:Banks of Sweden]]
[[Category:Banks established in 1927]]
[[Category:Foreign exchange companies]]
[[Category:1927 establishments in Sweden]]

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