SWEDBANK SWEDEN – SEK vs GBP/EUR EXCHANGE RATES
Compare Swedbank SEK currency transfer options to/from Sweden. You can beat Swedbank exchange rates when making a Swedish krona international money transfer or overseas payment, save time, money and get the best deal.
| Swedbank | SEK to GBP | SEK to EUR | Minimum Transfer + Fee | TrustScore (Trustpilot) | More Details |
|---|---|---|---|---|---|
| Currencies Direct | £0.073 to £0.073 | €0.087 to €0.087 |  |  | |
| TorFX | £0.073 | €0.087 |  | | |
| Wise | £0.073 to £0.074 | €0.087 to €0.087 |  | | |
| Swedbank | £0.072 | €0.085 | |  |  |
Swedbank International Money Transfers
International currency transfers to or from your Swedbank account in Swedish krona, UK pounds, the euro 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
Sending foreign currency to or from your Swedbank 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 Swedbank services would have a transaction exchange rate margin of around 2.3% – or 23,000 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.
Swedbank – 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 50,000 SEK).
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, Sweden – About
Swedbank was established in 1820 and is one of the largest banks in Sweden with more than 4 million customers, served by over 300 Swedish banking branches.
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 Sweden on +46 0771 22 11 22
Swedbank – Head office address
Swedbank AB – 105 34 Stockholm, Sweden
Still have questions?
Doing some research and evaluating options will ultimately save you time and money: Compare money transfer providers
Sponsored