How to send money to Sweden
Learn how to make a money transfer to Sweden with the lowest fees and best rates in 4 easy steps
1. Check the SEK interbank exchange rate against the currency you want to send
Even though the currency market is uncertain, it never hurts to monitor it to maximize how many the receiver of the transfer will get. Keep an eye on the exchange rate and send the money when the SEK rate gets to a specific level.
2. Compare the more than thirty services available for transfers to Sweden and find the best option.
We compare a lot of companies able to send money to Sweden, such as TransferGo, TransferWise, Western Union, MoneyGram, CurrencyFair. You will save big by comparing them all and go with the most competitive one for your transfer.
3. Pick the best money transfer company with your own criteria
Are you looking for the provider with the overall most competitive cost, the shortest transfer time, best ratings, or a combination of these factors.
In addition, you may want to take into account the pay-in and pay-out methods. Transferring money from your e-banking or via your debit or credit card are the most often available pay-in methods to send money to Sweden online. To receive the money in Sweden, choose if you need the money to be deposited on a local bank account or be available for cash pick-up.
4. Sign up and start your transaction with the service you selected
Visit the provider's homepage to register (you normally have to upload some ID documents to confirm your identity), and configure your transaction.