SWEDBANK LATVIA EURO vs GBP/USD EXCHANGE RATES
Compare Swedbank euro currency transfer options to/from Latvia. You can beat Swedbank euro exchange rates when making an international money transfer or overseas payment, save time, money and get the best deal.
| Swedbank | EUR to GBP | EUR to USD | Minimum Transfer + Fee | TrustScore (Trustpilot) | More Details |
|---|---|---|---|---|---|
| Currencies Direct | £0.819 to £0.822 | $1.044 to $1.047 |  |  | |
| TorFX | £0.822 | $1.047 |  | | |
| Wise | £0.823 to £0.824 | $1.048 to $1.049 |  | | |
| Swedbank | £0.808 | $1.03 | |  |  |
Swedbank Latvia International Money Transfers
International currency transfers to or from your Swedbank account in the euro, UK pounds, US dollars and many other popular currencies will involve a margin or exchange rate of around 2.3% and additional bank transaction or commission fees may apply.
Swedbank international currency transfer rates are much higher than most money transfer providers (money transfer providers rates range between 0.45 to 1.0%).
Currency Transfer Alternatives – Swedbank Latvia
Sending foreign currency to or from your Swedbank account in Latvia needn’t be a complex matter, moreover, you can save time and money when you use a specialist currency broker instead.
Specialist foreign exchange companies including our recommended providers here can save you money and time on the transaction. Our recommendations are based on international coverage and office locations together with the lowest foreign exchange margin rates offered.
Example: A typical overseas currency transfer of 100,000 euro (EUR) using Swedbank services would have a transaction exchange rate margin of around 2.3% – or 2,300 EUR. Using a specialist broker, in this example TorFX – the exchange rate margin would work out at 0.7% – or only 700 EUR in total, which is a large saving over the bank service.
Swedbank Latvia – Other Useful Information
International money transfers from Swedbank could take longer to arrive than using a private currency exchange provider and you will also need to be an existing Swedbank account holder to use their services. Swedbank may additionally charge a flat rate commission fee when sending money abroad into another currency and bank transfer commission fees vary depending on the amount you need to transfer. Private brokers offer commission free currency transfers, typically over a value of £5000 (or 5,000 EUR).
Unless you pay a premium, Swedbank’s service will take from 5 to 7 days for your funds to arrive at the destination bank. Private foreign exchange companies typically complete the transaction either same day, or next day.
Swedbank, Latvia – About
Swedbank is Sweden’s largest bank in terms of number of customers with over 300 branches in Sweden and more than 200 branches in the Baltic States of Estonia, Latvia and Lithuania. Swedbank is now the most popular bank in Latvia, offering a comprehensive range of financial services with a focus on private individuals. It serves almost one million private customers and over 71,000 businesses and operates a network of about 50 branches and 400 ATMs across Latvia.
Swedbank branch finder
Find Swedbank branch addresses near you with our geolocation map search. Simply enter the bank name (and optionally a city or country) and the map will display the closest Swedbank branches in your search area results.
Contact Swedbank from abroad
You can find answers to everyday banking questions at Swedbank online. If you can’t find the answer you’re looking for, you can call them from outside Latvia on +371 67 444 449
Swedbank Latvia – Head office address
Swedbank Latvia – Balasta dambis 15, Riga, LV-1048, Latvia
Still have questions?
Doing some research and evaluating options will ultimately save you time and money: Compare money transfer providers
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