How to send money to Sweden

Find the lowest fees and best exchange rates so you can send money to Sweden without breaking the bank.

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If you need to get money to someone in Sweden, take your time to search for the best exchange rates and the lowest fees. By doing this, you could get more krona to your recipient and save some money for yourself. And since there are plenty of options out there, you have the ability to make a choice that gets you the best deal.
OFX International Money Transfers

Our pick: OFX International Money Transfers

OFX offers flexible transfer options, 24/7 customer support and no maximum limit. Send a minimum of $1,000 per year.

  • $0 transfer fees. Send fee-free transfers to over 195 countries worldwide.
  • Transfers in 55 currencies. OFX supports major, minor and exotic currencies.
  • Flexible options. Choose from forward contracts to scheduled transfers for convenience and flexibility.

    Compare international money transfers to Sweden

    Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
    USD 1 1 - 2 days USD 0.00 9.522 SEK 47,608 Offering no maximum and no minimum limit transfers with $0 fees. Go to site Show details
    USD 1 Within an hour USD 3.99 9.529 SEK 47,608 Use promo code 3FREE to send your first 3 transfers with no fee. Send to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up. Go to site Show details
    USD 1,000 1 day USD 0.00 9.474 SEK 47,369 No-maximum limit transfers with competitive exchange rates for 100+ currencies. Go to site Show details
    USD 1 1 - 2 days USD 40.00 9.569 SEK
    Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks. Go to site Show details

    Compare up to 4 providers

    Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

    Banks versus money transfer companies

    Despite only being used in Sweden, the krona is one of the top traded currencies in the world. This means your bank will likely be able to make a money transfer to Sweden, but at what cost? Banks are known for their high fees, slow processing times and poor exchange rates. If you want to get a good deal, a bank might not be your best choice.

    Instead, a money transfer company may prove to be a better option. With a number of companies offering low fees, quick transfers and good exchange rates, you have a lot to choose from. If you aren’t familiar with them, it’s certainly an option you should look into.

    Case Study: Sven Sends Money to Sweden

    Sven has relocated to the United States but still sends money home to his parents in Malmo. He wants to send them $1,000 as a gift for their 30th wedding anniversary. The problem is his bank offers a paltry exchange rate. Because of this, he decides to check out the fees and features of two money transfer services to see if there’s a better deal available.

    Money transfer company 1Money transfer company 2
    Exchange rate1 USD = 8.288 SEK1 USD = 8.383 SEK
    Transfer fee$5$10
    Transfer methodBank account depositBank account deposit
    Processing time3 business days1 to 3 business days
    Amount received (in SEK)8,288 SEK8,383 SEK

    Sven’s parents will receive almost 100 krona extra if he uses the second transfer company. Even though it has a slightly higher transfer fee, Sven is more than happy to pay it if it means his parents are able to celebrate in style.

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    How to compare transfer companies when sending money to Sweden

    • Exchange rates. When comparing exchange rates between companies, see which one gets closest to market value. The closer it is, the better deal you’re getting.
    • Fees. The amount you’ll pay per transfer depends on a few different factors, so compare the fees between different companies and your bank to see which keeps your costs low.
    • Transfer methods. Companies offer one or more of the following methods: online transfers, phone transfers, in-branch transfers and mobile app transfers.
    • Turnaround time. Compare transaction processing times and see which companies send quicker transfers without charging higher fees.
    • Minimum transfers. Check the fine print to see if any minimum transfer limits apply. If you only need to send a small amount, you don’t want to have to pay a big fee because of it.
    • Pickup methods. Will your recipient be able to visit a transfer branch and collect the cash you send or will the money be sent straight to their bank account? Choose the option your recipient prefers.

    Foreign exchange rates explained

    Exchange rate is used to determine how much one currency is worth when traded for another currency. A strong currency will yield more when it’s exchanged for a weak currency, which gives the US dollar an edge. But since most exchange rates are flexible, the exact number can change from moment to moment.

    Today’s USD-SEK exchange rate

    How to send money to Sweden

    Every money transfer service will be different, but in general, you can follow these steps to keep the process quick and easy.

    1. Choose a provider from the table above.
    2. Click Go to site to create an account.
    3. Start a transfer and enter information about your recipient.
    4. Select the amount you want to send, pay for your transfer and save your tracking number.

    Same-day cash transfers to Sweden

    There are a few services that offer same-day transfers to Sweden. Some even keep fees low and exchange rates near market value, which saves you money and gets your recipient more cash. However, you’ll need to keep an eye out — not every service comes cheap, so compare your options carefully and choose one that won’t break the bank.

    Tips for picking up cash in Sweden

    If you or a recipient is picking up cash, follow these steps to help minimize the risk of theft.

    • Don’t pick up cash if you don’t feel safe or if you aren’t at an authorized agent location.
    • Don’t let any strangers see that you have a large sum of money.
    • Don’t carry the cash on your person for any longer than you need to.
    • Deposit the money with your bank or in a secure hotel safe as soon as possible.

    Bottom line

    Money transfers to Sweden are common. This means you have plenty of options, and since you have plenty of options, you’ll need to be on the lookout for a good deal. Carefully consider each money transfer service and read our guide on the process to keep your research quick so you can get your recipient the money they need.Back to top

    Read more on this topic

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    2 Responses

    1. Default Gravatar
      sheemaJune 9, 2018

      Hello there

      I need to know what’s the best way to send the money to someone in Sweden from the United States. the person doesn’t have any bank account back there because he is waiting for the immigration response. however, he needs money and as a friend, I would like to help him.

      Thank s

      • Avatarfinder Customer Care
        JeniJune 9, 2018Staff

        Hi Sheema,

        Thank you for getting in touch with finder.

        There are many money transfer companies with cash pickup options since your friend has no bank account. You can ask him/her to check out the transfer options available from companies like Western Union and MoneyGram near your friend.

        I hope this helps.

        Have a great day!


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