Compare Nordea SEK currency transfer options to/from Sweden. You can beat Nordea exchange rates when making a Swedish krona international bank money transfer or overseas payment, save time, money and get the best deal.
International currency transfers to or from your Nordea bank account in Swedish krona, UK pounds, the euro and many other popular currencies will involve a margin or exchange rate of around 1.9% and additional bank transaction or commission fees may apply.
Nordea international currency transfer rates are much higher than most money transfer providers (money transfer providers rates range between 0.45 to 1.0%).
Sending foreign currency to or from your Nordea 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 Nordea services would have a transaction exchange rate margin of around 1.9% – or 19,000 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.
International money transfers from Nordea could take longer to arrive than using a private currency exchange provider and you will also need to be an existing Nordea bank account holder to use their services. Nordea 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, Nordea’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.
Nordea is a Swedish bank and part of the Nordea Banking Group the largest Scandinavian financial group with over 1,400 branches present in 19 countries around the world. Nordea is the result of the successive mergers and acquisitions of the Finnish, Danish, Norwegian and Swedish banks of Merita Bank, Unibank, Kreditkassen (Christiania Bank) and Nordbanken that took place up until the year 2000. As of 2017 Nordea’s central head office is located in Finland.
Find Nordea 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 Nordea branches in your search area results.
You can find answers to everyday banking questions at Nordea online. If you can’t find the answer you’re looking for, you can call them from outside Sweden on +46 0771 22 44 88
Still have questions?
Doing some research and evaluating options will ultimately save you time and money: Compare money transfer providers