FOREX BANK – SEK vs GBP/EUR EXCHANGE RATES
Compare FOREX Bank SEK currency transfer options to/from Sweden. You can beat FOREX Bank exchange rates when making a Swedish krona international money transfer or overseas payment, save time, money and get the best deal.
| FOREX BANK | SEK to GBP | SEK to EUR | Minimum Transfer + Fee | TrustScore (Trustpilot) | More Details |
|---|---|---|---|---|---|
| Currencies Direct | £0.071 to £0.071 | €0.086 to €0.086 |  |  | |
| TorFX | £0.071 | €0.086 |  | | |
| Wise | £0.071 to £0.071 | €0.086 to €0.086 |  | | |
| FOREX BANK | £0.07 | €0.085 | |  |  |
FOREX Bank International Money Transfers
International currency transfers to or from your FOREX Bank account in Swedish krona, UK pounds, the euro and many other popular currencies will involve a margin or exchange rate of around 2.4% and additional bank transaction or commission fees may apply.
FOREX Bank 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 – FOREX Bank
Sending foreign currency to or from your FOREX Bank account in Sweden 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 1,000,000 Swedish krona (SEK) using FOREX Bank services would have a transaction exchange rate margin of around 2.4% – or 24,000 SEK. Using a specialist broker, in this example TorFX – the exchange rate margin would work out at 0.7% – or only 7,000 SEK in total, which is a large saving over the bank service.
FOREX Bank – Other Useful Information
International money transfers from FOREX Bank could take longer to arrive than using a private currency exchange provider and you will also need to be an existing FOREX Bank account holder to use their services. FOREX Bank 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 50,000 SEK).
Unless you pay a premium, FOREX Bank’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.
FOREX Bank, Sweden – About
FOREX Bank was created in 1927 when a barber in Stockholm started offering foreign exchange services to his customers. Today it has over 70 banking branches across Sweden as well as branches in Denmark, Finland and Norway. FOREX Bank offers a range of banking services including foreign exchange.
FOREX Bank branch finder
Find FOREX Bank 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 FOREX Bank branches in your search area results.
Contact FOREX Bank from abroad
You can find answers to everyday banking questions at FOREX Bank online. If you can’t find the answer you’re looking for, you can call them from outside Sweden on +46 010 211 10 00
FOREX Bank – Head office address
FOREX Bank AB – Kornhamnstorg 4, 111 27 Stockholm, Sweden
Still have questions?
Doing some research and evaluating options will ultimately save you time and money: Compare money transfer providers
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