Sweden's royal family said Princess Madeleine's wedding to American banker Christopher O'Neill will take place on Saturday, June 8, at the Royal Palace chapel in downtown Stockholm.

The news was announced on Sunday by a representative of the royal family, according to The Washington Post.

The couple first announced their engagement Oct. 25 on the website of the royal family of Sweden

Princess Madeleine Therese Amelie Josephine, 30, called O'Neill her "soulmate" during the engagement announcement and that they have "a lot of fun together."

The successful 38-year-old financier from New York has reportedly been warmly welcomed by the Swedish royal family.

According to the announcement, the two live and met in New York where they were introduced through mutual friends.

Princess Madeleine is fourth in line to the Swedish throne and is the youngest child of King Carl XVI Gustaf and Queen Silvia.

O'Neill, a dual British-American citizen, says he's being treated warmly by the royal family and that he's learning Swedish.

"I felt part of the family right from the very beginning. Madeleine's family is very warm and we have a very good time when we all see each other," said O'Neill in the October announcement, as reported by CNN.

The New York banker is said to have gone the traditional route by asking the king for her hand in marriage. Princess Madeleine's father consented and "requested the approval by the Swedish Government, in accordance with the procedures set out in the Swedish Constitution," according to the announcement.

The princess commented about her new love saying: "I appreciate Chris for his warmth and his humor. He has a very big heart and he manages to make everyone in his presence feel good. Christopher is a very thoughtful and generous person."

The Swedish royal family has only ceremonial duties, such as supporting charities and promoting Swedish businesses.

The princess was previously engaged in 2010 but reports of infidelity on the part of her fiancé caused a breakup.