The best services for sending money from Sweden overseas
Top 9 money transfer services from Sweden abroad
The following chart is a calculation of the transfer of 2000 SEK to GBP from Sweden to the UK.
Company | Rate | Fees and special offers |
---|---|---|
TransferGo | 0.0717 GBP | No fees and a special rate on your first 2 transfers |
Wise | 0.0718 GBP | Fees = 17.12 SEK |
WorldRemit | 0.0710 GBP | First 3 transfers are fee-free with code 3FREE |
Profee | 0.0706 GBP | First transfer is fee-free |
OFX | 0.0705 GBP | No fees |
Xe | 0.0708 GBP | Special rate for new customers |
Remitly | 0.0689 GBP | Special rate and no fees on your first transfer |
Western Union | 0.0680 GBP | First transfer is fee-free |
CurrencyFair | 0.0678 GBP | First 10 transfers are fee-free |
There are many people and businesses who may need some extra money in the current climate. What’s the best way for you to send money overseas from Sweden, and what do you need to look out for?
How to transfer money from Sweden overseas online?
In today’s super modern world, there’s definitely the best way to send money from A to B: online. There are plenty of different services out there that will help you, and an e transfer method will be fastest.
The best way to use online services is to pick a well-known brand, and then log in, and transfer your money. Generally, the more well-known a brand is, the more reputable it is.
Which provider to use to wire money from Sweden overseas?
There are two main things you need to concern yourself with when you’re transferring money overseas: speed and fees.
There are some services which will be faster than others. In most services, you will be able to make a payment into an online account using either bank transfer or a credit card. With those methods, you’ll typically be able to authorize payment at the other end in a matter of minutes. A number of different services will allow you to deposit funds into an online account to be withdrawn at the other end as a hard cash payment. These types of transfers are normally very fast. The company you’re using already has money at the destination, and the money you’re paying will allow the company to release their money almost immediately.
When transferring money, you need to bear fees in mind. Some companies will charge a fee for the transferring of money. Other companies will charge a smaller fee, but take a cut of the money you’re sending. The second option may be better for your wallet, as they will typically charge a lower fee for use of their services, though they do take a small cut of the money you’re transferring.
How much does it cost to send money overseas from Sweden?
There are two different ways that services might charge you to use them: by a fee, or by taking a cut of the money you’re sending.
If a service charges by a fee, it could be more expensive, as they need to meet their profit margins exclusively in that fee.
If a service takes a cut of the money you’re transferring, it may be cheaper, as their entire profit margin is made up of the cut they’re taking. As such, they will calculate what percentage of your money they need to take, and it will often be cheaper than exclusively paying a fee. If you’re using a service that is going to take a cut of the money you’re sending, remember to pay a little more so your ideal amount gets to the recipient.
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FAQ
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Popular destinations of transfers from Sweden
- Afghanistan
- Åland Islands
- Albania
- Algeria
- American Samoa
- Andorra
- Angola
- Anguilla
- Antigua and Barbuda
- Argentina
- Armenia
- Aruba
- Australia
- Austria
- Azerbaijan
- Bahamas
- Bahrain
- Bangladesh
- Barbados
- Belarus
- Belgium
- Belize
- Benin
- Bermuda
- Bhutan
- Bolivia
- Bosnia And Herzegovina
- Botswana
- Brazil
- British Virgin Islands
- Brunei Darussalam
- Bulgaria
- Burkina Faso
- Burundi
- Cambodia
- Cameroon
- Canada
- Cape Verde
- Caribbean Netherlands
- Cayman Islands
- Central African Republic
- Chad
- Chile
- China
- Colombia
- Comoros
- Congo RDC
- Congo
- Cook Islands
- Costa Rica
- Croatia
- Cuba
- Curacao
- Cyprus
- Czech Republic
- Denmark
- Djibouti
- Dominica
- Dominican Republic
- Ecuador
- Egypt
- El Salvador
- Equatorial Guinea
- Eritrea
- Estonia
- Ethiopia
- Faroe Islands
- Fiji
- Finland
- France
- French Guiana
- French Polynesia
- Gabon
- Gambia
- Georgia
- Germany
- Ghana
- Gibraltar
- Greece
- Greenland
- Grenada
- Guadeloupe
- Guam
- Guatemala
- Guinea
- Guinea-Bissau
- Guyana
- Haiti
- Honduras
- Hong Kong
- Hungary
- Iceland
- India
- Indonesia
- Iran
- Iraq
- Ireland
- Israel
- Italy
- Ivory Coast
- Jamaica
- Japan
- Jordan
- Kazakhstan
- Kenya
- Kiribati
- Kosovo
- Kuwait
- Kyrgyzstan
- Laos
- Latvia
- Lebanon
- Lesotho
- Liberia
- Libya
- Liechtenstein
- Lithuania
- Luxembourg
- Macao
- Macedonia
- Madagascar
- Malawi
- Malaysia
- Maldives
- Mali
- Malta
- Marshall Islands
- Martinique
- Mauritania
- Mauritius
- Mayotte
- Mexico
- Micronesia
- Moldova
- Monaco
- Mongolia
- Montenegro
- Morocco
- Mozambique
- Myanmar
- Namibia
- Nauru
- Nepal
- Netherlands
- Netherlands Antilles
- New Caledonia
- New Zealand
- Nicaragua
- Niger
- Nigeria
- Northern Mariana Islands
- Norway
- Oman
- Pakistan
- Palau
- Palestine
- Panama
- Papua New Guinea
- Paraguay
- Peru
- Philippines
- Poland
- Portugal
- Puerto Rico
- Qatar
- Réunion
- Romania
- Russia
- Rwanda
- Saint Barthélemy
- Saint Kitts And Nevis
- Saint Lucia
- Saint Martin
- St Vincent & the Grenadines
- Samoa
- San Marino
- Sao Tome And Principe
- Saudi Arabia
- Senegal
- Serbia
- Seychelles
- Sierra Leone
- Singapore
- Sint Maarten
- Slovakia
- Slovenia
- Solomon Islands
- Somalia
- South Africa
- South Korea
- South Sudan
- Spain
- Sri Lanka
- Sudan
- Suriname
- Swaziland
- Sweden
- Switzerland
- Syrian Arab Republic
- Taiwan
- Tajikistan
- Tanzania
- Thailand
- Timor-Leste
- Togo
- Tonga
- Trinidad And Tobago
- Tunisia
- Turkey
- Turkmenistan
- Turks and Caicos Islands
- Tuvalu
- Uganda
- Ukraine
- United Arab Emirates
- United Kingdom
- United States
- US Minor Outlying Islands
- US Virgin Islands
- Uruguay
- Uzbekistan
- Vanuatu
- Vatican
- Venezuela
- Vietnam
- Wallis And Futuna
- Yemen
- Zambia
- Zimbabwe