Best Ways to Send Money from the Philippines to Sweden (2025 Update)

Sending money from the Philippines to Sweden?

Whether it’s for tourism, or because you’re planning a move, if you have Philipine currency, and you’re going to Sweden, you want to know the best way to convert between the two.

In the Philippines, they use the Philippine peso (PHP). And Sweden – unlike a lot of European countries (but like most places in Scandanavia) – doesn’t use the euro. While it is in the European Union, and part of the Schengen area (meaning you need a Schengen visa to go there), Sweden maintains its own, independent currency. This is the Swedish krone (SEK).

Lucky for you, we live in the 21^st century, and there are countless online options available to convert money. You DON’T have to pay huge fees at a bank! Read on to discover how to move your Philippine money into Sweden, easily and via e-transfer!

Send your money from the Philippines to Sweden

Fortunately, both PHP and SEK are stable currencies. Their value hasn’t wildly fluctuated compared to each other, or compared to the euro. This means that you don’t have to be in any rush to get rid of your Philippine pesos, or gobble up Swedish krona at a low rate!

However, while both SEK and PHP are stable, neither is a well-known international money. This means that, in order to convert between the two, you’ll probably want to convert your PHP first into euros. The euro is a very stable currency, and most banks in Sweden will allow you to keep a balance in euros. When you are ready, you can easily convert these euros into SEK.

But then, once you’ve moved your money to Sweden, should you keep it in euros or immediately convert to SEK? This depends, partly, on when you’re planning to use the money – in the short term, or in the long term. Over the long term, the SEK has lost a little value compared to the euro. It’s gone from 1 SEK = 0.1 euros to about 0.095 now. And Sweden is planning to switch to the euro eventually!

Moving countries via an e-transfer

To actually move the money from the Philippines to Sweden, e-transfers make it easy. Whether you prefer to have the service tie directly into your bank account, or you want to use your credit card, there are online options! Furthermore (and unlike most banks’ wire transfers), online services’ rates are close to market, and they charge only a small commission.

The difficulty with most of these services is that they don’t allow you to convert your Philippine pesos into any other currency. You will have to convert your pesos using banks in the Philippines, to currencies like the euro. (You can also use USD, Canadian dollars, or even Hong Kong dollars.)

Once you have a convertible currency like EUR or USD, online services make it easy to convert your money into Swedish krona. Even if the two banks are located in different countries! As the person moving the money, you just need to be aware of the import and export restrictions, to know whether you need to declare your transfers to the tax authoritiess.

To take money out of the Philippines, the current limit is the equivalent of USD$10,000, above which you’ll have to submit a Declaration Form to the Bureau of Customs. For Sweden the limit is 10,000 euros or its equivalent.

How much does it cost?

Unfortunately, converting and moving money means fees. With online services, these often aren’t large – though they can be percentages, which means that if you’re transferring a lot of money, they can get big! (1,000,000 Philippine pesos, at only a 1% commission, is already 10,000 pesos!)

The fees for converting pesos into any currency, even euros, will depend on your bank in the Philippines. However, these, too, can be substantial.

But go with us – because we’re the best option!

We can help you convert your PHP into SEK or even euros – even if a lot of online services don’t offer this option. We know the Philippine peso. We know that it’s a solid money, and we’re ready and willing to deal in it. Whatever your strategy – to change your pesos to euros first, or convert them directly to Swedish krona – we’re ready to get the job done. Give us a call today.