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Index

Bank

SEB

Live. At least one live or integrated claim that is not marked historical and is not a second-order hop.

Swedish bank. Named as a Ripple customer in 2017; later described as having processed more than $180 million for a corporate customer between Sweden and the US over RippleNet. Messaging/network — not established as XRP.

Headquarters
Stockholm, Sweden
Documented activity countries
SwedenUnited States
Website
www.seb.se
Last reviewed
2026-09-09

Named products / networks / assets: RippleNet

Claims and evidence

Each claim is stored at project level. Integrated means a capability was implemented; live requires evidence of actual operation.

Ripple customerLive

Ripple named SEB among April 2017 customers and in October 2017 said SEB had processed more than $180 million in payments for a large corporate customer between Sweden and the U.S. over RippleNet, with transactions taking seconds.

Geographic basis: Headquarters in SE. Activity countries are those named in the cited announcement, not the bank’s full branch network. · Activity: Sweden, United States

Uncertainty: Current SEB product use of RippleNet in 2026 is not confirmed here.

Company announcement

Ten More Financial Institutions Join Ripple’s Global Payments Network

Ripple · published 2017-04-26 · checked 2026-09-09

New customers named: MUFG, BBVA, SEB, Akbank, Axis Bank, YES BANK, SBI Remit, Cambridge Global Payments, Star One Credit Union and eZforex.com. BBVA is described as using Ripple for real-time payments between Europe and Mexico. Akbank is described as the first bank in Turkey to adopt blockchain. MUFG said it was joining the Japan Bank Consortium.

Joining the network is recorded as a RippleNet membership. 2026 status not confirmed from this 2017 release.

Open source
Company announcement

Ripple’s Blockchain Network Is Now More Than 100 Strong

Ripple · published 2017-10-10 · checked 2026-09-09

Newest RippleNet members include AirWallex, Bexs Banco, Credit Agricole, Cuallix, Currencies Direct, dLocal, IFX, Krungsri, RAKBANK and TransferGo. Existing commercial members named include SEB and Siam Commercial Bank. RAKBANK, IFX, TransferGo and Currencies Direct are described as using RippleNet for payments into India.

Network membership and intended corridors. Does not establish XRP. Current status unknown.

Open source
Ripple technologyLive

The $180 million figure is Ripple’s description of RippleNet payments, not a statement that XRP was the bridge asset.

Geographic basis: Named activity in SE, US. · Activity: Sweden, United States

Uncertainty: Current SEB product use of RippleNet in 2026 is not confirmed here.

Company announcement

Ten More Financial Institutions Join Ripple’s Global Payments Network

Ripple · published 2017-04-26 · checked 2026-09-09

New customers named: MUFG, BBVA, SEB, Akbank, Axis Bank, YES BANK, SBI Remit, Cambridge Global Payments, Star One Credit Union and eZforex.com. BBVA is described as using Ripple for real-time payments between Europe and Mexico. Akbank is described as the first bank in Turkey to adopt blockchain. MUFG said it was joining the Japan Bank Consortium.

Joining the network is recorded as a RippleNet membership. 2026 status not confirmed from this 2017 release.

Open source
Company announcement

Ripple’s Blockchain Network Is Now More Than 100 Strong

Ripple · published 2017-10-10 · checked 2026-09-09

Newest RippleNet members include AirWallex, Bexs Banco, Credit Agricole, Cuallix, Currencies Direct, dLocal, IFX, Krungsri, RAKBANK and TransferGo. Existing commercial members named include SEB and Siam Commercial Bank. RAKBANK, IFX, TransferGo and Currencies Direct are described as using RippleNet for payments into India.

Network membership and intended corridors. Does not establish XRP. Current status unknown.

Open source

Related organizations

Each link is sourced. The step count labels path length. A chain of business relationships is not evidence that the far organization uses XRP.

  • Ripple1-step · date not stated

    Named Ripple relationship

Uncertainties and missing follow-up

  • Later commercial status was not independently confirmed for this release.

X-Index (xindex.info) is an independent community research directory. v0.9.9 adds Documents from a user-supplied PDF list: ECB 2015 virtual-currency analysis, Ripple’s 2021 House of Lords evidence, Palau PSC press, a World Bank CBDC energy note citing Ripple’s XRP table, and academic papers (Jani, Mokeeva/Novosibirsk lab cite, Firouzi, etc.) labeled Academic — not institutional endorsement. A 2018 student overview is not a bank customer. v0.9.8 adds Shariyah Review Bureau’s March 2022 Sharia Analysis of Ripple/XRP (alongside the existing XRP Compliant screen) and Ripple’s 2023–2024 seat on the BIS CPMI PIE task force — a historical industry-committee membership, not a current listing and not XRP as a G20 rail. v0.9.7 adds a Documents catalog of institutional and business pages that actually name Ripple, XRPL, or XRP — a caption or screenshot is not the source. Flags are headquarters plus sourced activity countries. A BRICS or OPEC mark is country membership, not a bloc partnership. A past announcement is not a current-day connection. Counts are documented organizations in this database, not exhaustive national adoption. Last updated 2026-09-09. Not affiliated with Ripple.