Send Money To Sweden

Personal
Business
From
United States Flag
United States
USD
To
Sweden Flag
Sweden
SEK
1 USD equals
10.013 SEK
Updated on March 29, 2025
 
How much to transfer?
$1-$1k
$1k-$10k
$10k +
Provider
Features
Fees
Score
Speed
Transfer Now
OFX Logo
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    0.4% margin for new customers referred by iCompareFX
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    Fee-free transfers
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    Scheduled transfers
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    Online and phone transfers
$
$
$

low

Fees
87
Speed Icon

medium

2-3 days

More Information
+

Currencies Direct Logo
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    Forward contracts and limit orders
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    Scheduled transfers
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    Travel money solutions for residents of the UK
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    Multilingual website
$
$
$

low

Fees
84
Speed Icon

medium

2-3 days

More Information
+

XE Money Transfer Logo
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    Fee-free transfers
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    Competitive exchanges rates
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    Limit orders
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    Multilingual website and customer service
$
$
$

low

Fees
71
Speed Icon

medium

2-3 days

More Information
+

WorldRemit Logo
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    Bank account transfers and cash transfers
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    Mobile airtime and mobile wallets top up
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    Home delivery of transferred funds
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    Multicurrency WorldRemit Wallet
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    Multilingual website
$
$
$

medium

Fees
63
Speed Icon

fast

1-2 days

More Information
+

Wise Logo
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    Transparent fee structure
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    Send money to email addresses
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    Multicurrency account with debit card
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    Multilingual website & app
$
$
$

low

Fees
75
Speed Icon

fast

1-2 days

More Information
+

How to send money to Sweden

How To Step Icon
Step 1
Compare, select, create a new account
Compare, select, create a new account
Go through the offerings of the top companies that let their customers send money to Sweden.
Consider your requirements carefully and select a service provider that you feel might work best for you.
Sign up by providing the required information, and create a new personal or business account.
You might need to provide details from a valid identity document, which could be your driver's license or passport.
How To Step Icon
Step 2
Look at exchange rates, finalize transfer
Look at exchange rates, finalize transfer
Examining historical SEK exchange rates gives you means to determine if it is a good time to send money to Sweden.
To set up your transfer, visit your service provider's website, enter the amount you wish to send, and get a rate quote.
Lock the offered rate by accepting the quote. Find out how much time the transfer might take to complete.
Give your service provider the recipient's Swedish bank account details.
How To Step Icon
Step 3
Pay for your transfer, check updates
Pay for your transfer, check updates
Just about all companies accept payments via bank account transfers, and some accept card payments too.
The actual process of transferring money to Sweden begins once you make your payment.
Updates on your service provider's website and app give you an easy way to track the progress of your transfer. You may also receive notifications via text messages or emails.

Currency Symbol and Swift Codes

What currency do they use in Sweden? The Swedish krona (SEK) is official currency of Sweden, and it has been in use since 1873. One krona is subdivided into 100 öre. In April 2016, the krona was the ninth most traded currency in the world. There is currently no indication of when Sweden might adopt the euro.

If you plan to send money to a Swedish bank account, you will need the bank’s SWIFT code. The corresponding table lists SWIFT codes of some popular banks in Sweden.

BANKBRANCHSWIFT CODE
Nordea BankStockholmNDEASESSNCL
Svenska HandelsbankenStockholmHANDSESSCLS
Skandinaviska Enskilda BankenStockholmESSESSCLS
SwedbankStockholmSWEDSESSCLS

 

Case Study

Oscar and his family moved from Sweden to the UK because he found a new job there. However, they did not want to sell their home in Sweden because they planned to return some time in the future. This meant Oscar had to keep making repayments from the UK toward his existing home loan in Sweden. While he could use a bank in the UK to make the monthly transfers, he felt he might get a better deal by comparing his options. The table below shows you the results of his comparison.

 BANKMONEY TRANSFER SERVICE
Exchange rateGBP 1 = SEK 10.9130GBP 1 = SEK 11.7455
Transfer feeGBP 15GBP 0
Amount received for GBP 1,000SEK 10,746.31SEK 11,745.50
Transfer time2 to 5 days2 to 3 days
Transfer optionsBank accountBank account
Difference of SEK 996.19

Using the services of the money transfer company as opposed to the bank benefited Oscar in different ways. Since he got better value for money, he was able to make larger than expected payments toward his loan. He was able to schedule his transfers so he did not have to remember making a repayment every month. In addition, he could also lock in exchange rates for up to six months.

 

Cash Pickup Locations in Sweden

If you want to send money to Sweden in a hurry or if the recipient does not have a bank account, you may use the services of companies that have cash pickup locations in the country. Some of the prominent companies with agent networks in Sweden include Western Union, MoneyGram, and Ria.

WESTERN UNION IN SWEDEN 
Stockholm Dream Bow Travel Vattugatan 7 StockholmForex Bank Hamngatan 37 Stockholm
Gothenburg Forex Bank Centralstation GoteborgLilians Guld and Smycken Sodra Hamngatan 61 Goteborg
MONEYGRAM 
Stockholm Folk Kiosk Malarhojdens T-Bana StockholmNybohov Livs Nybohovsbacken 45 Stockholm
Gothenburg Anadolu Resor Kopmansgatan 27 Loc GoteborgDiamex 1 Goteborg AB Odinsgatan 24 B Goteborg

 

Safety Tips for Picking Up Cash in Sweden

Crime levels in Sweden are lower than most other European countries. However, instances of petty crime such as bag snatching and pickpocketing take place around tourist areas such as Stockholm’s Central Station and Old Town, on public transportation, and in restaurants. Criminals may work in teams, where while one distracts you the other relieves you of your valuables. Some well-dressed thieves are known to operate out of breakfast rooms and hotel lobbies.

 

What Information Do I Need to Transfer Money to Sweden?

When you send money to Sweden, the transfer method you choose has a bearing on the information you need to provide.

  • Bank account. The service provider will need the recipient’s name, a bank account number, the receiving bank’s name, and the bank’s SWIFT code.
  • Cash pickup location. You will need to identify a cash pickup location and also provide the recipient’s complete name. The recipient may collect the transferred money by presenting an acceptable form of identification document along with a transaction or reference number.

 

Regulations When Transferring Money To and From Sweden

After Sweden joined the European Union it has allowed free flow of money in and out of the country. Sveriges Riksbank (the Central Bank of Sweden)  sets the country’s monetary policy and tries to maintain inflation levels. The Finansinspektionen regulates and monitors the country’s financial systems.

You may freely exchange the Swedish krona with any other currency.  There are no restrictions on transfers and they do not need to be declared, unless they exceed EUR 10,000 per person.

Convert USD to SEK

Check out the historical exchange rates for the last thirty days. Learn how much you can save by using a global money transfer company instead of the big banks.
USD
SEK
Sending money online through specialist money transfer companies.

Expect to receive between Skr991.27 and Skr997.27 when sending money from USD to SEK at today's exchange rate.

Compare that to sending money overseas through retail banks. Expect to receive approximately Skr951.21, not including additional banking fees. That is an average saving of Skr43.05.
Currency exchange rate in the last 30 days

Need more information?

Read useful guides on international remittance and more detailed reviews on the best money transfer services.

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